The theme this week on the Retirement Quick Tips Podcast is: How To Use Stock Market Volatility In 2022 To Your Advantage.

Yesterday I talked about how to buy low and sell high in the real world and start using stock market volatility to your advantage, rather than being afraid of it.

Today, let’s talk more about what to buy when you pull the trigger and start adding to stocks.

When the stock market is heading lower, it’s like the tide is going out and a bunch of boats near the shore become exposed. Stocks are like boats in this regard, because the low tide exposes, barnacles, cracks or even gaping holes in the boat that were concealed underwater when the tide was in and times were good.

You should never own junk in your portfolio, but it’s especially important that you focus on quality - well taken care of companies with a clean underbelly and very few, if any barnacles or signs of wear and tear.

Volatile times cause many great stocks to drop in value too, and when you focus on quality, volatile times offer an opportunity to buy great companies at bargains. What makes a quality stock is no secret, so whether you buy stocks or ETFs or mutual funds when you go bargain hunting, you’ll be able to profit from these down periods.

Focus on stocks that have future earnings power, low debt, strong management teams, dominant market positions, and strong cash flow. These are the typical hallmarks of a great bargain stock, and sticking with these quality characteristics will prevent you from loading up your portfolio with garbage and not real bargains. 

That’s it for today. Thanks for listening! My name is Ashley Micciche and this is the Retirement Quick Tips podcast. 

----------

>>> Subscribe on Apple Podcasts: https://apple.co/2DI2LSP

>>> Subscribe on Amazon Alexa: https://amzn.to/2xRKrCs

>>> Visit the podcast page: https://truenorthra.com/podcast/ 

----------

Tags: retirement, investing, money, finance, financial planning, retirement planning, saving money, personal finance