What the Fire?
There is always a fire going on in the world. And this leads to a fire in the stock markets.
The causes of the Fire this time were –
• Russia-Ukraine War
• China Property Crisis and Geopolitical Aggression
• Interest Rate Hikes
• Prediction of a Recession and Stagflation
The fire caused the markets to correct and be on sale. However, you don’t get fire sale prices unless there is a fire.
Waiting for the fire to subside means waiting for things to settle. And this means missing out on the fire sale prices.
Did you take advantage of the fire sale prices or are you still waiting for the fire to subside?
I would love to hear from you.