but short term, the market is set for overall good news... yes?
Well, here’s my $0.02. I’ve been a long-term buy and hold investor for forty years, and have been reasonably successful. I do almost no “trading.” Right now, I’m looking to sell some equities. In the fall of 2015, I was buying some Big Oil. It’s beginning to pay off now.
I suggest a lot of the good news is already priced into the market - tax cut, good earnings, etc.
Here’s what one of the world’s richest men advised.
“Buy when everyone else is selling and hold until everyone else is buying. That’s not just a catchy slogan. It’s the very essence of successful investing.”
-J. Paul Getty
so far i am looking closely at two stocks: BCO (brinks) and GE (general electric).
these are more or less place holders while i try to find some more rational choices (lol).
The time to be buying was 2009 to 2016. Buy low sell high. That applies to everything. I keep 25% cash. 50% stock funds. 25% real estate.