While a 5% drop in oil provides temporary breathing room from stagflation fears, the ultimate foundation of my portfolio isn't built on a single theme. It is the sum total of the whole picture and the belief that it is time in the market that counts, not timing the markets.
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The irony is that so many people say they're buying great companies to hold for the next 5 or 10 years, yet they're glued to the screen watching every nanosecond of the price action. π That kind of defeats the whole purpose of long-term investing.
If nothing has fundamentally changed about the business, a 1β2% move today shouldn't matter much when your investment horizon is measured in years. Stay informed, yes. Obsess over every tick? Probably not. As you said, it's about seeing the whole picture and letting time in the market do the heavy lifting.