Archive for August 2022
What a difference a month can make! At the end of June, the stock market gave us discounts of between 20% to 30% (depending on indexes.) That made the first half of 2022 the worst six months of the stock market since 1970. Many investors were panicky! I, on the other hand, called it a good opportunity to acquire assets on the cheap.
What a difference one month can make! All through July, the market went up and up despite much bad news like we are now technically in a recession. Now that the month is over, stocks are between 7.5% to 10% more expensive (depending on indexes.) Happy now?
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The Investment Scientist 