Wilsonfusion
09-11

$Berkshire Hathaway(BRK.B)$  

As mentioned previous posts, it has then retrace down 5% since high to around $459 from $484.

It is a good time to adding little and slowly.

Being consistent and doing nothing can be tough. Yes you heard that right. If you are struggling investors, you would understand. (doing nothing is a crucial skillset to succeed) 

To make it simple, 

Market is still pricing recession and remain cautious. 

Total of 6.3T money still on the sidelines due to fear. 

Market still watching inflation closely & rate cut confirmation by powell this month. 

Well, its good for long term investor. Slowly add good company. Personally i am doing nothing much except doing short term covered call to slowly add $BRKB. 

Although tech stocks such as $GOOGL $AMZN looks attractive, i will stick to my principal for now. 

Be prepared for more volatility this month.


Pricing Recession? Which Defensive Stocks Do You Pick?
Tech stocks led the decline on Tuesday, with the Nasdaq dropping more than 3%. Manufacturing activity in the U.S. contracted for the fifth consecutive month in August, with orders and production indicators accelerating their decline. Lower than expected manufacturing data raised concerns among investors about a potential recession in the U.S. economy. However, consumer staples surged, with KO, Pepsi, and PG rising around 2%. Do you have consumer staples in your portfolio? Which one do you favor?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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