Get ready for the worst 2-4 weeks in the market.. it’s coming so have that cash ready!! Cash is KING.. I’m not being party pooper just speaking the truth lol
We may be only down 19% but it will be 30% by the end of April. This is the time to be lightening up
I have heard that any Biz taking relief money will have to suspend Divys for at least one year as well as no buybacks. So if that’s the case these companies are in deep trinkets for a while. People are going to start to default on loans. These small business although ok over the next few months due the package the government set in place. Just wait until we get into months. It’s going to be very tough going forward. I feel bad for all these small businesses that won’t be able to survive.
Even when this all over. Everyone is still going to be practicing social distancing. There will be fewer people in restaurants, movie theaters will be dead, shopping area dead ect. Just because they tell us its ok to go out again doesn't mean it will be safe. And that is the scary part. This can come back at any time. All it takes is one to get infected again. I fear for my kids going back to school. A lot more fear will be setting in. This is far from over.
A lot of people don't have cash laying around. More selling will occur to free cash up for the families and emergency's. Think about it. Most people or families buy a fund of stock and leave it alone. Never to check on their investments until their statements come. They get out; not caring how much they lost but how much they still have left when were in desperate times. I just see a lot panic over the next few months. Sure we had panic already but more is to come. We are in a bear market, and in a bear market you have big rallies through out and lots a volatility. I also think we are headed into a recession.
So I do see a test of the lows again or even beyond that.
So where can you put your money in the meantime?? I don't know CD'S, Bonds, treasury bills, gold ??
We may be only down 19% but it will be 30% by the end of April. This is the time to be lightening up
I have heard that any Biz taking relief money will have to suspend Divys for at least one year as well as no buybacks. So if that’s the case these companies are in deep trinkets for a while. People are going to start to default on loans. These small business although ok over the next few months due the package the government set in place. Just wait until we get into months. It’s going to be very tough going forward. I feel bad for all these small businesses that won’t be able to survive.
Even when this all over. Everyone is still going to be practicing social distancing. There will be fewer people in restaurants, movie theaters will be dead, shopping area dead ect. Just because they tell us its ok to go out again doesn't mean it will be safe. And that is the scary part. This can come back at any time. All it takes is one to get infected again. I fear for my kids going back to school. A lot more fear will be setting in. This is far from over.
A lot of people don't have cash laying around. More selling will occur to free cash up for the families and emergency's. Think about it. Most people or families buy a fund of stock and leave it alone. Never to check on their investments until their statements come. They get out; not caring how much they lost but how much they still have left when were in desperate times. I just see a lot panic over the next few months. Sure we had panic already but more is to come. We are in a bear market, and in a bear market you have big rallies through out and lots a volatility. I also think we are headed into a recession.
So I do see a test of the lows again or even beyond that.
So where can you put your money in the meantime?? I don't know CD'S, Bonds, treasury bills, gold ??