Buy and Hold Is Dead: How to Make Money and Control Risk in Any Market

Final Thoughts: Welcome to the Comfort Zone

This is the place where our investments are no longer heavy burdens on our lifestyle. Economic news no longer matters. Corporate scandals do not affect us, and the pundits who vocalize their opinions every day do not have the opportunity to influence our decisions. This is a place free from market-related stress, without emotional restraint or heavy ties. We are not dependent on the economy, the market, money managers, or financial institutions to secure our wealth.

Instead, we are independent, confident, and sure. Our direction is clear, but it is never one-sided. We are nimble, we have competitive advantages, and other people might consider us aggressive. However, we control our risk at all times, so if aggressive means risk control, that is what we are. We have conditioning models, building blocks, tools, and strategies we use every day, and we use them well. These further our objective. This is a lifestyle.

The comfort zone allows us to walk down the street with a smile on our face where others might not be able to. The burdens levied on the world are not a concern of ours anymore. Objectively, we can pursue the things in life that are truly important to us again, without worry.

The dynamic nature of the comfort zone welcomes everyone. We can all hope for the best, hope for recovery, and hope that a Greater Depression will never happen, but we are not affected by the outcome. Cash is an integral component. With restraint, we stare risk ...