Wednesday, August 26, 2015

Trump's Advice is Spot in Regards to the Stock Market Correction. Hold

Yeah sometimes Trump does say something that is not offensive or idiotic.

Donald Trump offered his advice Monday for investors taking a pounding in this week’s market tumble : Don’t sell.

“You’re better off holding,” the former reality show host, real estate scion, and Republican presidential candidate told the New York Times , citing the historical behavior of a crashing market to surge back, allowing those who wait out the storm to avoid losses in the long run.

“I’d hate to see it come back and they end up with the short end of both deals,” he said.
If you have cash wait for the smoke to clear and check if the stock has lots of China exposure and if not then you get to buy it at a discount. 

No comments: