Where Will Nu Holdings Stock Be in 5 Years?
The Latin American fintech player is putting up some impressive growth.
Stock market drawdowns are stressful. You are bombarded with news headlines about how the world is ending, markets are in turmoil, and why now is the time to sell.
Usually, reality is not as bad as the headlines suggest. As of this writing, we have entered a stock market drawdown, and these headlines are starting to show up again. No one knows whether this is the start of a new bear market or only a temporary pullback in the current bull market.
However, what I do know is that smart investors don't run from stock market drawdowns; they embrace them. They are a chance to buy fast-growing, high-quality businesses on the cheap.
