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Investment Alert
Daily Reckoning

Editor’s note: Occasionally, we come across ideas that we simply have to forward to you. This one comes courtesy of our friends from Port Phillip Publishing.

Dear Reader,

It was the summer of 2010.

The world was emerging slowly from the wreckage of the financial crisis. Markets were rebounding. Interest rates were pinned near zero. And central banks were rolling out a new, unconventional financial policy — quantitative easing, or QE.

At the time, I worked for one of the biggest financial magazines in the UK. I was working on a story with a former City fund manager.

It was all about the fact that interest rates were about to shoot back up — from their ‘emergency’ level — back to a more normal 4% or 5%.

I’ll repeat…this was the middle of 2010. And some very experienced (and often deeply cynical) money managers were sure interest rates couldn’t stay at near-zero for long.

It was, they claimed, just a temporary policy.

How wrong we all were.

It wasn’t a temporary policy. It was a long one. A ‘long emergency’, if you will.

Interest rates in the UK took a decade to get to 0.75%. They’re now back down at near-zero again.

This time around, the Reserve Bank of Australia has followed suit — pinning rates at zero until (at least) 2024. 

The moral of the story?

Rates can stay much lower for much longer than anyone thinks is possible. And all that cheap credit can send markets way higher than most people expect.

According to editorial director and market veteran Greg Canavan, this is the single most important thing you need to understand when managing your money right now. It explains why sitting in cash and watching markets explode higher, as Greg expects, is a terrible move.

Who knows? You could get trapped in cash paying near-zero for a decade, just as British savers did.

Worse, you could watch markets soar higher — leaving you behind.

Believe me, you don’t want that to happen. That’s why Greg is hosting an urgent, free investing event on Thursday. It’s designed to manage the risks and give you a clear, sensible plan for how you can come out on top even if rates stay at zero for the foreseeable future.

So if you’re worried your savings are going backwards…

And you’re nervous the recovery in stocks has left you behind…

You absolutely have to join Greg on Thursday at 11am.

All you need to do to secure a free viewing spot is hit this link now and let us know you’re interested.

And just for joining us, you’ll get a free stock recommendation from Greg — his top stock to buy in 2021.

Just go here now to reserve your place.

Best,

Signature

James Woodburn,
Group Publisher