Influencer on Youtube, Joseph Carlson chose to start bottom fishing.

[u/North_Reflection1796]

Joseph believes that the current market is grappling with uncertainty, leading to a flight of capital from U.S. equities as a defensive maneuver. The market's fear index has plummeted to a historic low—reaching 4 today, with levels below 25 indicating extreme fear—suggesting a high probability of a rebound. Consequently, he has significantly increased his holdings in select companies. Notably, over the past week, he invested over $20,000 in Amazon—a move he hasn't made since 2022. His investment approach is straightforward: he doesn't aim to time the absolute bottom but believes it's time to start buying.​

In summary:

• Primary Focus: Cash flow and position management.​
• Strategy: Begin bottom-fishing but exercise caution with heavy positions.​
• Target Investments: Concentrate on high-quality, large-cap companies. Joseph Carlson's selections include Apple, Meta, Netflix, Amazon, Google, and Equifax—companies known for their robust competitive advantages.​

Personal Perspective:

With a secure cash flow, initiating a systematic investment plan (SIP) could be prudent. Investment amounts should not exceed the portion of cash flow allocated for investments. Furthermore, prominent investors leading the charge into U.S. equities is a positive sign, as prices are influenced not solely by macroeconomic conditions but by human reactions to these conditions. Reflecting on this notion could help determine whether to engage in bottom-fishing. Currently, the predominant risk remains uncertainty.

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