Quantcast
3 Ways to Make Smart Investment Decisions in A Stupid Market | The Mesh Report

3 Ways to Make Smart Investment Decisions in A Stupid Market

Dividend Sensei June 24, 2020 Comments Off on 3 Ways to Make Smart Investment Decisions in A Stupid Market

We’re currently in a bubble and I’m hardly the only one who thinks so.

“If you’re a day trader and you can walk and chew gum, you are making money right now…

You’re doing the same thing they did in the late ’90s…You’re rolling it. You think everybody is a genius in a bull market…

Once we start to really have definitive data on the other side, people are going to sell on the news, and if I had to make a bet, that’s it…

I don’t think the market is truly understanding the challenges that we may be facing. ” – Mark Cuban

Mark Cuban isn’t just a brilliant entrepreneur, he’s also someone who sold Broadcast.com to Yahoo for $5.7 billion 10 months before the tech bubble burst.

How do I know we’re in a bubble? It’s not just that the S&P 500 has roared higher by 40% since the March lows or the fact that the Nasdaq is now at a record high.

(Source: Ycharts)

Rather its the rampant speculation that is going on all around us, exemplified by the “captain of the day traders” Dave Portnoy.

Continue Reading at Dividend Sensei



Comments are closed.