Dear Reader, This email might rile a lot of people… But I’ll take the risk. See, I think a lot of people here in Australia are about to make a huge mistake with their money. I’m concerned you might be one of them. So I’m going to say something that might get up a few people’s noses. To explain what I mean, let me take you back to 2009 — right after the global financial crisis had decimated pretty much every market in the world. In response, central banks cut interest rates across the board. In some places — the US and Europe, mostly — rates went to near zero. Here in Australia, they were cut in half from their pre-crisis rate. By 2009, markets started recovering. Commodities, gold, mining stocks — it all started rising hard. And do you remember what a lot of so-called experts said back then? ‘Sit it out,’ they said. ‘This market’s going to blow. Sit in cash, wait it out and the crash will come.’ I’ll bet a lot of people did exactly that. And what happened? Stock markets bounced back massively. In the US, we saw an epic, decade-long bull market. A tech-heavy index like the NASDAQ made 300% in the half-decade after the GFC. Sitting in cash, on the other hand, was not such a great move. Not just in terms of purchasing power. But because some stocks got way more expensive as cash went nowhere. In other words, that ‘safety first’ move was a terrible call for some. (Unless you literally have enough cash in the bank to live out the rest of your days and have no need to grow your wealth at all — in which case, good luck to you.) If you wanted to better grow your wealth, keep your finances moving forward and actually prosper, you had to ignore the doom-mongers and get out of cash. If you did that — in a sensible way — you had a great chance to make money. And you know what? I believe history is going to repeat itself. Mark my words. Right now, the Reserve Bank of Australia has cut rates to near zero and has begun pumping billions of dollars into the financial system via QE. It’s a near carbon copy of what we saw post GFC. And there are plenty of people out there who’ll tell you to sit in cash and wait this out. Big mistake. History suggests so, anyway. In fact, the lessons of the last decade point to right now being a perfect moment to get into the stock market. Not by punting on small-caps or cryptos, as there are still risks in the market — but by making a few smart moves that I’m going to explain in a free event this coming Thursday. It’s called Life at Zero. And in it, I’m going to be showcasing an investment strategy you can use right now that could help you capitalise on what’s happening. I’ll even name the top stock I recommend you own right now, on camera, free of charge. Get the full story here. Now, I know that suggesting you buy stocks when the economy is on its knees — and the authorities are providing ‘emergency’ stimulus — will make some people angry. I get it. But sitting on the sidelines watching markets grind higher, as I expect, doesn’t make you a winner. It means you could be losing out on a great chance to grow your money. Which is the whole point of investing. I’ll go into more detail in this free event — just hit this link for more. Best, Greg Canavan, Editorial Director PS: The cash fanatics usually claim they’re ‘keeping their powder dry’ to buy stocks on the cheap when there’s a crash. Which is a good strategy. But the problem is, when the markets DO crash…they rarely buy! How many people do you know who bought stocks last March? Not many, I’ll bet. See the problem? Instead of waiting for a crash that may never come — and might well paralyse you if it does — I think there’s a smarter way of managing your money right now. I’m willing to lay it all out for you on camera — for free. But you need to reserve a free spot before Thursday. |