Girish asks, "I have heard people talk about 'taking advantage of' or 'minting money from' a recession. How does one do it?" If you have cash you can find great bargains in almost any market or asset class - whether it is a stock, bond, mutual fund, buying tax liens or judgments or even real estate. This is the classic sort of value investing espoused by Benjamin Graham and practiced ... Read More
recession
Sit On It and Rotate
The market's are jumpy to say the least right now. As I post this the market has ended four days down in a row after finishing August up 3.5% and up 45% since March. Despite signs of 'green shoots' and glimmers of positive economic activity, the US stock markets have ended the summer rally with a selloff of over 2% (on the DJIA Index). Fears of a stock market correction or a "W"-shaped ... Read More
