Stock Recovery
Hello Terry,
I normally invest in stock mutual funds, all cash now but wondering when i do get back into equity mutual funds , what category of funds will recover fastest & which category to avoid ? Thx Terry
Terry Says
Honestly, I don’t know the answer to that question. Today, the market rallied over 11% –and we don’t have a deal yet! So while I know some stocks have moved sharply higher — companies that are actually benefiting from the shutdown (think Netflix, UPS, FEDEX, etc) I will never know the optimum time to get in. That’s why I didn’t sell everything in the first place.
This could be just a nice bounce, and we could test the lows — or even make lower lows. That’s what I think is going to happen. But I could be wrong!
