Can You Predict the Stock Market?April 13, 2020
No! But you can have an edge with a good strategy.
So how can you grow and save your money? In the bank? Under your mattress? In the stock market? Here is the surprising fact: Over any long period of time, the stock market actually does better than any other way you might choose to save and grow your money. Yup- that’s a fact.
Experts say there are three rules that should be followed when investing in the stock market:
- Temper your enthusiasm in good times.
- Become more optimistic when things look bad.
- You get the best results if you buy stock and then hold it for a while.
Given the current economic situation, the experts would say that the correct course of action is to follow rule #2. In other words, things look bad now; it’s time to get optimistic!
Warren Buffett, the world’s greatest investor and the third richest man in the world, said: “I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.”
So…the time to acquire stock in great companies starts now and continues over the next several months. This is an amazing once-in-a-generation opportunity.
You and your spending are actually the perfect barometer of what companies and which stocks will do well. Buy the stocks in the companies where you spend your money. Follow the StockSquirrel “Own Where You Shop” method of investing. As the economy gets going again — and it will – everyone will begin to spend money again.
For example, if you find yourself spending your money at companies like Starbucks, Amazon, Walmart, Chipotle, McDonalds, T-Mobile, CVS, Netflix, Zoom, Costco, Target, or a host of others, then buy those stocks…simple!
With StockSquirrel you will be able to buy stock “at the cash register” when you purchase products from the companies you love.