Stock Market Wealth
Become A Wealth Machine
I’ve been fortunate to have visited 45 countries in my 37 years on this planet, but one remote island that I am eager to set foot upon and explore, still eludes me and it is Iceland.
In the 1980s, Hollywood director Robert Zemeckis was a nobody; though he felt that he possessed talent in making hit movies, the early films he produced were flops. Not only that, but he was a very demanding and uncompromising person, known for screaming and yelling at his crew.
Over the weekend, I spent a considerable chunk of time speaking with a good friend of mine who is a luxury real estate agent, to get his perspective on what the healthcare crisis has done to the housing market.
Since January 1st 2021, the S&P 500 has delivered a 19.68% return. The NASDAQ 100 has done exactly the same, with the Dow Jones Industrial Average clocking a 16.95% return; these are great results, nearly double the historical annual yields these indices provide long-term investors with, which tells me awful lot about what could be coming next!
An Open HeartOn Tuesday, I saw my 30th consecutive live NBA championship series. Ever since I was seven years old, watching Michael win his first, playing against Magic and the Lakers, I haven’t missed one playoffs and I watch the finals live. Basketball is by far my...
While the mainstream press would have you pour your capital into high-risk index funds, I’d like to invite informed investors to think differently – and consider the commodities that will power the planet in the coming years.
We just passed the 50-year mark of the ill-fated “Nixon Shock.” The year 1971 was when the gold window closed, the Bretton Woods era came to an end, and the U.S. dollar was fully de-coupled from gold. I am a physical gold believer and will always hold a portion of my savings in it.
Yesterday, I sold 20% of my stake in a company that we featured in our Tech Wreck May 2021 Watch List, which has surged by 60% in less than two months. I also booked profits of 85% in the only oil holding I own, reducing the size of it to half of what it was prior and letting the rest of it ride.
The stock market has been on fire since the March bottom. The NASDAQ 100 has soared by 105%, the S&P 500 has surged by 85% and the Dow Jones has rallied by 79%!
It appears like our May 14th alert, which included seven companies, was literally sent at the bottom for the tech sector.