Welcome to the 48th SHARE TALK’s CONKERS’ CORNER recorded on 11th June 2017. In this interview, I have the pleasure of speaking with business man, entrepreneur, thought leader, speaker, author, CEO & Co-Founder of Inzsure.com @TunstallAsc Steve Tunstall.
“I’ve never seen anything like this,” said one trader with decades of experience.
Trading was delayed in Sao Paulo’s stock exchange and once it opened the circuit breaker stopped all operations within just a few minutes. That has not happened since the global financial crisis of 2008.
If you’re planning to hold a portfolio of blue chip stocks well into retirement, then short-term movements in the market are not likely your biggest worry.
However, if you dabble in the stock market on a day-to-day basis, or if you simply want to know what drives the thinking of other market participants, it can be very beneficial to understand the basics of technical indicators.
Taking the stress out of stocks…
BP triples its profit in the first quarter; Shawbrook Bank resists buyout offers and former PM Tony Blair plots return to politics to meddle with Brexit.
“Watching neighbors get rich at the end of a bubble while you sit it out is pure torture”. Jeremy Grantham
Why be masochistic and sit out one of the greatest bull markets in history? If you have clear guidelines: milestones based on other bubbles such as stock markets in the 1920s and 1980s, then you can profit from both the bubble inflation and when it bursts. Like then, current stock market valuations are not sustainable. But, even with the anticipated Trump inspired increase in inflation, that doesn’t stop valuations going much higher before much lower. That is the nature of a bubble.
I remember after doing one of the early Podcasts with Justin, the question arose about“how do you manage so many Stocks?” – I can’t actually remember if Justin asked me this or whether it came about from a Reader/Follower afterwards but that doesn’t matter – the point is that I don’t think I have ever actually got around to answering it and this Blog hopefully will put that major deficiency to rights. On top of that, it actually fits in a treat with some Draft Blogs I am working on about ‘Cutting out Noise’ and my original intention was to include it as a Part of that Blog Series but then I decided it was so important that it deserves its own Blog. So here it is…….