In this index, the number 50 separates growth from contraction so this was a positive sign for markets worldwide. The Chinese Manufacturing PMI for March came in at 50.5, rebounding after registering a 49.2 number last month. stocks jumped yesterday after China reported positive manufacturing data. Today, let’s talk about one such decision that deserves your consideration.Īnd, I’m going to give you a stock pick that’s set up perfectly to illustrate this proven principle for growing wealth. In this case, it’s not risking the money you have, it’s risking the vastly greater money you could have, had you made a certain investment decision. Yet, sometimes, risks take the form of missed opportunities. We all want to balance the risk of losses against the potential rewards when investing. Yesterday, the market’s reaction to manufacturing news from China reminded me of another of our favorite ways to make money in the markets.īoth Jeff and I have written about this trend before. Last week I wrote about coffee and cannabis and one of our favorite investing strategies – investing in habit-forming products.
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