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PAST TOP PICK
(A Top Pick Apr 26/22, Down 31%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with LMT has gapped down thru our stop at $200. To remain disciplined, we recommend covering the position at this time.
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PAST TOP PICK
(A Top Pick Dec 28/21, Down 4.5%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with WMT has gapped down through our stop at $145. To remain disciplined, we recommend covering the position at this time. This will result in a net investment loss of 4%, when considering the previous buy recommendation.
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COMMENT
Volatility overblown? Realistically, the whole focus is on what's the Fed going to do. Are they going to overreact and plunge the economy into recession? He thinks highly unlikely. Even a hike to 3-5% would be historically low. Nor does he see a recession when there's a large demand for jobs. Some of the large investment houses are seeing modest growth, but not recession. Fed's learned a lot since high interest rates in 1990-91.
Unknown
COMMENT
Best way to handle the wild ride? Main thing is to have a strategy for dealing with volatility. Most investors have the standard 60% equities to 40% fixed income. Fixed income has been a disaster this year, as the bond market has been clobbered. He took his clients out of fixed income and bond ETFs two years ago and went to cash. Though it's annoying to sit in cash and not make any money, it's better than losing 2.5-5% in bonds or bond ETFs. It's about preparation, not stock-picking or chasing returns.
Unknown
COMMENT
Global ETF recommendation? If you're looking at a global ETF, remember that 60% of it's going to be US. For an Asian ETF, 52% is going to be Japan. People want diversification. To get decent global exposure, you're going to need to pick up a couple of ETFs, as just one can't do it all. One is XIN, which is mainly France, Germany, UK, and very little Far East. VA Vanguard Asia is primarily Japan, a good place to be, with exposure to other countries in Asia.
Unknown
BUY
If you're looking at a global ETF, remember that 60% of it's going to be US. For an Asian ETF, 52% is going to be Japan. People want diversification. To get decent global exposure, you're going to need to pick up a couple of ETFs, as just one can't do it all. One is XIN, which is mainly France, Germany, UK, and very little Far East.
E.T.F.'s
BUY
If you're looking at a global ETF, remember that 60% of it's going to be US. An Asian ETF, 52% is going to be Japan. People want diversification. To get decent global exposure, you're going to need to pick up a couple of ETFs, as just one can't do it all. VA is primarily Japan, a good place to be, with exposure to other countries in Asia.
E.T.F.'s