Stocks are down a lot of right now and will go back up when ...
Stocks are down a lot of right now and will go back up when the economy is better. Does that mean we should just buy high-growth tech stocks
My quick thoughts on the subject:
Stocks are down due to recession headlines and higher interest rates
Eventually stocks should go back up when the economy gets better
Since high-growth tech stocks are the ones that are getting hit the hardest in this bear market, that means they'll also gain the most when the market recovers.
I think I'll get higher returns if I get these high-growth tech stocks at a lower price, be patient for them to recover, and they'll give larger returns compared to other investments $SPDR S&P 500 ETF(SPY.US$ $S&P 500 Index(.SPX.US$ $Invesco QQQ Trust(QQQ.US$ $Nasdaq Composite Index(.IXIC.US$ $Dow Jones Industrial Average(.DJI.US$ $Tesla(TSLA.US$ $Apple(AAPL.US$
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bwjx : Depends on your risk appetite and investment horizon. Just because it went down 70 to 80% means it is the bottom, it can go another leg lower. You would also want to buy companies that have strong moat and able to survive a downturn and not companies that talks big but don't deliver results or have bad management practices as they will never recover.
Aurelian : probably a good day to add to shorts.
moom livesOP Aurelian: I feel the optimism
moom livesOP bwjx: Thank you for explaining