By Dr. Steve Sjuggerud
That doesn’t mean your fear isn’t rational. But right now, everyone believes the same thing you do. And that’s NOT a place you want to be as an investor. Me? I’m not spooked at all... Instead, I’m downright giddy. Seriously. Look... I’ve been a professional investor for more than 25 years. (I can’t believe I’ve been at it this long.) I’ve seen booms and busts come and go, from China in the 1990s, to the U.S. real estate bubble, to the historic dot- com era Melt Up... and a whole lot more. I’ve invested in stocks, bonds, currencies, commodities, real estate, you name it... Real assets, too – from rare guitars to coins, stamps, and timberland. No kidding. I know what opportunity looks like. And what we have today – shockingly – looks like opportunity. Thanks primarily to 1) near-record-low interest rates, and 2) fear in the markets so thick you can feel it... right now is an absolutely fantastic time to be an investor. The opportunities in front of us today are extraordinary. This is nearly as good as it gets. I’m well aware you may not believe me – at first. But the clock is ticking. Let’s get started...
Are you scared? Seriously... Do you want to just cash out and not deal with the stress anymore? You are not alone... That’s the way everyone feels today. Whether it’s the trade war, President Donald Trump’s tweets, or the crazy moves in interest rates, investors are downright spooked. It’s no wonder. Just look at the chart below, showing stock prices in the tech-heavy Nasdaq Composite Index since 1979 – it’s crazy, right? The chart has gone “vertical.” We have far surpassed the dot-com bubble of 2000. The end has to be here... right? The thing is, if you’re spooked, that means you are a part of the crowd today .
Nasdaq Composite Index
6,500 7,500
5,500
4,500
3,500
I know what opportunity looks like. And what we have
1,500 2,500
today – shockingly – looks like opportunity.
500
2019 2012 2005 1998 1991 1984
American Consequences
47
Made with FlippingBook - professional solution for displaying marketing and sales documents online