Market highs can sometimes be followed by corrections, but predicting the timing and extent of it is challenging... I've heard some analysts talk about a 'massive' correction. It makes me wonder if it's time to adjust my $2M portfolios or maybe even consider some defensive investments.
I paid $52 for BHP shares in April 22, today they are around $40.. not a good return considering its Australia's biggest company. If the trend continues BHP will probably go into volantary administration and go broke like everyone else is at the moment, hahaha
Owning BHP is just like owning a farm, unfortunately you paid a bit to much for your farm, but its still producing for you each year and sending you dividends. Just keep buying shares.
Market highs can sometimes be followed by corrections, but predicting the timing and extent of it is challenging... I've heard some analysts talk about a 'massive' correction. It makes me wonder if it's time to adjust my $2M portfolios or maybe even consider some defensive investments.
No mention of MicroStrategy? I suppose that will change if it gets into S&P500. Only in the top 300 US companies.
I paid $52 for BHP shares in April 22, today they are around $40.. not a good return considering its Australia's biggest company. If the trend continues BHP will probably go into volantary administration and go broke like everyone else is at the moment, hahaha
I’m losing on them too.
Owning BHP is just like owning a farm, unfortunately you paid a bit to much for your farm, but its still producing for you each year and sending you dividends. Just keep buying shares.