The only way to play the market in 2018 was to pick your stocks. Picking the right ones carefully has the potential to deliver profits against the flow of the tide. The only way to play the markets again is to pick your stocks.
Most investors make a common mistake. They assume that global financial markets are based on the stock market. They’re not. Think about it. The world’s financial and banking system is based on lending money backed by the security of real estate.
The main point I want to get across today is that the oft-mentioned ‘dining boom’ is a real phenomenon. It’s not just some quirky marketing gimmick dreamed up by politicians or small-cap food companies.
The political disruption going on in Europe could be a defining moment of 2019. But while it might push stocks prices around (in the short-term), you shouldn’t let it dictate where you invest in the new year.