Is It Time to Run for Cover?

Is It Time to Run for Cover?

During my lifetime of investing, I experimented with multiple types of investments and strategies.  But, when you near or enter retirement, your perspective changes.  Its like riding a motorcycle.  You need to assume you won’t get a second chance.  You can’t make a serious mistake.  No mulligans.

I am normally not very skittish with the day to day market trends and the disaster du jour.  But this business with Kim Jong-un and Donald Trump going on about annihilating each other has me worried.

I  feel like the South Korean gentleman that was interviewed on the news.  He felt most South Koreans could pretty much ignore Kim Jong-un because he is constantly crying wolf, making threats that don’t materialize.  They are not so confident / complacent about Donald Trump.  That does have them worried.

The 2 of them going at each other, having a pissing contest, trying to prove which one has the longest body parts by saber rattling is disquieting.  They do have access to the nuclear triggers.

Now assuming we don’t have World War III tomorrow, the stock market has had a prolonged bull run and is due, at the very least, for a correction.  Although it is a good rule not to try and predict the market, I can easily foresee how a tweet could spark a chain of events leading to a significant reversal of the market.

I can’t predict what will happen, but I am re-positioning a portion of my portfolio to hedge against the upcoming bullshit, whatever it may be.  Will that take a couple of weeks until Kim Jong-un’s mid August threat expires, or will that have to wait (3.5 or 7.5 years) until sanity is restored to the White House?

Time will tell.