A lakeshore investment advisor is cautiously optimistic about the U.S. economy and that the stock market is (still) the place to be.
George Reis of GVR Investments in Two Rivers tells Seehafer News there are two ways of looking at investing in 2022. He explains presently, the year-over-year earnings are ‘very positive,’ but on the ‘other’ side, “I think like Russia, inflation, politics, etc. So, how should you approach this, or how [do] I recommend people approach it?”
Reis says, “it starts with quality. In other words, you buy good quality companies… And you then stick with them and not become a trader. That will take care of you in the 2-to-3 year period.”
The local expert stated, “even the great Warren Buffett can’t predict what’s going to happen tomorrow or the next day.” But, there are companies, Apple Computer for example, that are making more money than ever and their cash is tremendous. So, they’re going to reimburse shareholders with increased dividends and buy back shares to increase earnings per share.”
Reis also recommended investing in regular intervals and resisting the temptation to look at day-to-day numbers in the stock market.
