The Future is ALL That Matters If You Want to Make Money
I’m still at home recovering from my own medical misadventures last week and, before we go any further, let me say, thank you for the many emails, calls, and messages I’ve received. They are tremendously appreciated, and have made an otherwise tough time a lot better!
Anyway, enough about that, but speaking of which…perhaps I should go to the hospital more often!
The Dow tacked on a stunning 700+ points in the first three days of the week and is up again as I record this. Anybody who was not “in to win” like we are (and like we’ve talked about repeatedly in recent weeks), is now losing…. and, badly at that.
Which just proves something we talk about all the time yet again. Pessimists rarely make money because they’re focused on headlines that reflect the past. Savvy investors, on the other hand, often laugh all the way to the bank because they focus on the future.
The world’s best companies line up with the Unstoppable Trends we follow and make “must-have” products the world cannot live without. What’s more, they make them today but, importantly, they WILL make them tomorrow, too.
Even the FANG stocks, Facebook Inc. (NasdaqGS:FB), Amazon.com Inc. (NasdaqGS:AMZN), Netflix Inc. (NasdaqGS:NFLX), and Google’s parent company, Alphabet Inc. (NasdaqGS:GOOGL), – which have been beaten down mercilessly on fears of looming government regulation – are a good example.
The future is ALL that matters when it comes to big profits you deserve.
Proper risk management is for everything else.
Worrying about whether the markets are going to go up, down, or even sideways is a fool’s errand and always has been. What’s more, it’s about as effective as driving down the road backwards using your rearview mirrors.
The world’s best companies are led by competent, savvy men and women who plan for and grow their businesses through thick and thin. They’re not worried about policies they cannot control, who’s in the White House, or even fancy-pants academic models.
Concerned… But not worried.
Their job – like ours – is to make money practically no matter what happens next, which is why we want to invest accordingly. And, to a point manyinvestors miss, consistently.
Speaking of which, thanks again for spending your time with me, albeit in a slightly more informal and highly unusual setting this week. I’m on the mend and, not surprisingly, will have some medically-related recommendations based on my experience over the past week.
Have a fabulous weekend!
- Pessimists rarely make money because they are trapped in the past but profitable investors know looking to the future is where you make the big bucks.
- The Fed may have finally said something materially correct (and which will be great for your money)
- Here’s what to do next – even if you fear the worst.
Until next time,