Postcards: Don't Stop Driving...

A car accident in the 1990s told me everything I need to know about trading. ͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­ Forwarded this email? [Subscribe here]() for more You are a free subscriber to Postcards from the Florida Republic. To upgrade to paid and receive the daily Republic Risk Letter, [subscribe here](. --------------------------------------------------------------- [Postcards: Don't Stop Driving...]( A car accident in the 1990s told me everything I need to know about trading. [Garrett {NAME}](floridarepublic) Jun 14 floridarepublic   [READ IN APP](   Market Update: Greetings from Nice, France, where the internet is spotty and the cheese is delightful. Consumer sentiment fell today, and that will likely grind us into some profit-taking over the next few weeks. Liquidity is still ample. My apologies to everyone for this email being sent late in the day… I couldn’t figure out my hotel WiFi to save my life, and now we’re settling in on jet lag. All 11 sectors are negative, and we’re red across the board. More than 7,000 stocks are negative today. Dear Fellow Expat: The song “Down With Disease” by Phish blasted out all four windows up Coastal Highway in Ocean City, Maryland. Sitting to my right was James, a guy who couldn’t be more proud to be Irish. In the back, three friends we met that week. In the song, Trey Anastacio sings… Waiting for the time when I can finally say This has all been wonderful but now I'm on my way But when I think it's time to leave it all behind I try to find a way to But there's nothing I can say To make it stop (Stop, stop, stop, stop) (Stop, stop, stop, stop) (Stop, stop, stop, stop) (Stop, stop, stop) And as… Stop stop stop stop went… James screamed, “Garrett! Stop the car!” I smashed into the back of a Toyota Corolla, bouncing between the start and go because of the car in front of them. And in a rare case of Garrett-style lawyering - at 18 years old - I convinced the cops that the person who was responsible for the accident was the two girls in the car in the front. They’d nearly run the people I hit off the road about two miles back - which I saw in my rearview mirror. Mom And Dad My parents weren’t thrilled to hear about this accident. I went back and talked to them about it. The damage to the Jeep was minimal (though I’d eventually flip that Jeep four years later and shockingly survived that accident unscathed.) My dad didn’t flinch. My mom didn’t either. They told me to get back in the car and go see my friends. Keep driving. And that was the funny part. When I did finally arrive to our destination, James and the boys were just arriving - having walked about three miles from the place of the accident to the final destination. Never Stop This is a tough market, and there will be losses. The most important thing is that you stay in the market. I still know people who didn’t buy into the equity market after 2008. They’re convinced the world will end and the market will crash. And they’ve left the possibility of millions on the table. Even though we’re in this red territory right now, there is much money to make. Just because the market is under pressure… and just because you may have taken a loss in the last few weeks, the market has an upward bias over the long term. Stay involved. Stay active. Never settle. Keep driving. Oh… and stay positive, Garrett {NAME} Secretary of France? Disclaimer Nothing in this email should be considered personalized financial advice. While we may answer your general customer questions, we are not licensed under securities laws to guide your investment situation. Do not consider any communication between you and Florida Republic employees as financial advice. Under company rules, editors and writers cannot recommend their positions. The communication in this letter is for information and educational purposes unless otherwise strictly worded as a recommendation. Model portfolios are tracked to showcase a variety of academic, fundamental, and technical tools, and insight is provided to help readers gain knowledge and experience. Readers should not trade if they cannot handle a loss and should not trade more than they can afford to lose. There are large amounts of risk in the equity markets. Consider consulting with a professional before making decisions with your money.   [Like]( [Comment]( [Restack](   © 2024 Garrett {NAME} 548 Market Street PMB 72296, San Francisco, CA 94104 [Unsubscribe]() [Get the app]( writing]()