| In his tweet in Jan 2023, Burry advised followers to SELL the market.
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The Problem:
Stocks have GAINED 51% since then!
The tweet got 2.3m views. And many more from reshares.
Millions would have sold on his advice. Millions more will have sat in cash earning 2-3% pa, instead of investing as they should have.
The lesson?
Don’t listen to predictions. Regardless of the person’s fame or credibility. And certainly regardless of their social media following.
Negative predictions sound smarter than positive ones. But are rarely profitable.
Instead, do these 3 things ..
- Be an Evidence-based investor. That simply means: invest in what’s worked before – the proven, tried and trusted ways.
- INVEST don’t TRADE. The tweet wants you to trade OUT. It should have been Invest IN.
- Be Diversified. Own GLOBAL Funds/ETFs. Not just one country like the S&P500 (which is DOWN this year due to the fall in US Dollar).
A Proven Framework ..
This week we began the new Investment Academy – coaching new investors to become great passive investors by following a proven framework that I use myself.
Some in the group have already made back the cost of the programme in the first week.
How? By cutting fees, capturing tax breaks or moving their Ltd Co cash into Money Market Funds, instead of bank accounts that pay zilch.
That’s even before properly investing into ETFs, Funds, REITs and Options.
The Good News ..
- You don’t need to jump in and out of markets
- You don’t need to make guesses or predictions
- Stocks have a track record of inflation-beating growth and pay dividends that grow every year
- In time, you can live off your dividends
Always Remember:
- Time in the Markets always beats timing the markets
- Stay Diversified
- Minimise those leakages: Fees, Inflation, and Taxes
- Financial Markets are a great source of recurring income
- ETFs, Balanced Funds and Options achieve all the above
- Being educated helps you outperform 99% of the population
… to ensure your investments work for YOUR financial freedom (not someone else’s)
And …
For more guidance, our Investment Academy will help you implement all of this in a step-by-step way.
Thousands of people have learnt how to diversify and pound-cost-average into low-cost, set-and-forget ETFs & Funds for inflation-beating growth. And Options to create recurring income.
Click here to learn about our Investment Academy
Finally …
– Don’t take the above as advice as it may not apply to you personally
– Your Capital is at Risk
– You may not be covered by the FSCS
– Anything mentioned in a podcast or in a previous article was valid at that time and may not continue to be now |
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