Like many others, I believe the “recession” fears are politically driven and not based in financial reasoning. That said, I have a reserve of cash that I am looking to leverage when the fear forecasters drive the non-educated from the market. If history repeats, I am looking at making a quick 10 - 15% with that reserve account. Although it may sound mean, one must take advantage of the hysteria spin and the less financially knowledgeable in situations like this.
|