Good morning all and happy Monday. So I awoke to an alert on my phone this morning that the government shutdown is nearing an end here in the US. As I’m not much of a news guy, that was all I needed to see before jumping over to look at “My Stock Portfolio” app to see the immediate impact. With the market set to open in about 30 minutes, the premarket was all in the Green as expected. Once the shutdown ends, the economy starts to right itself again as they anticipate stock futures to rise.
What does that mean for us investors? While stock prices have dropped steadily over the past several weeks….that was probably the best time to buy. But there aren’t many bad times to buy either. Take a look at your portfolio like I do all time. Look at what investments you have made that are already in the green. See where their 52 week range is lingering this morning. Is that range sitting in the middle of the 52 weeks or possibly on the lower end. Does the chart show a positive growth curve despite the dip that last several weeks? Lots of things to consider but you may just want to find places to add. For the record, this is a strategy I follow all the time, not just during a total market dip.
As always, do your due diligence. But invest today for your future whether near or far.
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