Amid market panic, smart money is thinking long term: Mark Wiseman

The smart money isn’t panicking amid the turmoil roiling global markets. With a 30-to-40-year mindset, it’s remaining disciplined while looking for long-term buying opportunities.

If you stand close, he said, you can see the violent downward swings brought on by the Great Depression, 9/11 and the global financial crisis. Take two or three steps back, those moments are no longer noticeable. All he can see is an upward curve. Institutions likely won’t be selling off equities as some panicked retail investors have done, Wiseman said. Instead, they’ll constantly look for the opportunity to rebalance their portfolios.

“During the financial crisis, the commitment to maintaining the levels caused them to buy and sell on the way up,” Wiseman said.

It's going to be a great time to buy stocks after the masses are tired of the fear-mongering the Legacy Media is slamming on them. Then the Legacy Media can go back to watch a race baiting or climate change

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

A business-as-usual approach is most needed amid trying times such as coronavirus‘I ain’t playing if I ain’t got the fans in the crowd,’ LeBron James said Saturday. ‘If I show up to an arena and there ain’t no fans in there, I ain’t playing. They can do what they want to do’ Globe_Sports Yep, put one’s head in the sand and pretend this is not happening? Globe_Sports every infected countries and cities are cancelling large gathering event, they are not stupid. whoever ignores this risk will pay the price eventually, it's simple logic and common sense. unfortunately many Canadian officials is way behind the curve.
Herkunft: globeandmail - 🏆 5. / 92 Weiterlesen »