The Coronavirus is giving you a gift here. Stocks are on sale now. There has never been a correction where the end result wasn’t a new high since 1792.

You can’t wait for a safe time to get in or get back in. Short term market timing does not work. The market will be much higher by the time you decide to take the plunge.

The 2019 US Coronavirus scare will go down much like Y2K did. Warm weather is coming. Like the flu (which is 100 times worse), the changing of the seasons will attenuate new cases.

I saw a report today that there is a run on toilet paper in Hawaii. Besides being a pun, there are no cases in Hawaii that I’ve seen. Why would there be a run on toilet paper then? The reason is the CDC is trying to make sure they cry “Wolf!” loud enough so that if it gets out of hand, they can say they told you so. I think the head of the CDC should be fired.

We are currently down 15% and may go a little lower, but even if we go a lot lower, you can lock in that 15% discount now. Don’t be greedy. Take a free 15% discount even if you don’t buy TQQQ.

July 30, 2020 UPDATE

Since this call to add, QQQ is up 26%, GLD is up 20%. Either position worked out. However TQQQ is up 47%. Nice work!