iBankCoin

You Have to Stop Being Bearish

All my life I’ve been talking about stocks to people and for that entire time I got pushback from people who always said “it was too late”, “that stock is too expensive”, “the market is going to crash.”

SHUT THE FUCK UP.

Your industry experiences does not equate to an ability to make good decisions. Also, your anecdotal experiences in the shithole you reside in isn’t representative of the global economy. This isn’t limited to your neighborhood, but also your mental state and/or associations.

There is no bear market. We are teeming and brimming with bullish exuberance, buttressed by better than expected corporate earnings and supported by the backdrop and specter of cheaper credit.

Bear markets aren’t by surprise and often telegraph themselves in advance, leaves hints of disrepair or warnings regarding financial instruments gone awry.

The best time to buy a stock is right now and the best stocks to own, historically, are stocks at record highs about to make fresh records.

Off to tennis.

If you enjoy the content at iBankCoin, please follow us on Twitter

Leave a Reply

Your email address will not be published. Required fields are marked *