Are You Into the Next Big Thing in Stocks?
I think this bears a bit of light shed on it even though I am not a stock trader myself. Nor would I ever claim to be. Trading Penny stocks and hot tips is nothing more than gambling your hard earned money. It is risky plain and simple.
If most of the professionals can't do it consistently then how are you supposed to do it. Perhaps some day there will be some AI algo that will help us all to pick the winners and avoid the losers but that is still not here. If it were it would be in the big banks hands not yours.
I think "Stock Gumshoe" is the subscription that most people ought to read. It removes the hype of the sizzling email pitches that you get daily. The author is an intelligent man that looks at stocks the way most people should be looking at them. With patience in mind.
Valuation is not easy today. Traditional ways of looking at stocks and companies are out the window with the Feds meddling in price fixing. Case in point is one can watch the indexes in the USA race ever higher while you feverishly look for some reason to support it when none can be found. Bubbles are here to stay and I think that is all you need to know.
What you should be looking for is where central banks are going to blow the next bubble. Once again not an easy task to do. However that is the secret to getting rich in the shortest time frame possible which to me is still a 3 to 5 year term. Marijuana stocks might do it but once again you know my take on that sector.
Shipping has been beaten down enormously. It is at record lows which tells you the real state of most of the economies. If global trade was booming the Baltic index would be sky high instead of where it is now which is close to all time lows.
At some point there will be a new boom in global trade. Probably not until at least 2023 and then it will be different I think than what we have experienced in the past because of new technology.
Looking for the next Bitcoin is a fools errand. You know it as well as I do. There are a number of things I look at when choosing a sector to put my money to work in and the list is comprehensive. However in this day and age you have to figure out another intangible which is highly important. You need to think about WHERE central banks will be targeting their efforts. In other words what will help the economy the most at the moment. That is where you want to be looking. The simple reason stocks are racing upward is central banks are buying insider stocks. They know that if companies have money they might hire more people and perhaps have a trickle down effect on the economy. That is the reason to invest in stocks. Plain and simple.
I am looking for areas where they might try their next experiments. I don't think that the energy sector is going to be one of them but I see wage increase as the next bullet in the gun. Raising the minimum wage while creating more incentive programs to hire. Find where these programs are targeting their money and see how you can profit from it whether it is directly through the program itself or the industries that are supported by the money injection. Cheers!
If most of the professionals can't do it consistently then how are you supposed to do it. Perhaps some day there will be some AI algo that will help us all to pick the winners and avoid the losers but that is still not here. If it were it would be in the big banks hands not yours.
I think "Stock Gumshoe" is the subscription that most people ought to read. It removes the hype of the sizzling email pitches that you get daily. The author is an intelligent man that looks at stocks the way most people should be looking at them. With patience in mind.
Valuation is not easy today. Traditional ways of looking at stocks and companies are out the window with the Feds meddling in price fixing. Case in point is one can watch the indexes in the USA race ever higher while you feverishly look for some reason to support it when none can be found. Bubbles are here to stay and I think that is all you need to know.
What you should be looking for is where central banks are going to blow the next bubble. Once again not an easy task to do. However that is the secret to getting rich in the shortest time frame possible which to me is still a 3 to 5 year term. Marijuana stocks might do it but once again you know my take on that sector.
Shipping has been beaten down enormously. It is at record lows which tells you the real state of most of the economies. If global trade was booming the Baltic index would be sky high instead of where it is now which is close to all time lows.
At some point there will be a new boom in global trade. Probably not until at least 2023 and then it will be different I think than what we have experienced in the past because of new technology.
Looking for the next Bitcoin is a fools errand. You know it as well as I do. There are a number of things I look at when choosing a sector to put my money to work in and the list is comprehensive. However in this day and age you have to figure out another intangible which is highly important. You need to think about WHERE central banks will be targeting their efforts. In other words what will help the economy the most at the moment. That is where you want to be looking. The simple reason stocks are racing upward is central banks are buying insider stocks. They know that if companies have money they might hire more people and perhaps have a trickle down effect on the economy. That is the reason to invest in stocks. Plain and simple.
I am looking for areas where they might try their next experiments. I don't think that the energy sector is going to be one of them but I see wage increase as the next bullet in the gun. Raising the minimum wage while creating more incentive programs to hire. Find where these programs are targeting their money and see how you can profit from it whether it is directly through the program itself or the industries that are supported by the money injection. Cheers!
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