Crash 2018

Only a month ago I said that I was negative for 2018 and I told you why.

>> See Here <<

Now we have a crash across all stock markets. It was to be expected. Too much uncertainty exists in the global arena, and too much wealth concentrated in a few hands. Plus we have not had structurally meaningful reforms to economies. All that happened post the GFC was bail outs and doubling down. Inefficiency and incompetence was rewarded.

For the value investor, right now is a golden opportunity. Have you been a frugal investor and kept your cash in the bank? Yes? The next few weeks is the time to venture out and begin looking for bargains. Study my portfolio from the following site;

http://www.siliconinvestor.com/portfolio.aspx?fid=521

My suggestion is to look for companies that everyone else thinks are too boring for words. If your neighbours have never heard of them, then maybe that's a good thing and you should check them out - the company that is, not your neighbours.

[Update @ 03/04/2019 - this portfolio is still ahead 28% despite the 2020 COVID-19 Crisis. That's testament to conservative investment strategy. The real crash wasn't 2018, but 2020, but with my strategy it doesn't matter ]