Don't Buy Stocks. Unless... 🤔 💭
Don't Listen to the Fear Mongering
Don’t invest in 2023.
That’s the message much of the media was telling us 1 year ago.
In 2022, $SPY was down -19.95%.
In 2023, we had:
- High inflation
- Rumors of recession
- Ongoing war
- An entirely NEW war
- Risk of government shutdown
- High interest rates
- Bank failures
- Negative sentiment news articles everywhere (see picture)
So with all the negative sentiment headed into 2023 plus the constant edition of negative news, you would think 2023 was a disaster.
Yet, $SPY was up 24.48% in 2023.
The performance of the market in 2022 plus all the bearish economic outlooks scared a lot of people out of investing in 2023.
And this was an extremely costly mistake.
While my portfolio constantly hit new all time highs in 2023, many investors sat idly by on the sidelines watching.
As Warren Buffett has stated before-
"Keep buying it through thick and thin, and especially through thin. The temptation when you see bad headlines in newspapers is to say, well, maybe I should skip a year or something. Just keep buying."
If you were one of the people who took Buffett's advice, then congrats! You hit it big in 2023.
And if not-
Consider this a lesson learned.
A very expensive lesson learned.
Dividendology
Some personal news… 🔥
Starting at the end of this month, paid newsletter subscribers will be getting access to a spreadsheet every month with a list of dividend stocks that I believe to be undervalued.
This will be the result of extensive research done by myself each month.
As a result, I’ll be bumping up the price of becoming a paid newsletter subscriber in 19 days.
This means this month will be the lowest price you will ever get to become a paid subscriber.
You’ll also get access to other resources (such as spreadsheets) and insights that I only make available to paid subscribers.
With a yearly subscription, you can currently get access to all of this for only 13 cents a day.
Whenever you’re ready, join to lock in the lowest price possible.