User 5682

Why I Bought the Ultrashort Financial Sector ETF

I haven't yet come to a decision on the financial sector per se. But in general, remeber that stocks anticipate the future and that when crisis dominates the investment case, the time to buy is while the crisis is still present. So whenever the time to buy occurs -- now, next month, six months, next year, whenever -- you can be sure the day-to-day news will still be bad. So your task is not to assess today's news. Instead, determine whether the news is likely to be better a year from now.