## Summary ## Notes The problem of emotions and not staying disciplined to an investing schedule that aligns with your capacities. Yes TQQQ in last Dec was optimal but I sold it in Jan due to volatility. That's why Warren Buffet says to be greedy when others are fearful. ## Highlights  > Stocks and bonds tend to beat cash roughly two out of every three years — offering significantly more wealth creation if you have the patience to ride out that volatility. Over the last 120 years, stocks have delivered 4-5% more return than cash per year; bonds have offered about 2%. In any given year, the return of the stock market can be +/- 20% (or more in rare cases) relative to this long run average. That’s part of the deal of investing and fundamentally why you get those attractive returns that help you build wealth over time. - Only put savings if necessary or if getting a home > The best portfolio is the one you will stick with. The new year is a great opportunity to reflect on what portfolio and strategy is right for you. If you’re in the right one, you should be comfortable staying invested through volatility like we have experienced recently. > If this year showed you that your risk tolerance is actually lower than you thought, you might be better off reducing the riskiness of your portfolio. - Sure TQQQ might be most optimal but I am not willing to take the risk. Pure VFV is good enough for me, with the 10% on custom