FROM THE DESK OF PORTER STANSBERRY
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Because just DAYS later, Franco-Nevada started to fall... It was surprising because gold stocks are typically “safe havens” during times of crisis... But it didn’t stop until it plunged almost 20%.
This single strategy saved my family a fortune. And most importantly, I was able to sleep peacefully through it all knowing that our financial future was secure. AMY: I know everyone at home is eager to hear your story, Keith. Why don’t you start with telling us how you knew to sell your stocks a week before the COVID crash? KEITH: Of course. Compared with what most investors went through, it was pretty uneventful. On February 27, 2020 I received an alert on my phone, telling me stocks were in sell mode. It’s really that simple. Here’s what it looked like... the image that saved me tens of thousands of dollars... After reviewing everything, I decided to sell almost all my stocks. Although, admittedly, I didn’t want to. The market was barely down. I was pretty certain some would continue to be winners. AMY: Can you give us an example? KEITH: Ah yes. Out of the 16 stocks I sold that day, the most difficult to part with was Franco-Nevada. I first bought FNV around $68 in November 2016. So right here. By the time I got
Luckily, I locked in a 54% gain thanks to the alert instead of giving most of it back. Without that alert, I don’t think I would have ever sold it. Or look at Carnival cruise lines... If you held any shares of Carnival during the crash... things got ugly. It fell almost 80% in less than a month. That makes it one of the greatest casualties of the 2020 crash.
But my system warned about Carnival all the way back on Thursday, February 3, 2020 – weeks before the stock fell off a cliff. Can you imagine how many Carnival investors probably held on as it fell 40%... 50%... 60%... just promising themselves that they would sell when things got better?
But things never got better for Carnival’s stock. Even four years later, it’s still down 75% from its pre-pandemic prices. If this situation sounds familiar to
the alert warning me about these stocks on February 27 th , I was sitting on gains of around 66%. So of course I didn’t want to sell it. You never want to sell your winners when they’re just picking up steam! But I’m glad I did.
you, trust me... Up until a few years ago, I made similar mistakes over and over again with my investments. And I didn’t even need a market crash to lose money! I just kept selling at the exact wrong times. The good news is – this isn’t our fault. It’s simply human nature. No matter your background, education, or net worth there is ONE consistent problem that everyone makes – from the most novice investor, to the most successful pro. And that problem is knowing when to sell. I’ve analyzed the portfolios of real-world investors...
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