Stocks Have Their Worst Week Since 2008: A Macro Outlook
Welcome, guys! Thanks for checking out my content. I hope this content gives you a good outlook as an investor, so you can attack these markets and be successful with your finances.
The first point in this video that I touch on is the American stock indexes; the S&P 500, Dow Jones, and the Nasdaq 100. It's important to note that these indexes have had their worst week since the downturn in 2008. This doesn't mean that the market is crashing tomorrow, but the volatility taking place shows that we are on shaky grounds. If you are an index investor, this may be an opportunity for you to hedge your bets and take a short position once markets roll over, so you don't have to experience a 30-50% decline in your portfolio. If you are a value investor who is out in the market selecting companies, the market conditions are irrelevant as you are focused on buying specific companies. Let's say you have high hopes for the Cannabis industry. You could be out buying companies who's price movements are nothing like the S&P 500. It's important to recognize everyone's situation is different.
The next asset class I talk about is precious metals, specifically gold and silver. Gold and silver are awesome long term tools to preserve wealth. With that being said, they are not a get rich quick buy. Expect gold and silver to move lower or sideways for as long as 20 years. These are definitely not assets to park all of your money in, unless you are fleeing the county (lol).
Then I quickly touch on Bitcoin. I think Bitcoin is in a consolidation phase right now. Meaning, it will likely move sideways and lower for the next year or so, maybe a little less. If you care at all about cryptos and believe in the technology, now would be the time to get in and start accumulating. I'm not saying they are going to go up a crazy amount in a short amount of time, but if you are looking for value in the market, there is value in the crypto market.
I hope this short 10 minute video was a good quick overview for you. If you have any constructive criticisms, please send a comment my way.
I wish you all wisdom out there when dealing with your investments and finances. We collectively need to take responsibility over our finances and take this wealth gap head on.
Thanks for reading, and thanks for watching.
The first point in this video that I touch on is the American stock indexes; the S&P 500, Dow Jones, and the Nasdaq 100. It's important to note that these indexes have had their worst week since the downturn in 2008. This doesn't mean that the market is crashing tomorrow, but the volatility taking place shows that we are on shaky grounds. If you are an index investor, this may be an opportunity for you to hedge your bets and take a short position once markets roll over, so you don't have to experience a 30-50% decline in your portfolio. If you are a value investor who is out in the market selecting companies, the market conditions are irrelevant as you are focused on buying specific companies. Let's say you have high hopes for the Cannabis industry. You could be out buying companies who's price movements are nothing like the S&P 500. It's important to recognize everyone's situation is different.
The next asset class I talk about is precious metals, specifically gold and silver. Gold and silver are awesome long term tools to preserve wealth. With that being said, they are not a get rich quick buy. Expect gold and silver to move lower or sideways for as long as 20 years. These are definitely not assets to park all of your money in, unless you are fleeing the county (lol).
Then I quickly touch on Bitcoin. I think Bitcoin is in a consolidation phase right now. Meaning, it will likely move sideways and lower for the next year or so, maybe a little less. If you care at all about cryptos and believe in the technology, now would be the time to get in and start accumulating. I'm not saying they are going to go up a crazy amount in a short amount of time, but if you are looking for value in the market, there is value in the crypto market.
I hope this short 10 minute video was a good quick overview for you. If you have any constructive criticisms, please send a comment my way.
I wish you all wisdom out there when dealing with your investments and finances. We collectively need to take responsibility over our finances and take this wealth gap head on.
Thanks for reading, and thanks for watching.
