The market has taken a bit of beating. The Down Jones industrial average is down almost 200 points, the S&P 500 is down almost 27 points. Stocks all across the board are being sold off on fears of global inflation.
It is times like this when the nay-sayers say “see, ‘playing’ the market is a bad idea”. Well, if all you are doing is ‘playing’ the market then yes you will more than likely lose money. However owning the right stocks in the right market can help shield you from such downturns.
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