Three of the biggest retailers reported last week and all 3 had one common theme, 'Consumers are struggling' !! $HD$LOW$WMT all either lowered or gave a very cautious guidance as consumers are tightening their pockets. It does not yet show up in GDP due to all the AI infrastructure spend, but call it a gut feel but a downturn is coming. You might choose to ignore it, but a portfolio of all growth stocks is going to make you shed tears of pain when a correction/crash comes. In july when $QQQ declined almost 10%, growth stocks were down anywhere between 20 - 50%. Think what happens when indices decline 20 - 30% (just go back to 2022). Neither $NVDA nor any of the mega caps will be able to save your portfolio at that time. The only way to hedge the downside is diversification. Look at utilities, REIT, consumer staples, financials, healthcare. ✌️✌️
252 views
0 Comments
Join the conversation with 500,000+ other investors 💸
Create an account to get access to everything Blossom has to offer!
📊 Personalized algorithm based on your investing style, experience level and interests
📈 Powerful portfolio and dividend tracking tools
👀 See what top creators and others in the community are investing in
