With all the sour news in the markets and about exchange traded funds (ETFs) lately, it can be difficult to stay positive. So it was refreshing to see Gary Gordon for ETF Expert talk about a couple of upbeat points in the market:
- Gordon says we’re in the middle of a "housing bubble," not a stock bubble.
If the Federal Reserve decides to lower interest rates, chances are stocks and ETFs would respond well and climb upward. - Investors may find bargain, investment opportunities that arise from frantic selling.
For any ETFs you may consider buying, make sure they meet your investment strategy even if the price makes them look too good to resist. Self-discipline becomes crucial in times like these. For example, we will not purchase any ETFs until we see them rise above their long-term trend line.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.