Not all that long ago, people thought growing old was something you did, even as your money went along for the ride.
That’s not the case these days, though.
The coronavirus has changed damn near everything we know about living, loving, and investing for a future many of us once took for granted.
I can’t say I’m surprised.
Mother Nature has a funny habit of reminding us that we’re mortal. So much so, in fact, that sayings like “only the fittest survive” are an everyday part of our lexicon.
The same is true when it comes to financial markets.
Right now, for example, there are a good number of people worried about a crash and who are sitting on the sidelines in attempt to protect themselves from more selling ahead. The situation reminds me a lot of early 2009 when there were some very dark days upon us as part of the Global Financial Crisis.
I can’t think of a bigger, nor potentially more expensive mistake.
My research shows very clearly that intraday volatility is dropping to levels that are consistent with “rally mode” which means your time is quite literally NOW, even if there is more selling ahead.
Take a look.
What this tells you is very simple.
Buy the best and ignore the rest.
Traditional indexing won’t cut it in a post-COVID-19 world but carefully choosing and actively managing the best stocks will.
There are very clearly already winners and losers emerging.
For instance, Johnson & Johnson (NYSE:JNJ), Procter & Gamble Co. (NYSE:PG) and Costco Wholesale Corp. (NasdaqGS:COST) all recently reported terrific numbers and increased their dividends. Amazon.com Inc. (NasdqGS:AMZN), among other examples, is on a tear.
Do yourself a favor and invest in the winners!
The path to profits as we have discussed so many times, is consistently higher especially when we beat this virus – and we WILL beat this thing!
In closing, it’s hard to believe but this email brings me to the end of our journey together.
It’s time for me to ride off into the sunset, as the old expression goes.
Admittedly, I have very mixed feelings.
I’m exceptionally proud of everything we’ve done together, yet ready to take it back a few notches after fourteen years as Chief Investment Strategist.
While there are lot of things I’m looking forward to, I’m particularly excited to return to trading full time and to finishing up the software I’ve been working on for the better part of a decade now.
Funny how life goes full circle considering that’s where I started nearly 37 years ago… trading and writing investing software!
As always, be “in to win!”
Please feel free to drop me a line using my personal Twitter account @fitz_keith if you’d like to say “hello” some time. I’d love to hear from you, as always.
In the meantime, please keep an eye on your email.
I’ve just spoken with Shah and he’s got a number of terrific recommendations heading your way via email. I’m especially excited about the terrific profit potential he’s lined up in several key sectors you’ll recognize immediately.
With best regards for great investing, great health and true wealth,
Keith
The post Your Time is Now – Own Only the Winners! appeared first on Total Wealth.
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