shared a media post in group #The Most Important Thing
Shouldn’t we be bargain hunting European stocks right now?
most posts i see are investing in US stocks and seems crazy to be so conservative while the dollar is so strong compared to every other currency. Isn't this an absolute land-grab opportunity here akin to when american grandparents traded warships for literal islands during WW2? that didn't turn out too badly at all.
US stocks will remain king, but we don't own the entire company you invest in, we own a small part, and profit off the percentage gain of a stock (and dividends) and that's it. One of the fastest growing economies in the world in the last few years has been Bangladesh - not because their annual GDP beat USA or China but because they grew a greater amount compared to where they were the year before. I'm not saying invest in Bangladesh, but if Europe sinks you should be diving at the dip, not running away from it, because the % gain in their recovery will be greater. Obviously if you're 50+ years old and are scared of a little volatility don't bother.
Not talking about S&P500 vs Europe, S&Ps record is good and safe but most of my holdings currently are American companies. But my focus will be on international stocks for the next while.
On my radar is AMAT and C, and will open a position in mining with RIO or BHP, but not sure which 🤔
