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I’m all at sea with 100% cash
满仓现金,我却一片茫然

Every investment seems risky in 2026 — but paddle on we must
2026年里,每一笔投资都显得风险重重——但我们仍须继续破浪前行。

Akin to selling all of my equity funds in October, the plan was to achieve a sense of closure after an emotional year of downs and ups. Readers may remember that my father carked it — as we say in Australia — at the end of January. He always told me I had to scatter his ashes at sea.

就像我在10月份卖掉所有股票型基金一样,这个计划是为了在情绪起伏的一年后获得某种了断。读者也许还记得,我父亲在1月底“走了”——用澳大利亚人的说法是carked it——他一直叮嘱我,要把他的骨灰撒向大海。

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