Buy low and sell high.
In other words, buy when a stock is in the dumps, and sell it at a peak.
It’s the best investment advice ever given. The problem is most people do the exact opposite. They sell low. Then, they buy high. They just sucked into the psychology and begin to trade on raw emotion instead of basing decisions on rational thought.Read More
Crisis breeds opportunity.
It’s one of the only methods that has proven to make people rich over centuries. In fact, in the 1800s, Baron Rothschild would tell investors, “The time to buy is when there’s blood in the streets, even if the blood is your own.”Read More
Controversial or not, it’s still one of the most profitable stories of 2017.
Multiple states have approved its medicinal and/or recreational use. Several more are likely to follow suit. And while Canada has noted it would take its time with regard to broad legalization, the opportunity to find profitable opportunities is big.
Sometimes it pays to sound like a broken record.
For quite some time, we’ve been telling investors that if you want to transform your wealth, keep your eye on the political process. Look at defense spending, for example where Donald Trump has plans to increase spending by $54 billion in the 2018 Department of Defense budget.Read More
Gold is a fickle beast.
There’s a great fear that Federal Reserve policy on rates will remove the shine from the metal. But that’s really never the case. In fact, when interest rates rose to 0.5% from 0.25% in December 2015 followed by a promise of four hikes in 2016, gold bottomed out and ran from $1,050 to $1,375.Read More