Monday had a decent sell off and not just on the stock exchanges. If you hold crypto or keep track of cryptocurrency, you would notice the drastic drop after it reclaimed numbers in the $90,000+ per coin.
There are a lot of factors that influence the direction of the market. And right now, there seem to be a lot of factors hitting at the same time. With war and other geo-political issues, tariffs, and high interest rates, is right now a good time to invest?
Well, over here at Thrifty Investing, we always think it’s a good time to invest. The best thing that could happen is a market drop or decline, because that is when we find the best deals. Buying companies at discounted prices is what we’re here for. Thrifty. We want to be able to buy a companies shares for pennies on the dollar, just like we do when we go shopping for clothes and other items at thrift stores or discount stores.
Given all the issues that are currently affecting the economy and financial markets, it’s a ripe time to get in. Keep an eye out for the PCE and CPI numbers that come from the Fed, and always keep an eye on the VIX. The VIX helps determine how investors are feeling about the market and current conditions.
If these numbers go in the opposite direction that the Fed would like it to, it may lead to further declines and possibly a crash. Keep some dry powder to pickup shares at a discount!
What or where do you look, to get an overview of the market’s feelings?
Thrifty Investing 
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