 Okay, so in this video I want to talk about this idea of the stock market crashing or correcting at the moment We are sort of in that correction Territory I want to go through this in my thoughts and we've got to say that look you've got people on both sides Really, you've got people saying that there's going to be a market crash You've got others saying that the market is just going to recover Very very fast in the next couple of weeks. Don't worry about it But I'm here to sort of give a bit of a realistic approach to this as well In the middle really I do think this month is going to be a bit of a rocky month For the stock market this month is going to be a bit up and down. I do believe that I do think that in the long term if you've got a lot of long-term stocks Nothing to worry about. These are the times to be buying if you've got some long-term stocks I mean if you've got some swing trade plays It's a bit bit bit rocky at the moment And but if you've got some long-term plays that you're investing in I wouldn't worry about it too much because you can Average down. It's a time to average down So you've got this this approach of people saying there's a stock market crash or there's going to be Kind of information on that side and then the people saying that everything's fine. Everything's going to recover Now what I want to do is kind of give a strategic sort of thoughts on this and where I think What's going to happen where I think it's heading again? I've got to say I'm not a financial advisor I'm a business teacher in my day life, but I'm buying new means an expert on the stock market So let's go through this stock market here now one point to remember is is fear and People I mean when they see the portfolio down, of course, you're going to feel a bit uncomfortable But it's important to not feel Fearful of that especially if you've got a long-term place. It's a time to average down So looking at this you've got this quote be fearful when there is greed and be greedy when there is fear So Warren Buffett. So I think that in certain Particular areas and industries we are getting a bit of an overreactive sell-off in a way And I think that it marginally it's going down a massive amount in comparison to other industries so we're seeing particular industries that are having a bit of more of them of a Overreactive sell-off what I would say and I do think that look You know, and that's out of fear people are selling out of the positions out of fear, right? where I would see it as is to be strategic of actually increasing your positions in the long-term stocks and Okay, because at the end of the day at the prices that you see them at now is not the prices that you will see them in Three to five years time. Okay. So if you're averaging down on stocks now and get an even cheaper price Then you're going to maximize your returns into the longer term. So essentially it creates opportunities and To be honest a correction is healthy for the stock market I mean if it keeps going up and up and up rapidly I would be very worried of a bubble and when it would be crashing it would You know drop like a ton of bricks so to speak on your portfolio And it may feel like that now, but actually this is only a correct a bit of a correction now It's not it's not a crash at the moment. It's a correction So what it what it is is if you've got long-term players I think it's important to average down on them And I think rather than seeing it as a as a bad thing that they're down see it as you got to switch your mindset, right? You had to think actually this is a great great opportunity to be buying the companies that I love now If you've done your research into some of these companies that you're holding long-term You should be happy that they're going down because you're able to get them at a cheaper price a really really cheaper price and You know as it's just it's just fantastic that you're able to do that So you switch the mindset. Oh, well in the short term these long-term players are down but actually That's a good thing because if you're investing in them and you want to put more cash into them Then it's going to go up over the longer term so you can establish a larger position You can why you know you call leveling up your portfolio, right? You can build your bigger positions in these long-term stocks at times when the markets down and That is really important to do and as it says I mean Warren Buffett as he says it You know be fearful when there is greed and be greedy when there is fear and a lot of people are in fear right now selling out of the positions because of the market being down slightly and What what's and it's okay to sell out of maybe you swing trade positions more speculative plays You know, it's up to you what you do right to your portfolio I'm not a financial advisor, but I think for your long-term place for companies that you believe in you should hold on tight to those If you've done your massive research into these companies Here so that's that's what I'm doing. I mean, I've what have I averaged down on I've averaged down on Charge point. Okay, the EV player. I've averaged down on A range of stocks actually But charge points the main one recently Okay, so I'm looking to average down on the players that I'm holding that I see myself holding for the long term. Okay There is also some UK stocks recovery players that I've been Establishing a bit of a bigger positioning. They've been doing quite well recently as well actually No, that's really good stuff. So yeah, so what is it to try and average down on and need long-term players But do it in a strategic way don't just you know Take your cash pile at this particular point in time and then just use it all because the markets down today because we don't know If it's going to go a bit further and it could go a bit further, right could go a bit further so you want to gradually sort of build out your stronger positions in these long-term players in these coming To three weeks. I would say I do think that this month's going to be a rocky one We're going to have up days. We're going to have down days, but very much so in this in this month But I do think in in the future months Going on into the future months. It's going to be a bit better And I just think this is just going to be a rocky month. That's my that's what I think anyways now What I would say is opportunity as well. So you got this pitch picture here It's about growing your portfolio. So the place that you're holding in the long term are going to grow over time Just like a plant starts out small and grows over time The stocks that you invest in long-term are going to grow over time. So it's opportunity to just Water that portfolio if you like if you want to use that and that similarity to that It's watering your portfolio putting more money into the positions. You're old in long-term and getting some really good deals on those You so you should really be happy about a fact You're able to get some really good deals on the tech the positions that you're holding long term Now there's also the importance of a cash pile as well. So Thankfully, I mean, I've managed to keep a cash pile on the side Ready for when there is this correction that's going on at the moment. So I'm strategically Surely, but surely surely but steadily Increasing my positions in my long-term stocks as we see this correction So it's really important if you if you didn't do this this time round But maybe going into the future see as a maybe a bit of a learning curve Where try to have a bit of a cash pile on the side So when it does go down, you've got the money to actually invest in in position So you don't put your full cash Into the stock market actually have some cash on the side ready to actually invest in when the You know that when we're having many red days, okay? And that's the best way to do it to do it really is have that cash pile there So I've spent some of my cash pile, but I've still got some of it left Okay, so I've got about two thousand pounds left in my cash pile Which isn't a lot to be fair, but I'm buying steadily slowly But surely taking strategic decisions being selective like I say only one today in terms of charge point But I'm looking at others as well in terms of trying to get some good deals that I'm holding long So again having that cash piles really important So what I would say is not to not to worry too much to Consider looking into your more long-term players Establishing high positions in those do it strategically over these next number of days or weeks Okay, and I think that it's going to actually benefit your investor portfolio in the long run So hopefully that was a bit of I don't know maybe a comfort to people or whatever it is, right? You know, but hopefully you've enjoyed this video if you did then do smash the like button as it does help out the channel Subscribe to the channel if you knew as well. Welcome. We cover penny stocks We cover growth stocks and long-term stocks. We do a lot of penny stocks at the moment and I would say, you know, actually It's okay to be buying some of these penny stocks that are getting really debt cheap at the moment But it's about being selective on the ones that you want. Okay, so find the ones that you really believe in and as a company Hold on to those and buy the dips. Okay in my opinion I've got to say that's what I'm doing. Okay. I'm buying the dips in in I mean if I could I would buy more CLIS Okay, because it's it moved up massively and then it moved down and and Penny stocks have been hit a lot recently because of the market Everybody knows that when the markets down penny stocks get hit even more. That's just how it happens But there is some out there that maybe long-term holds or medium-term holds But it's really good time to actually be buying the dips on those But then obviously bear in mind the volatility at the moment with that So there's all sorts of different decisions that can be made, but I think this is the right time to Keep steady and make those strategic decisions wisely So thanks for watching this video smash the like button and subscribe to the channel if you knew hit the notification bell Join the stock club if you haven't already We've got our stock club there in terms of we talk about different stocks and all the rest of it So do join that as well and I will see everybody in the next one