I worry you are making a huge mistake with your money...
What are you waiting for?
If you're not taking advantage of this bull market yet, that's my big question for you...
If you are nervous about the stock market, then you're not alone. Several investors I've talked to over the course of the rally were "waiting for a dip to get in at a better price."
Then, when we got a dip, those same folks would get even more scared of the markets.
Now, we've been hitting new highs again. So let me ask you... are you nervous? Are you back to waiting for the next big crash before you put money to work?
This is a huge mistake.
Let me explain...
You probably know by now that I think a stock market Melt Up is just around the corner – where stocks make one final, dramatic push higher before a furious peak.
But the folks I have talked to are either trying to time it... or planning to sit on the sidelines.
My friend, trying to time when the Melt Up takes off could cause you to miss out on triple-digit gains.
You don't want to wait until stocks start soaring... and THEN decide to get in.
Melt Ups are big and fast... The tech-heavy Nasdaq index alone delivered triple-digit gains in the final 12 months of the last great Melt Up.
Sitting on the sidelines and missing out on even a few big days during that time could've been deadly to your returns.
I'm telling you, don't try to outsmart the Melt Up!
If you're waiting on the sidelines for a buying opportunity, chances are, you'll miss the good days. And as you probably know, you REALLY don't want to miss out on the good days in the markets...
For example, if you had $10,000 in the S&P 500 Index over the past 20 years... but you happened to miss the best 40 days of market gains... you'd only be left with around $7,600.
If you kept your money invested the entire time, however, you'd have close to $30,000.
That's right... Just 40 days meant the difference between losing $2,000 and making $20,000!
These results come from the investment-management company Index Fund Advisors. And you can see clearly what this means for your money today.
The table below shows what missing the best days of the market would have done to your returns over the 20-year period from the start of 1999 to the end of 2018...
The lesson is simple. Missing out on just a few big moves higher could mean not only missing triple-digit gains, but actually losing money.
And remember, this doesn't include last year's outstanding results. The S&P 500 Index as a whole soared 30% in 2019. You really didn't want to miss the best days of that rally.
So if you're still waiting for a chance to buy... or if you're afraid to buy stocks at all... I don't want you to miss out on what's next.
This will likely be the last Melt Up opportunity for many people in their lifetimes. And certain stocks could return triple digits as the market moves higher.
People are always looking for a reason NOT to buy. Trust me, you can always find something.
There will be a time to be cautious. But that time is after the Melt Up.
We are not there yet. So again, I urge you – "make hay while the sun is shining"...
Good investing,
Steve
P.S. Let me tell you something else... I'm about to host a major online event on February 12, where I'll share a HUGE change to my Melt Up prediction. You'll find out how to take advantage of what's happening in a totally new way... with much greater upside than I've ever shared before.
I'm even giving away the name of a stock that I believe will soar up to 500% in the months ahead. But to hear it, you must tune in on February 12 at 8 p.m., Eastern time.
I hope you'll join me... because you need to take full advantage of this moment. Sign up for free right here.
Further Reading
"Simply put, it's dead wrong to fear new highs," Vic Lederman says. Most mom-and-pop investors view new market highs as a sign of the end. But this indicator says that we're more likely to keep seeing stocks soar... Get the full story here: Read This Before You Call the Top.
"Most people know that this bull market is getting old," Vic writes. With stocks at their most expensive in this aging bull run, it's understandable to think we're at a market peak. But the truth is that expensive markets tend to get more expensive... Read more here: 5,000 on the S&P Is Closer Than You Think.
Technology companies with powerful brands will likely be big winners in today's Melt Up. And this online travel agency is one of the best in its business...
THIS ECONOMIC BELLWETHER PAINTS A BULLISH PICTURE
Today's chart shows a strong U.S. economy...
As regular readers know, we use various companies as real-world economic bellwethers. We're looking for signs that folks have money and feel comfortable spending it. When they do, this cash ripples through the entire economy – and when they don't, nearly everyone feels the pinch. Fortunately, today's company is painting a bullish picture...
Mastercard (MA) is one of America's largest payment-processing companies. It profits when folks buy stuff with their credit and debit cards, and it sees revenues slip if folks keep their plastic in their pocket. And Mastercard was wildly profitable over the past year, with adjusted net income jumping 17% to $7.9 billion.
MA shares have surged more than 50% over the past year and just hit a new all-time high. This success tells us that Americans are spending money freely... and lots of companies will reap the benefits...
