For those that are following, Stocks, money, etc. Remember this sell off is healthy, and should stabilize as many of the stocks are at their 200 day moving average. This is a good time to start a small position...."a small position". Next few months will be volatile. Be cautious on Tech stocks, they may go lower. If you don't have a position in some of these good ones, dip your toes in slowly. The sale is here! Buy smart and don't get greedy. Many out there are scared of a big recession. (IMO not a thing.) If you lived thru the 70's and the inflation then, this is nothing like that. September will bring different sentiment, as Fed will start cutting rates. (I'd be very surprised, if they don't)
1968AlaskanSourdough
For those that are following, Stocks, money, etc. Remember this sell off is healthy, and should stabilize as many of the stocks are at their 200 day moving average. This is a good time to start a small position...."a small position". Next few months will be volatile. Be cautious on Tech stocks, they may go lower. If you don't have a position in some of these good ones, dip your toes in slowly. The sale is here! Buy smart and don't get greedy. Many out there are scared of a big recession. (IMO not a thing.) If you lived thru the 70's and the inflation then, this is nothing like that. September will bring different sentiment, as Fed will start cutting rates. (I'd be very surprised, if they don't)
1 year ago | [YT] | 2