What To Do When Things Get “Iffy”
TM Editors' note: This video discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.
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With the market potentially topping out, now's the time to review what to do when the market gets "iffy." In this video, I will walk you through how I handle the inevitable drawdowns and share some of my favorite performance-based metrics.
00:24:46
Timestamps:
- 00:00 - Intro
- 01:13 - See each position to it’s fruition, LifeMD (LFMD)
- 04:06 - What happened since the (or “a”) top, S&P 500 Large Cap Index (SPX)
- 07:19 - When things get “iffy”
- 15:09 - Performance-based metrics, S&P 500 Large Cap Index & Invesco QQQ Trust Series 1 (QQQ)
- 22:52 - In summary
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Disclaimer: All predictions are about the future and a lot of "stuff" can happen between now and then.