So I've been picking up $Venture Global, Inc.(VG)$ And $Redwire Corp.(RDW)$ And $Archer Aviation Inc.(ACHR)$ Plus options in $Rocket Lab USA, Inc.(RKLB)$. So yes im bottom feeding, picking up growth stocks at prices I consider bargains. But are they bargains?

Well to answer this question you need to understand risk versus volatility. Risk is the extent to which you buy what you believe is a great stock at a decent price and it doesn't deliver. So it goes down because its fundamentals change and its no longer a great stock to own. But if the fundamentals remain unchanged, growth in revenue going forward, profits etc all remain excellent. Well if the stock goes down its not a risk, its a opportunity to buy more at a great price.

Now lets talk about volatility. Volatility is not risk, its short term market uncertainty. Donald Trump has created significant uncertainty with his policy, particularly with tariffs, but many other things too. So this has caused significant volatility. Get used to it. Actually over time the market will adjust to the uncertainty of Trump, his rhetoric will become more certain as the market adjusts to that uncertainty. It essentially becomes the new norm sadly. i think trump has been given a long leash on which to hang himself, if that doesn't work the leash will be tightened. A prediction... Trump will fire elon.

But volatility is good, it creates buying and selling opportunities In the short term. But lets look at it from another perspective for a moment.

"You keep using that word [tariffs], im not sure it means what you think it means"

So trump is saying tariffs will make america great again. Well actually they could. What? In previous posts i have spoken alot about how tariffs are a terrible idea, I still maintain that they will seriously hurt the American people short term especially blanket tariffs. But targeted tariffs can work. Its complex but lets go there. 

Tariffs on steel and aluminum mite work, it forces American companies to produce more in house. but because a 50% tariff incentivizes local production, well it also means they now don't need to be as efficient, because well they can increase there prices by say 30%. But long term it does create more jobs for Americans. Likewise with oil and gas from Canada, makes the Canadian products much more expensive, incentivizing increased local production in the long term. But it will still be more expensive for american consumers. Because US companies can hike their prices.

If you are into economics, im not really but i studied it at university, unlike the current press secretary - she has no idea. Well several principles are pretty clear. Im from New Zealand, our climate gives us a clear worldwide competitive advantage in dairy and food production. We can just do it faster, cheaper and well better than most. We have economies of scale due to our climate, but we don't have the population to do most other things at sufficient scale, so we import everything else, with zero tariffs, because other countries can do everything else cheaper and faster than us.

Returning to the US, tariffs will create more local jobs long term, but the stuff you are producing will cost more. The American consumer will suffer in the short term big time. In the long term wages mite go up to cover that cost, but its not efficient. And what about tomatoes and avocados from mexico, clothing and electronics from china? Some stuff that america will have to produce make no economic sense. 

Then there is the backlash, American is big for sure. But the trust in america is now at best, diminished. Luxury goods like prada handbags and french champagne will be way more expensive, but will the rich care? Kentucky bourbon on the other hand, any county can make bourbon if they want to, or buy tequila instead. 

Ok, went off on a tangent, apologies. Is the American economy stuffed? no. Will the US economy and the share market tank? Yes thats a realistic scenario. But newton's third law of physics... for every action there is an equal and opposite reaction. Bumpy ride ahead, but cup half full for this emotional investor. 5 years out, i got some great stocks for insanely cheap prices. Next week... crap, wish i sold everything last week lol.

These are the days of our lives. Trade safe my tiger friends, and as always may your investments be ever in your favor.

@TigerWire @Tiger_chat @RUW @ricky23 @pengwin @SauceRice @canadiankiwi @Garciafu