Your Chance to Beat Wall Street
Your Chance to Beat Wall Street by Jocelynn Smith – Banyan Hill
I smiled when my dad asked me the same question he always does when we chat on the phone: “What do you think about this market?”
My father and I have been avid followers and investors for years, and we’ve both admitted that this market has us shaking our heads at times. Of course, we’re not the only ones.
The Consumer Confidence Index hit 125.6 in March, according to data from the Conference Board, its highest level since December 2000.
On the other hand, the latest American Association of Individual Investors Sentiment Survey shows that the percentage of individual investors expecting stocks to rise in price is below 30% for a second consecutive week. This week is also the 12th out of the last 13 with investor optimism below its historical average of 38.5%.
And there have been countless Wall Street pundits and talking heads claiming that the “Trump bump” we experienced following the election is now over.
The fact is, I’m not worried about where the market is headed because I’ve got several aces up my sleeve that will not only protect my wealth, but grow it over the coming months, regardless of what happens with the market. Let me show you…
Uncertainty in the Market
The market has kept investors on edge for the past several months as uncertainty leaves them wondering if now is the time to pull their money out of stocks or if they should stay fully invested in order to catch the next leg up.
Internationally, Europe is facing the early stages of Brexit, which could have a painful impact on the U.K. and the EU. In addition, Europe is on edge as the French prepare for the first round of voting in their presidential election. If Marine Le Pen wins, we could see a renewed push within France to leave the EU, causing massive disruptions throughout the region.