The glass bag - Don't panic - Blogs Expansion.com

Today, somewhat calmer, we have to ask ourselves, what happened in the stock market on Monday the 24th? Any. But nothing at all, although something always has to happen to encourage the staff to buy like crazy, if we want to sell, or on the contrary, to sell like crazy, if what we want is to buy at bargain prices. This works like this, although it is hard to believe.

Now the threat to investors comes from across the Urals in the form of a hypothetical invasion of Ukraine by the Russians. Go now! Do you really think that the Russians are going to get mired in a war against NATO? Things must be going badly in Russia when they put on this pantomime. At the time of the disgraceful, that is, with Franco, when things did not look good in the economy, they always looked for something that would unite the national spirit, the patriotic ardor and the war cry was Spanish Gibraltar! Now the Russians take the tanks out for air. To the troops, so they don't get stiff, take a walk and by the way, spend all the ammunition whose probable lifespan is about to expire in super maneuvers and consume all the war or survival food rations, which They were out of date and nothing more. They're going to show their teeth and Putin will achieve something, there's no doubt about it, but it's not going to happen from there.

Weapons are loaded by the devil and playing with them involves many risks. We can even attend an unfortunate accident, but it will not get bigger. We are not even remotely on the verge of a war, so our advice is to sleep peacefully or suffer for your actions, because you will not go bankrupt

I can be wrong, God forbid, but this can all be left in the water of borage and negotiable agreements, without reaching the missiles or cannons to speak. And we can find the fact that the apparent collapse of the stock market does not go beyond a bump that will give magnificent opportunities for those who have liquidity to take advantage of it.

What is crystal clear is that the solution is not to sell our shares in the midst of a market crash. Think that it does not make sense for all shares to fall regardless of the sector in which the different companies operate. Discarded the option to sell there are only two possibilities: start buying or wait.

Starting to buy is reckless, since we do not know where the bottom is and what seems cheap today may seem expensive tomorrow.

Waiting for the market to turn around seems to us the most prudent bet. At this time liquidity is the most precious asset. Bear in mind that without having completed the first month of the new year, there are already securities that have achieved returns that justify, by themselves, a good stock market year. This is unsustainable. The Bag is not the Manna fallen from the sky.

Wait. Review all listed values. Take into account the dividend yield and decide what value and at what price you would like to hold. And when it is at a price, go for it, there is a long year ahead. Luck.