Keeping an open mind is crucial when it comes to investing
News about: “Sprint Corp (NYSE:S)”
Despite margin pressure, Verizon is still a great holding.
When markets soar, the following year the sometimes stumble.
Expect a bumpy ride for stocks given the coming Washington budget drama.
Proper personal investing begins with allocation of assets among stocks, fixed-income securities, real estate, commodities and cash.
Meanwhile, Sprint could be mortally wounded – so we have it on a short leash.
Expectations for 3rd quarter corporate earnings and economic growth were probably too pessimistic going into October.
We can’t help but think that the current negative mood greatly exaggerates the deterioration in economic and business fundamentals, but pessimism can become a self-fulfilling prophecy.