It seems alot of people have forgotten that there is a predictable business cycle for all of the world's modern economies. The above is a good graphic from Fidelity's website which illustrates which stocks will perform well at different points of the business and economic cycle. Read carefully. Don't listen to those "gurus" who are telling you to "wait for the bottom." Where were they last October? With some good information and common sense you can outperform the herd mentality which right now is in a state of panic.
Note: The above information is not intended as specific investment advice for any particular person or portfolio. For a decision to buy, sell, or hold, you must consult your own financial advisor.
No comments:
Post a Comment