As I shared previously, it’s now a pretty good time to be buying stocks, if you’ve got the ammunition. Stock markets worldwide have fallen around 20%. Whether this is triggered by fears, or is merely an economic cycle, I am not sure (since I don’t read much news.)
We have been extremely lucky: since our sell at around $57, we have not bought much LVS back (only around $10k of our 30+k, which was not super significant to begin with) so we have been quite unaffected by the crash. The USD has been largely utilized for some business deals.
However the mini crash has been making many people nervous, me included. Nobody likes to see an economic crisis: lack of jobs, families affected, etc. Now would be a very good time to tighten your belts, before the effects have taken hold. This is why being frugal is an ......