(March 2020 Reloaded?)
We all know that Mr. Stock Market has mood swings all the time. Sometimes its happy pushing stocks higher, and sometimes it gets scared, bloodying the whole market.
So how should we navigate the whims and fancies of Mr. Money Market. Why is Mr. Money Market doing what it is doing.
Why is this happening?
Mr. Money Market thinks that inflation is coming, which simply means peoples’ bread and jam will cost more, so Mr. Money Market will have less money deposited by the people into the market.
Now whenever Mr. Money Market gets scared, it starts panicking, well hedge funds panic and start taking profit as they influence Mr. Money Market. Now common people see the stocks falling, which causes even more panic and everybody starts selling.
What am I doing?
Before I even tell you my opinion, I want to share this quote by Warren Buffett, “Be greedy when people are fearful and be fearful when people are greedy”.
Guess what? People are fearful, so its time to be …
I am holding my shares, and finding opportunities in stocks like TSLA, NIO, GHVI, SQ and ENPH. They are down quite a bit. So it is a buying opportunity.
