I am by no means a new investor. I have near a million in retirement accumulated over my 40 years of working. I’ve followed the tried and true path in index investing.
The problems now presented as a result of the current administration are beginning to “feel” insurmountable. I have a disability that could render me unable to work by the time it my mid to late 50s. I’m on my peak earnings. I don’t have debt and have a house with around 300k equity.
The main things I’m seeing are highly inflationary damage as a result of a poorly planned assault on Iran that resulted in the regime being newly exploring options of enforcing fees on transit of oil. Tariffs which are already a form of austerity against Americans. Somewhat middling but high for the time period interest rates, a breaking point for general Americans. Large amounts of risky private debt associated with risky data center investments, and sampled cost inputs as a result of already constrained compute resources like RAM and so forth.
The forces in the market right now having someone like me who’s an extremely cautious, patient, tolerant, and measured thinking I need to protect my capital for the next 10 years.
Am I foolish or?