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Thursday, 7 July 2016

Much ado about Brexit

Brexit's come and passed, and it has been a disappointment. I had been sitting on my warchest for awhile now, as I was hoping for the market to drop on overreaction. Well, prices did drop on the first trading day, but I sat on my money, thinking that it would drop further. 

Cue the inevitable jump in prices the day after, and many days after that. While that allowed me to take some profits, I'm still more disappointed that I wasn't able to buy in more of the stocks on my watchlist. As the adage goes, "Time in the market, is more important than timing the market". 

I suck at timing the market. 

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