It’s been a fun week so far. The fears of the coronavirus have finally hit the market, and the selling has been intense at times.
Owners of allegedly safe blue-chip stocks have taken a tremendous hit as sellers have emerged in earnest. I have been saying for some time that stocks were overvalued but had no reason to go down. Now it seems they have found a reason, and we have no idea where this particular leg of the journey will end.
Luckily here at Max Wealth, we have a tried and true strategy to approach markets like this, even when things seem bleak.
Here’s what I mean…
I don’t know about you, but I find three-day weekends to be exhausting.
Of course, since most of them are spent with at least three and sometimes four dogs, a cat that hates dogs, and a two-year-old, I guess that’s to be expected.
Add in a wife with her freshly-repaired ankle zooming around the house on a knee scooter, and this past weekend more resembled a rodeo than a relaxing time to pause and refresh before entering the new work week.
In the middle of all that chaos, I did manage to spend time this weekend catching up on the news of the world and look for quantitative ways to make us money in the markets.
Not much has changed week to week as the coronavirus, and the Democratic primaries have captured most of the media’s attention.
Stocks remain overvalued and low interest rates are locked-in for the foreseeable future.
If you’re running with the herd, it may seem like it’s impossible to make big enough returns to reach your financial goals, giving you no choice other than to leave your expectations behind.
Instead of downsizing your dreams, you can leave the herd behind and explore the corners of the markets that no one else is even considering right now to boost your yield and live on your own terms.
Let me show you how…