Days Like Today Are When Your Money Is Made!

So the S&P 500 was down 1.37% today, and the Nasdaq was down 2.09%.

Not big on a percentage basis.  But if you own primarily tech stocks, like I do, you have experienced some pain the last few days.

My account is down 10%, and it doesn’t feel good.  Losing money never does.

However, this is part of investing.

It’s not a very fun part.  But it is a part, nonetheless.

Know this: down days are where you make your fortune.

How, you may ask?

Well, the answer is quite simple – but hard to master.

On days like today, the best move is to either add to your investments or simply do nothing and ride this downturn out.

That’s the secret.

So once again, the market is on sale… and you should be a buyer, if you have the cash. Otherwise, do nothing.

That’s how the real money is made!

My book, The Stock Market is For Everyone, is a short guide for the beginning, inexperienced investor that is easy to understand and can be put into action immediately.

Click the image of the book at left to be taken to its Amazon page.  (Disclosure: As a participant in the Amazon Services LLC Associates Program, I earn a small commission on each sale generated through these links.)

 

Investing Is More Crucial Now Than Ever!

For the last 8 years, I’ve been in workforce development, and I’ve noticed a very scary trend: the number of senior citizens applying for minimum wage jobs seems to be increasing.

I don’t have any empirical data to back up my observation, but the eye test is telling me that my assertion is correct.

To top that off, an employer I know that recruits home health aides recently participated in a job fair, and told me the number of people over the age of 50 inquiring about becoming an HHA – a job both low-paying and physically taxing – was frightening.

I know that life has its ups and downs.  Unexpected events will undoubtedly occur.  I, myself, have had many financial setbacks.

But ultimately, I am the reason for my financial situation.  Me.

That means you are, too.

Ladies and gentlemen, we are on the cusp of one of the greatest investment opportunities of any lifetime, and we must take advantage of it.

There is real wealth out there.  It’s yours if you want it!

If you want to know where to look, try investing in the following areas:

1. Mobility as a service

2. Robotics

3. CRISPR genome editing

4. Deep learning

5. Mobile payments

6. 3D printing

7. Blockchain technology

8. China

All of the categories above are emerging technology platforms, except China.  China is a play on Demographics and the emergence of their middle class.

Over the next couple of weeks, I will identify companies you might want to watch in each of these platforms.

Investing is more important now, than ever.  No one in the latter part of life should be in the position of having to apply to jobs that pay the bare minimum and strain the body.

If you need assistance getting started with investing in the stock market, please pick up a copy of my guide, The Stock Market is For Everyone, or reach out to me for a personal consultation.

Whatever you do, do it now.

 

My book, The Stock Market is For Everyone, is a short guide for the beginning, inexperienced investor that is easy to understand and can be put into action immediately.

Click the image of the book at left to be taken to its Amazon page.  (Disclosure: As a participant in the Amazon Services LLC Associates Program, I earn a small commission on each sale generated through these links.)