I’ve often said that it’s usually a bumpy ride to profit, but I will admit that I had no idea we would have to ride out a global pandemic and full-blown market meltdown.
Well, here we are.
We don’t get to pick what happens to us in life, but we do get to choose how we react to it.
We’ve taken a pretty good hit, but we are still standing. I know at times during this onslaught, it has felt like there will never be good news again.
There will be.
The spread of the virus will fade, the economy will reopen, and profits will start flowing into corporate coffers once more.
When it does, it will drive our stocks back to prior levels and eventually onto new highs.
The hard part is being patient and disciplined enough to let that happen.
Sometimes filtering out the noise can be difficult, and that’s why I’m here to help…
Brace yourself for another rough news week.
As we do more testing, the coronavirus numbers are going to pile up dramatically in The United States.
Financial markets are being decimated, and there are too many unknown unknowns for the end to be sight right now.
The oil price war occurring at the same time as this virus began to spread aggressively around the globe has proven to be one of the worst double whammy shocks to the financial system of all time.
While it feels like no way out at the moment, it will end at some point in the future.
The economy and the markets will recover and move to new all-time highs.
Waiting it out is not easy, but it is necessary.
Every bear market has ended and led to a full recovery, and this will transform from a disaster into a buying opportunity of epic proportions.
I have seen some around the web declare that the moment is here. I don’t think so.