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I’m continually amazed at the witty, insightful — and potentially profitable — ideas being posted on my blog … especially in reaction to yesterday’s question:
What would it take for you to
FEEL GOOD about investing in stocks again?
Bob says: “We need a major correction of 15% or more.”
OK, Bob, I wouldn’t argue with buying them at cheaper prices, but I want you to know that I AM finding some select stocks that attractive even at today’s levels!
Jim, meanwhile, is among those who won’t feel comfortable jumping into the stock market — until all levels of government find a way to undo the fiscal messes they’ve created.
My view: There’s no doubt that fiscal irresponsibility is a MAJOR problem. But key sectors of the stock market can also climb a wall of worry, meaning some of the biggest gains can occur before allthe problems are solved.
And if you’re like ESG, it can be sheer torture just waiting and watching for the perfect entry point. He writes: “It’s killing me watching the market rise while I sit on the sideline with half the position I had last year.”
Don’t get me wrong. I hate taking big risks as much as anyone. But …
Is there way to take part in this rally WITHOUT worrying
that a sudden crash would wipe you out?
Check your inbox on Sunday morning for my answer.
Best wishes,
Nilus
