On U.K vote to exist Europe and expected market overreactionSubmitted by RetireWiseCFP on June 24th, 2016
I expect a sharp downturn in the US stock market this morning.
There is not one single company we own because U.K is a part of the European Union and thus not one single company we want to sell today because the British people have voted to leave. I will rather see a vote than a resort to violence.
In the coming days and if we have additional cash power in your portfolio– I have a very short list of great companies, we will like to own but are currently fully priced that we will love to buy if I see a 10% temporary reduction in their prices.
Please go about your lives, enjoy your family and friends and if possible ignore the hyperbolic media and stock news. This too shall pass!
Femi T Shote, RetirewiseCFP