Stock Watch - Stock Picks — cash

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Both David Shapiro from Sasfin Securities and Wayne McCurrie from FNB Wealth & Investments chose cash as their stock picks of the day. McCurrie said: "We've seen this before, it happens fairly regularly every 8 to 12 years and it's not unusual. It has happened before it will happen again and we've recovered from situations way worse than this. 2008 is 40 times worse than where we are now it just doesn't feel like it because we forgot about 2008. We recovered from that, we survived and we are still here."Shapiro said: "Bitcoin, gold - anything that is not the stock market.Now is not the time to make major decisions."
7 Aug 2019 2AM English South Africa Business · Investing

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