koolgal
2022-09-01

With the US markets closing down for 4 consecutive days, it looks like September is on track to be the worst month of the year.

Ever since Jerome Powell's hawkish speech last Friday at Jackson Hole, the stocks markets have cratered as investors are bracing for aggressive rising interest rates.  It is almost certain that 0.75 rate interest rate increase is on the cards this September.

How would I trade?  It is business as usual for me.  I am simply dollar cost averaging my favourite ETFs like $SPDR Portfolio S&P 500 ETF(SPLG)$ and $SPDR Portfolio S&P 500 Value ETF(SPYV)$ as my time horizon is long.  I stand ready to deploy my warchest to buy quality stocks like $Apple(AAPL)$$Microsoft(MSFT)$which may be trading at a big discount to their intrinsic value.

That's what Warren Buffett would do.  Buy when there is Fear in the market and reap the rewards long term. 

@Tiger_chat@TigerStars@MillionaireTiger

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Comments

  • Benly8
    2022-09-01
    Benly8
    Time to pick some cherries again! Market weakness always gives investore great opportunitues
    • koolgal
      I love cherries and it is a great time to go cherry hunting.
    • koolgal
      I really like your metaphor with the cherries. 😍😍😍🍒🍒🍒
    • koolgal
      Yes the cherries are hanging really low and so very ripe for our pickings.
    • koolgal
      Well said.
    • koolgal
      Thanks for sharing your insights and knowledge
  • Asphen
    2022-09-01
    Asphen
    looks so indeed
  • andy1967
    2022-09-01
    andy1967
    Agree more downside especially growth stock. Avoid for long.
    • koolgal
      Thanks for sharing your insights and knowledge
    • koolgal
      Best of luck🍀🍀🍀
  • pehpeh
    2022-09-02
    pehpeh
    thank so much
  • 這次BBQliao_鹹煎餅了
    2022-09-02
    這次BBQliao_鹹煎餅了
    ...thanks
  • Siakhwang
    2022-09-01
    Siakhwang
    Thanks for sharing
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