Then no worry at all.
Each panic sells and recessions are great opportunities to get in high quality companies at lower prices.
You may be confused now by those crazy words.
But, it is really my feeling in the past week when I went to Orlando's Walter Disney World for a vacation.
What a wonderful entertainment !
I was really shocked by their high quality, top notch professional performances. It is just amazing ! The people lined up for more than 200 meters for just getting in one game play! A lot of people are willing to wait for more than 2 hours to get in a game play in the theme parks. Remember, the ticket is not cheap at all. This makes me wondering if there really is a recession now ?
When I am back home. I just checked the Disney stock price. It is a 800-bagger in ~ 40 years from 1969 until now.
Therefore, the key for investing is to find the GREAT company and grow your investment with the company. Moreover, you can earn more if you have a good understanding of the chart reading.
bokchoy, here is my comments with regard to your questions "What's your take on the finacials? I think it is ready to explode but what could be the catalyst, not sure. "
I think there are still some problems with finacials. However, the worst thing may be over. if the real estates stop the fall, even just stay flat, everything else may become much better.
Nevertheless, the chart has not shown a top yet. just stay tuned.
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