Markets
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Money or Mud?
Markets are on a wild ride these days. The CBOE Volatility Index (VIX), which measures market’s expectation for volatility in the coming 30 days, has been on its own wild ride. But volatility is not always bad. There are opportunities to invest and make money. Here’s my strategy for stock purchase in my portfolio: Stick with the winners (buy big names with solid balance sheets, those that can survive a recession) and leave the rest to the others. Be patient and buy the dip (watch your watchlist). Dollar cost average your way into the dip (buy some stocks every time the market goes down). Today (April 15, 2020), Jim Cramer…