A few days ago it sounded like there may be a world war 3 happening and so a lot of people were in fear to prepare for the worst financially. Selling investments, buying supplies, etc. But what was interesting today was how the US announced that there has been a ceasefire deal from Iran and Israel which is a complete shocker if true. Imagine if this war does end and you were someone who re-adjusted all your finances for a war. Would you regret it?
You can argue that if a full-blown war did happen then the person that did all the preparing right away would e better off. But this is an example like why I mentioned before it’s best to just be consistent and have your backups in case of an unforeseen event which means diversifying your finance and having say resources stored. You obviously may not be as prepared as someone who goes all in at the last minute, but like in this example we just can’t predict exactly what will happen.
Let’s see if this sticks though. But for me, it’s just another day.