In a volatile market, quality companies are the key
As you celebrate the July 4th holiday, Wall Street is probably the furthest thing from your thoughts. Nonetheless, if the market’s volatility resulting from its buffering by a variety of economic events has you wondering about your perspicacity in selecting investments, I understand.
In fact, Wall Street reminds me a little of the weather here in Florida. It is either dry as a bone (this past month) or you are engulfed in water (the last several days).
Although I can probably predict daily activity on Wall Street with the same degree of accuracy as I can the weather, I believe the markets will continue their upward momentum in the months ahead. However, as in any rose garden, there will always be the occasional thorns to contend with.
Now, before you sigh in resignation, consider that when the shares of quality companies go on sale, it’s time to go shopping. It does not matter…