@Porwest
more from that month
I am beginning to see the pullback in the stock market I have been anticipating for some time. The stars are all aligning, so to speak. I mean, at some point inflation is going to start impacting things like discretionary spending, and even non-discretionary spending at some point, hitting bottom lines. Fed pressures, conflicts in Ukraine and Canada, and an ongoing supply chain crisis simply do not support a strong stock market right now. It has been for the past year and a half that I have shifted to a lot of cash with my current allocations being about 40% stocks, 58% cash, and 2% crypto. I continue to believe this was a good move.
10 comments
It was a good move indeed! You divided you're assets really well
Damn the wars, their effects are that they make me angry, not because of the loss of cryptocurrencies, but why there are conflicts and wars, can we live in peace, I am angry American, by the way you are good with expectations
The whole market just on reds. Most of which due to the Russia and Ukraine crisis.
Russia and Ukraine is a strong back drop. But there are more things than that that will begin to have an impact on the markets.
Some one told me that the news doesn't affect the market, I was like WTF!! And he stood his grounds so well, I just knew he was gone🤣
Yeah. News definitely impacts the markets. No doubt about it.
That guy needs some hungry packs of badgers , hope you don't mind me asking, you've got any?
Unfortunately I do not. lol
Darn it!
That sounds great, and you're interested in stocks