What Are You Going To Do Next?
We're only halfway through 2022, and it's already one of the most bewildering years in financial history. And as I announced here, things are likely about to get MUCH worse for some specific stocks. So if you haven't made any big money moves to prepare for the next 90 days, I hope this will serve as a critical "wake up call." It's time to face the facts: Retirees can't stand to look at their retirement accounts anymore. In households across the country, money is getting tighter. The cost of food, energy, and housing increased 10%, 20%, even 30%... Some say that all the money Americans managed to save up during the pandemic will be gone by the end of the year. And a recent Bank of America report predicted things won't turn around until 2024. This is a make-or-break moment for those at or near retirement, who have two-thirds of their life-savings in the markets. Remember the last multi-year recession in 2008? It wiped out almost half of Americans' wealth and took 10 years to recover from. During that grueling time, many retirees learned the hard way the solution is NOT to sell when stocks are falling. In fact, I'm hearing several dominant opinions right now that are dead wrong and – frankly – dangerous for your wealth. I debunk some of the worst offenders right here. Along with my #1 biggest warning for the next 90 days – and the stock I believe could go BANKRUPT by the end of the summer. This is clear, time-sensitive guidance you can act on before today's closing bell. I hope you'll take a few minutes and see it for yourself. Good investing, Marc Chaikin Founder, Chaikin Analytics |
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