Ep.144 - Useful Bad Days
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Description
Bad days are not fun for any of us, especially bad days in the stock market. But what if we could use bad days to our advantage to improve our...
show moreThe Japanese carry trade imploded and caused Japan's stock market to have its worst day since 1987 (down 12.5%), which cascaded over the oceans, causing the US market to have a horrible open. Most importantly, the market didn't close lower than it opened, and if you were a buyer on this bad morning, you are happy you were brave. I'm saying this to you as much as I'm saying it to me: we all need to be reminded that most of the market's good days happen within two weeks of the worst.
Knowing this is not enough; you must have some cash on the sidelines to take advantage of market volatility. Strategies for raising cash are imperative to your portfolio's success, and we discuss them in this week's episode. I also discuss how I am starting to use AI to help with stock research.
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Author | L&L Podcast Group |
Organization | L&L Podcasts |
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