I feel like the recent influx of "hot" IPOs means the market will take a break soon as the new supply needs to be digested and sideline cash needs to be refreshed.
Hi Salem & Stocktrader, With the war going on between Iran & Israel. Just wondering if I should move my retirement investment from aggressive fund to safe fund?
Usually events like these don't affect the market too severely and often presents the buying opportunity much needed in a persistent bull market. It all comes down to whether consumers or businesses will pull back spending given the Middle East events and it seems unlikely to make much of an impact for now.
10 comments:
Hi Stocktrader,
Bought SHOP @ $151.71 in Toronto
Saleem
Hi Saleem,
Good luck with UBER and SHOP!
Stocktrader
Hi Simon,
Nice day for FATN and good to trim a little when you can! We let the rest run and see what happens next :)
Stocktrader
Hi Saleem,
I feel like the recent influx of "hot" IPOs means the market will take a break soon as the new supply needs to be digested and sideline cash needs to be refreshed.
Stocktrader
Thank you Stocktrader for your new ideas.
Simon
Hi Salem & Stocktrader,
With the war going on between Iran & Israel. Just wondering if I should move my retirement investment from aggressive fund to safe fund?
Simon
Hi Simon,
Never " overreact to any event " see how it plays out for couple of days then make a decision based on escalation or containment.....
My 2 cents....
Saleem
Hi Salem,
Thank you for your 2 cents sir! Much appreciated :-)
Simon
Hi Simon,
Usually events like these don't affect the market too severely and often presents the buying opportunity much needed in a persistent bull market. It all comes down to whether consumers or businesses will pull back spending given the Middle East events and it seems unlikely to make much of an impact for now.
Stocktrader
Hi Stocktrader,
Thank you for your valuable explanation. I am still learning. Much appreciated from you and Salem!🙏
Simon
Post a Comment