The stock market has been a bit volatile in 2018, to say the least. However, in times of turmoil, there is typically a reason behind it…
The main area of discussion that has not been a major talking point is a term called “Stock Buybacks.”
This past year alone about 1 Trillion Dollars worth of stock has been purchased back by various companies. Why would they want to do this?
It’s like when you borrow money from your parents and have no intention of paying them back.
Buy low sell high, that’s the name of the game. So, if large corporations are buying stocks at these prices, what does that tell you about their long-term outlook?
We have had massive gains over the last decade in the market! It is a smart business decision to protect yourself when you have reaped the rewards.
Happy Slacking,
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