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The media and wall street would have you believe that the world is coming to an end.
Uncertainty and fear are what is responsible for all the volatility we are experiencing with the price of oil and equities, much more so than an actual "bad economy."
This is the time when smart investors start building up their positions in good companies. Of course you hear nothing about that in the media. Everyone is like sell, sell, sell.
6 - 12 months from now, when we're back in a bull market, and stocks are 25% more expensive than they are now, that's when all the newbies and amateurs will start buying and when all the smart investors will be selling.
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