No stock picks today – suggest everyone monitor how the markets react to the shocking Brexit vote out of the UK:
- Bloomberg – World Markets Upended by Brexit as Stocks, Pound Drop; Yen Soars
- Business Insider – Brexit sends global markets crashing: WHAT YOU NEED TO KNOW
If you keep a shopping list like I do – you should be able to scoop up some bargains over the next few weeks. This is why it is so important to always have dry powder – opportunities always come to those who can practice patience.
For those folks that feel they can’t time the market and always need to be 100% invested – your only options are to watch your portfolio crash – or sell to folks that are bargain hunting.
Note: I will be on Vacation with the Family next week (Punta Cana, Dominican Republic):
I will not be blogging unless I make a trade (although there is a good chance I will be trading given the market volatility) – it’s good to have cash!
Returning July 5, 2016.
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