Although the expected market decline did not materialized today, I am still waiting for stock market dips to occur in order to build a portfolio of long stocks. One option is to buy good dividend paying stocks that have also risen significantly in value since 2009 bottom. My other option is to consider stocks that are at all time highs which are significantly above 07/08 highs. Both options have demonstrated the capability to succeed despite tough economic conditions, which I expect to continue for a couple more years.
In the meantime, I will continue to look for opportunities to short stocks of weak companies in anticipation of the (eventual) market decline.
For more on Strategies and Plans, check back every Monday for a new segment.
This is not financial advice. Please consult a professional advisor.
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November Goals Update
1 week ago
2 comments:
If the market dip wil remain same for couple more years then what will happen the world and where we will go ? In such ways development will slow and poorness will increase.
It's only a matter of time.
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