Mostly all economy indicators all pointing down. Going forwards economy will be turning bad again. It reminds me of year 2008 where equity market coming down for slightly more than a year long bottom up in early 2009. I think equity market will keep going down for a while. So, I prefer sitting at the sideline watching while accumulating cash for crazy shopping spree when market become dirt cheap!!!
You are right.
ReplyDeleteThere are many fundamentally good companies out there way at a discount.
Which one? Hahahaha...do your own research.
I can still remember how disappointment it can be when the markets can drop to the level I cannot imagine. That's terrify. I feel still have some ways to go.
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