On the list are some favorites of
me. MMM is one of the companies. I owned some shares of the company a few years
before but I sold the stake in expectation of a recession. MMM has some cyclic
products and is a supplier for the industrial sector.
What I have learned from this
asset sale was that it wasn’t necessary. I didn’t need the money and my view
about the future perspectives was false. If you are a long-term investor, you
shouldn’t be so anxious like I was. If the recession comes, you only need money
to increase your stakes very wise and smart. Cash is king in the investment scene.