A trip to the butchers

After all this upheavel and volatility in the stockmarket I finally succumbed and thought that there must be some bargains out there. Yesterday I dipped my toes into the market after some sharp declines, bought those cheap retail shares which against all odds managed to drop further.

So as a reasonably mature investor I called up the broker and enquired after a little more, that´s when it hit me. I was going to pump-up on Lojas Americanas or maybe Renner and F. the broker said "You like GVT, it´s just reduced 10% today". "Wow", said I, give me a bit of that, so there I was buying a few kilos of GVT and, why not, a few kilos of LAME4 too as it´s on offer today.

The realisation that buying shares today was a bit like a trip to the butchers, wanted some meat, bought what was on offer to make the most of the special discount and......like meat, have to keep it in the freezer until it´s time to use/sell.

Shouldn´t be too long now, everyone is saying that the Brazil market is a best buy, except for Morgan Stanley....and what do they know after recent performances?!?!

Better off asking your butcher for financial advice.....incidentally GVT is back up a few percent already!!