rhktrade
2022-07-03
Diversification

//@koolgal: With the headwinds of high inflation, rising interest rates, the Ukrainian war, high oil prices, supply chain disruption, it is very likely the 2nd half of 2022 will be more brutal than the 1st half.  US stocks will continue on its downward trend and recession is imminent. However not all stocks are doom and gloom.  Consumer Staples, Healthcare are non cyclical and will be less affected than the Consumer Discretionary, Growth stocks.   Commodities stocks like Energy and Agriculture will continue to do well due to high demand and insufficient supply. My strategy is to stay invested with a focus on diversification and dollar cost average into plain vanilla ETFs like $SPDR Portfolio S&P 500 ETF(SPLG)$ and $STI ETF(ES3.SI)$ .   It is also an excellent time to bargain hunt quality stocks like Apple and Microsoft too as they will continue to grow exponentially in the long term. @Mainstreet_Trades @TigerStars@CaptainTiger

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.

Comments

  • Jenjorjack
    2022-07-03
    Jenjorjack
    May have many dips ahead so if u start a buying program make sure it is a long enough one
  • DonnaMay
    2022-07-04
    DonnaMay
    Thanks for your excellent post.
  • Thalos
    2022-07-03
    Thalos
    I hope growth stocks will return soon
  • SirBahamut
    2022-07-03
    SirBahamut
    Average down good stocks
  • TKPK
    2022-07-03
    TKPK
    be prepared for the storm ahead [Sad]
  • rhktrade
    2022-07-05
    rhktrade
    thanks
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