I appreciate that this column is written primarily for American audiences, but I wish there could be a few comments about how Umair perceives the situation for Europe, Canada, and other regions.
It was okay to go in last week IF you are a very experienced investor and can afford high risk for some rewards in some very specific sectors (which turned out to be a respectable 10-20%-ish gain). He specifically said that most people should not be in the market. This week the risk became even higher because of the blockade, and he said exactly the same thing - you can gamble on being in the market in those very specific sectors IF you are experienced and can afford the losses, which is not appropriate for most investors. You can stay in the market if you want to, but keep a close eye on it and be ready to bail. Your money, your call.
I appreciate that this column is written primarily for American audiences, but I wish there could be a few comments about how Umair perceives the situation for Europe, Canada, and other regions.
🙇♂️ And what happens to world currencies? I already know what will happen to the US Dollar.
Ok, so last week it was ok to get back into the market, but now we should get back out?
It was okay to go in last week IF you are a very experienced investor and can afford high risk for some rewards in some very specific sectors (which turned out to be a respectable 10-20%-ish gain). He specifically said that most people should not be in the market. This week the risk became even higher because of the blockade, and he said exactly the same thing - you can gamble on being in the market in those very specific sectors IF you are experienced and can afford the losses, which is not appropriate for most investors. You can stay in the market if you want to, but keep a close eye on it and be ready to bail. Your money, your call.