One of the most hated assets in the world right now is crypto-currencies — and with good reason: Over the past 18 months or so, the crypto market has collapsed by 80% or more. But surprisingly, a group of “insiders” is still pouring money into this market.
A 2008 study by entrepreneurship scholar Michael Song proved that the longer a new start-up stays in business, the higher its likelihood for eventual success.
The stock market is a dangerous place to invest right now. The Dow, the S&P 500, the Nasdaq — if the government makes one wrong move, they could all come crashing down.
I hate to say “I told you so,” especially in a situation like this… But as I explained last week, one of our key market indicators recently flashed red. Then, yesterday, the Dow crashed 800 points.
Yields are at all-time lows… The stock market is alarmingly volatile… And if the government makes one wrong move, we could see a crash at any moment. It might feel like you’re a passenger in a car with a drunk driver behind the wheel.
Last Wednesday, I explained why the stock market would inevitably crash… And I showed you a simple strategy that could help you protect your money. Well, since I wrote those words, unfortunately, things have unfolded as expected: The Fed lowered rates… and the market has dropped by about 5%.