Everyone’s been talking doom and gloom about the stock market lately, but that – my friends – is straight-up financial pornography. Me? I couldn’t be more excited about what’s happening now.
I told you back in the beginning of January that the time for investing during the stock market correction was coming.
Guess what. It’s here.
This January was one for the record books. Out of the 19 trading days this month, 15 days were characterized by triple-digit moves from the Dow. When all was said and done, this was the index’s worst January since 2009. Which means this is a great time to invest. I understand that the market has taken us on a wild ride lately, but I’ve been proud of our stocks’ performance.
You can check out my latest video for all of the details, but here’s the gist: If your money is in the bank, you are losing to inflation. If it is in “safe” treasuries – you’re losing money, too. Your future purchasing power is at serious risk if you’re doing anything other than investing.
The answer is simple. Buy stocks now.
THE TIME IS NOW!
For close to four years, we witnessed no correction whatsoever. But, now, we’ve had almost exactly the same correction – peak to trough – twice in five months.
So what should you do? Here’s what I suggest:
- Consider increasing your 401(k) contributions and move into stocks. No cash. No bonds.
- Invest the cash you have accumulated NOW in the stocks of good companies.
- Consolidate your old 401(k)s and other retirement accounts into one IRA.
It bears repeating: A correction is a temporary interruption of a permanent uptrend. To maximize lifetime returns, investing during the stock market correction is critical. So don’t delay.
Questions? Consult with a financial advisor
I can help you invest in the stocks of great companies, and I’m never more than an email or a phone call away at email@example.com or 732-800-2375. Together, we can put your money to work!