Today begins the time block of investor hysteria where everyone will have a great stock tip and will be telling all of their friends what to buy and how they themselves became a success. Meanwhile, the smart money is moving out of the market and into safer investments. While I expect the market to go up for another year, I expect to reduce my exposure over time. Anything above a 12%/year return is something you should take to the bank. Beyond that and you're playing with fire.
Just wanted to record the exact date for posterity.
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