DO NOT make many new investments around Xmas & New Year!!
Statement:
"Do not make many new investments around Xmas and New Year, because a lot of people pull money out of everything to get Xmas cash in their wallets.. and all the ponzi's fall down due to cash flow problems."
- Do you agree with above statement?
- What is your opinion here?
Re: DO NOT make many new investments around Xmas & New Year!!
you are correct, it's the same way in the stock market. I stop trading and close most of my short positions due to the same reason. all the big firms pull out there money and the stock market gets really slow. there is a thing called the "January effect" that happens after the holidays also.
Re: DO NOT make many new investments around Xmas & New Year!!
Hi
seems to me the worst time to invest is late spring/early summer as so many close down for the holidays! lmao
This is obviously a northern hemisphere thing, but I guess much of the internet public is north of the equator.
Just like the stockmarket.
Re: DO NOT make many new investments around Xmas & New Year!!
Quote:
Originally Posted by Michel Z.
Statement:
"Do not make many new investments around Xmas and New Year, because a lot of people pull money out of everything to get Xmas cash in their wallets.. and all the ponzi's fall down due to cash flow problems."
- Do you agree with above statement?
- What is your opinion here?
Let us know...
To be honest, thats when a LOT of scammers come out of the woodwork to make a quick buck.