How Are You Investing In This Recession?

  1. First off, if you are sitting on cash and looking to buy these dips in an aggressive way, I would hold off and not do that. You really need to proceed with caution. Something that “looks” cheap, isn’t a signal to buy.
  2. Don’t get caught up in aggressively shorting this market, because if you aren’t following it closely to begin with, you may be right in “what” you are shorting but not “when” you are shorting and you may not be able to bare sitting on a temporary loss which could take some time to turn into a gain. You are better off starting on a play account first, with play money, or starting off with little money you don’t care to lose.
  3. Don’t think that sitting on cash is not doing anything. Not making a move is a move and we need to be reminded of that.

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Wassim Kanaan (The Kanaan Report)

Wassim Kanaan (The Kanaan Report)

Passionate about financial education, markets and life optimization.