As can be seen from this actual photo my daughter took this weekend, it’s always good to see what is behind you. The T-Rex looks quite vicious, doesn’t it? If you are driving on Highway 6 near Hamilton you’ll know which T-Rex I mean.
Financially, you need to remember the very important advice once given me, about when a predator is chasing you. You don’t have to be the fastest, you just have to be faster than the slowest prey. Getting back into the equity markets the most immediate may not be what your goal should be, maybe you should aim to be in before MOST of the folks get back in, or else you might end up with someone’s lunch.
The Stock Market is like a T-Rex
It’s fast, it eats anything it can catch and it has really short arms, well, maybe that last one isn’t quite correct, but right now investors must feel like the T-Rex prey, because a lot of us are being chewed up, but then again, maybe if we just stand there, the T-Rex might run by us (if you don’t understand that reference, re-read Jurassic Park by the late Michael Crichton)?
For folks that are investing for the long term, continue not watching what is coming behind you, you shouldn’t be worrying, you are in the market for the long term, relax and it will all settle down, eventually.
Just another pitiful analogy by the Big Cajun Man so he can include a funny picture his daughter made on the weekend? Maybe, but I like it.
And this is what happens when you don’t just stand there. Don’t mess with the markets (aka T-rex)! http://youtu.be/qst7zbStTq0
I know exactly which T-Rex you are referring too. Very nice shot there.
Your analogy is very interesting and I agree with it 100%. If you’re in it for the long haul, it’s business as usual. If you’re there for a quick buck, well you might get chewed up.