On February 14th, I wrote a post called “Be In It to Win It!”
The post was inspired by the sharp decline in the stock market that we saw during the first week of February. Since then, the market has recovered nicely, and many stock prices are at or near their all-time highs.
Is the worst over? you may be asking. I don’t think so. At the very least, I expect at least one more significant drop in prices.
My advice for any new investors – or experienced ones, for that matter – is to get your shopping list together! Make a list of companies you want to partner with at lower prices, and then wait.
Buying shares on sale is a great way to build wealth over time! It requires just two attributes: 1) the ability to remain calm while others are panicking, and 2) the ability to remain patient while others become anxious
I hope you’ll be ready for the next stock sale…because it is coming!!!
My book, The Stock Market is For Everyone, is a short guide for the beginning, inexperienced investor that is easy to understand and can be put into action immediately.
Click here to be taken to its Amazon page.
(Disclosure: As a participant in the Amazon Services LLC Associates Program, I earn a small commission on each sale generated through these links.)