A Red Market, What To Do?
The market has become very frothy. In May, June, and July every day was green, it was just a question of “how green”.
Lately we have had more red days sprinkled in, with valuations at nose bleed levels this could be a bad sign.
I’ve moved 90% of my stock investments into defensive stocks (Kraft, Conagra, TAP, etc.). Long term wealth creation in the market isn’t just about big green days , it’s equally about avoiding big losses.
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A Red Market, What To Do?
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