Where to Find 10% Yields at 20%-30% Discounts
June 17, 2022 at 05:00 AM EDT
Get your dip-buying lists ready, because it’s almost time to pounce. Just recently, I explained to investors that, as a contrarian, we only want to fully dive into the market when we have a clear edge —the kind of edge you get when Wall Street has fully capitulated: “We only want to fully invest when the regular investor has thrown in the towel. And there are plenty of indicators that can tell us exactly when our time has come. Consider, for example, the closely watched CNN Fear/Greed Index, which sits at 26 as I write.” That was just a week ago.… Read more