Thursday, June 15, 2017
Monday, May 22, 2017
Wednesday, May 17, 2017 saw the biggest drop in the stock market so far, this year. Here is a reason to be optimistic Below is a message from expert Steve Sjuggerud:
|After a one-day fall of 1.8% or more, like we saw |
This was based on data going back to 1950. But looking closer, I noticed that most of the recent occurrences were clustered around turning points in the market.
So I ran the numbers again, using 1980 as the start date. (Also, 1982 or so was the start of the "great bull market" that lasted until the year 2000, so the returns for "all periods" starting from 1980 will be better than they were in the table above.) Take a look:
When you change the start date to 1980, the picture changes a little…
The story stays the same for the one-month and three-month periods… Stocks outperform over the next one to three months after a big one-day fall.
But then the outperformance disappears over the longer run.
So should you be worried? Not at all. The financial media might make noise about one-day falls like this… But as you can see, the results from similar events in the past 30-plus years are far from frightening.
It seems that a one-day occurrence by itself is nothing to worry about… Stocks have typically outperformed in the months following a big, bad, one-day move.
Wednesday's move scared a lot of people… Don't let it scare you…
Steve, the stock market outperformed over the next year. Take a look:
Wednesday, February 8, 2017
Is It A Good Time To Buy Gold?Gold is all the rage this year. It currently is surging ahead after a major fall in November 2016. But did you know that there is a huge gold mining facility that is ready to explode in value? This company (Northern Dynasty Minerals) is poised to open what is regarded as the largest gold deposit in the world. Development has been held back because the Environmental Protection Agency (EPA) halted their efforts in 2014, due to potential harm to the world's largest sockeye salmon fishery in Alaska. Over 500 million dollars has been spent on this project.
This year, Northern Dynasty Minerals is expecting a turn-around. Though they are limited in expertise and finance, they expect to find a new partner by October, this year (2017). They are also pushing for the EPA to reverse it's stance, allowing development of the gold deposit. With most millionaires and billionaires in a wait-and-see mode, now is the time for us regular guys to invest and beat them to the punch. Once they jump in full speed, the stock price could jump to as high as $10 per share within the next year or two. As of this blog, the price is around $3. That's right. You could triple your your money in the next 2 years or less. However, this is speculative investing. Use your own judgement. In the meantime, if you are thinking about investing in gold, keep an eye on Northern Dynasty Minerals (symbol: NAK). Happy investing!