Forget global crisis, thats over thinking. but.... yes one would expect a correction next 3-18 mths of probably 20% plus as markets historically high, overpriced, and the US is on thd longest bull run in history. So I recommend this - 25-50% cash now - build cash - double down yr good stocks when that correction comes
Thats what ive done atm but i still bought into nearmap and doubled it recently as such a believer its a good stock to own
But I have cash ready to double all my stocjs
Thats a great strategy right now but never wait on owning great stocks because your thinking you're celver enough to time the market
Buffett isnt, so nobody is.
If theres a stock you dont have that you think you should buy half your intended now and half later. One thing ive learnt: once you identify a stock you should have long term buy it immediately no matter the cost. If it so happdns to be very expensive simply buy half your intended and the other half if it falls a lot, or increases a lot!!
APT Price at posting:
$20.50 Sentiment: Buy Disclosure: Held
