So which way is up is something that a lot of investors are wondering now a days. This year alone the market in the US has gone down a record 40% with record 10 year lows on some investment grade stocks. The market is jumping up and down more randomly then a kid learning to us a pogo stick for the first time with a great potential for many investors to land flat on their face. The trick from what I am told and what I have read is to know when the bottom has arrived and when it’s time to get in on these 10 year lows.
That old saying “one man’s misery is another man’s fortune” was born out of chaotic times like these. It’s the people that have not only the knowledge but the stomach to ride out crazy market times like these that’s when they make the really big money and quickly. For example today in the US stock market we are about an hour from closing time as I write this and the market is up over 8% for one day! Now that is the market as a whole if you look at some grade A investment stocks you would have seen some quality stocks that were driven down to 10 year lows merely by association in a down swing market. If you had money to invest in those grade A stocks at the start of today you would have made a killing for one day.
It’s A Gamble No Doubt
Now that is just a general scenario that I mentioned there but don’t you know that, that scenario was absolutely played out today and there are hundreds if not thousands of people that have made a lot of money. Money that was made off of the misery of the last 7 days steady drops in the market. That’s the point of investing though isn’t it? Being able to see the golden opportunities even when market seems to be at it’s darkest. Now I am not claiming to be some investment wizard by no means. I do however understand through my own personal experiences that even when things around you seem to be at it’s darkest. Some where out there in the middle of the chaos is an opportunity to change the whole game. It’s just a question of keeping your eyes open to all possibilities because you never know how the next challenge that comes up will present a golden opportunity.
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