The new year has started off on a sour note, with the stock market crashing and panic spreading throughout financial markets. Inflation and interest rates have put investors on edge, and many believe we are still in an economic bubble. Stock market predictions will always have bears and bulls battling, but as a long-term investor for over 20 years, I would like to share my thoughts. In today's video, I discuss my playbook for 2022 and how I've handled market corrections since the dot-com stock market bubble of 2000.
The Invesco Nasdaq 100 QQQ Trust (QQQ -2.07%) is down over 15% from its highs nearing bear market territory. Should investors buy the dip or wait for better prices? I discuss my approach as well as my three tiers of stocks to focus on in 2022. I also provide examples of quality growth names that I feel will recover first, ranked in order. As an example, Netflix (NFLX -9.09%) stock is trading lower today than it was in June of 2018.
Please watch the video for my thoughts, and don't forget to subscribe.
*Stock prices used in the below video were during the trading day of Jan. 25, 2022. The video was published on Jan. 25, 2022.
