Hello friends! I hope this post today finds you doing well.
My wife and I have been traveling and my post is brief today, yet salient. This market is very much on edge in my view. The CBOE Volatility Index (VIX) doesn’t indicate fear among investors at this time. Yet, there are so many uncertain and significant macro variables lurking that could change things quickly and adversely with regard to the continued (surprising) relative resilience of the current stock market.
I’ve received a number of messages of late to my book email address indicating that some readers of my book are actively utilizing the scorecard and especially honing in on checking the balance sheet (quality) for adequate liquidity and solvency toward companies they are analyzing as potential investment candidates as well as toward stock investments presently held in their portfolios. Analyzing the balance sheet before any investment decision is perhaps more important than I ever recall. Debt is crowding our economy on so many levels. Ideally, you don’t want that to be true of companies in which you invest.
So, be careful and vigilant with your stock investments, friends. My book, “Choose Stocks Wisely” continues to be a tool that is available for aiding in balance sheet analysis with regard to common stock investments.
See you next time.
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