THE EUROZONE crisis is far from being hammered into submission, no thanks to the divisive politics there. The US economy, however, is looking up. So is the US stock market.
Let's imagine: If you received a hongbao for $50,000 today, what stock(s) would you buy? Let's go one step further: Imagine that it's a riskless bet: If the stock goes down, you don't suffer any loss.
So, you have all the upside to keep but nothing to lose on the downside. In this fantasy land, what stocks would you buy?
Why this mental game? The key thing is it enables us to overcome our risk aversion and focus on hunting for bashed-down stocks that have sound fundamentals and a good story in terms of its potential for capital appreciation. Game? Share your stock picks below......