ONE DEFAULT FROM DISASTER
By Mike DiBiase
THE LOOMING CREDIT CRISIS WILL BE SWIFT, SUDDEN, AND DEVASTATING FOR INVESTORS.
It’s where you invest the bulk of your money. It’s where all the “fun” happens... The stock market – and individual stocks, in particular – can quickly soar. When a stock goes up hundreds of percent, it can produce life-changing returns. But the opposite is also true... Your gains can also disappear almost overnight . At the end of last year, many investors experienced that firsthand as stocks sold off. The benchmark S&P 500 Index plunged nearly 20% from its mid-September high of 2,930 to a low of 2,351 on Christmas Eve. Since then, the market has made a dramatic recovery... Stocks rose 15% from their December bottom through the end of January. And they were up another 3% by the end of February.
Financial disasters don’t happen slowly. Like a sinkhole collapsing, they occur suddenly... and seemingly without warning. The sad truth is that most financial disasters can be avoided. There are almost always signs – sometimes obvious ones – that warn of trouble well before disaster strikes... And ignoring them can lead to catastrophe. Today, I want to share a warning about the next financial crisis. I’ll explain the danger lurking despite the appearance of calm on the surface today... the critical warning signs to look for... and most important, how you can prepare for – and profit from – what unfolds. If you’re like most investors, you probably pay close attention to the stock market.
American Consequences
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