We far prefer a business that is poised for future growth, versus a really cheap company in a shrinking business.
Strategies
3542 posts
Expectations for 3rd quarter corporate earnings and economic growth were probably too pessimistic going into October.
Each is a leader in its respective industry, and all three benefit from durable, long-term macro trends.
The uncertainty of resolution on many fronts has meant that as investors, we’re waiting for something to give.
The overall market appears to have somewhat stabilized, so we will consider making some purchases over the next few months.
Sometimes a stock can be purchased that is attractive from both a value and momentum perspective. Here's an example.
Our low-beta, short-term corporate bond ETFs aim to anchor the portfolio against volatility, while the balance of the portfolio aims to throw off substantial dividends and interest.