I know it’s scary out there. Yesterday’s sell off was absolutely epic. The CNBC talking heads are talking about government defaults, europe exploding, another Great Recession, etc. There’s blood in the streets.
So sit back, take a deep breath, go read this excellent post at over at frankly speaking, and then start reviewing your portfolio. Have any of your stocks been absolutely crushed on no news??? Is your thesis intact??? Has the intrinsic value of the company changed??? Maybe it’s time to think about upping your positions.
Markets are volatile…. the smart investor takes advantage of that. When everyone else is selling, it’s a great time to be a buyer. Take advantage of this pull back. Now’s the time to go out and build your wealth.
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The content contained in this blog represents only the opinions of its author(s). I may hold long or short positions in securities mentioned in the blog. In no way should anything on this website be considered investment advice and should never be relied on in making an investment decision. Read that last line again. Also, this blog is not a solicitation of business. The content herein is intended solely for the entertainment of the reader and the author(s).
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It’s summer sale. Bought even more stock than I had planned. My wife calls it retail fever.