Wolf Money(Market volatility and encouragement)
https://www.google.com.sg/amp/s/www.piplum.com/crypto-quotes/funny-crypto-quotes/%3famp=1
I thought I could drop in a few lines on the current market situation. For the past month or so, almost all assets experience some degree of crash or correction except for USD. Bond,stocks,gold and crypto all experience some degree of correction.
The selling had spread to quality blue chip stock like Apple and Amazon due to the very fact the world is more connected financially than ever. Some multi assets fund might be facing margin call and redemption from investors. In order to cover the shortfall, some funds are force to sell the good asset to cover the financial black hole in other asset class. That also explain why some good companies even they are not related to any negative issues surrounding the world economy face selling pressure.
The key reason to the current selling was due to Fed policy missteps. With the withdrawal of 2T in cheap money, those growth stock(crypto included) floating on thin air look suspicious in term of valuation thus the big fall. I will be observing and sit out of the market for a while before reassessing the situation for any good buy.
If you have lost money in whatever asset you owned, please take a moment to calm yourself down. There are more important things in life than just financial assets. Like anything else what don’t kill you make you stronger. God Bless.
Please follow us on telegram for the latest update on Lone Wolf investor by clicking on the link below
https://t.me/joinchat/oCgkD3sQFRMzMWM1
Disclaimers
All investments is highly speculative in nature and involves substantial risk of loss. We encourage our reader to invest very carefully. We also encourage reader to get personal advice from your professional investment advisor and to make independent investigations before acting on information that we publish. Much of our information is derived directly from information published by companies or submitted to governmental agencies on which we believe are reliable but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way whatsoever warrant or guarantee the success of any action you take in reliance on our statements. All information provided are for education only. Buyer beware,do you own due diligence.
Comments
Post a Comment