When people look at charts like these, I wonder what they see?
Sure, I see a drop in confidence … Blind Freddy can see the panic in the market right now.
But, I see something FAR more important:
One of characteristics of rich people is that they are Optimistic … the richer they are, in general, the more optimistic they are.
As the chart shows, they have their ups and downs … overall, though, they are always more optimistic than others and their highs are higher!
You see, Rich people are used to buying low and selling high … right now, optimism across the board has dipped …
BUT, I guarantee you this:
The Rich are now thinking about buying whilst the rest are still thinking about selling ... I’m out there looking for bargains right now!
What are you doing?