Hundreds of major companies have price earnings ratios that are higher than during the height of the 2000 and 2007 bubbles
For a decade now, central banks have pretended they can print up prosperity (which they’ve done at a magnitude beyond imagination… and we’re supposed to have blind faith that they know what they’re doing)
When we released our Stock Market Survey a few weeks back, we were surprised so many readers responded. We were even more surprised by the results of the Survey, which we promised to share with you, so read on…
Nearly half (45%) of those who took the survey said, “I don’t trust the market with money I can’t afford to lose.” They clearly understand that the money they’re setting aside for something as important as retirement or a college education is money you really can’t afford to lose.
Fully 45% of our subscribers believe a major market crash – a plunge of 50% or more, as we had in 2000 and again in 2008 – is imminent. And another 34% expect that calamity to happen in the next 3-5 years.
But when we brought the situation closer to home and asked readers how a severe market crash would affect them personally, we found wave after wave of denial.
You’re not reckless. You don’t like to take unnecessary risk. But you don’t want to run out of money in retirement. And your financial advisor says you must invest in the market to provide for a secure retirement.
Do you really have to take those risks? What if I told you that hundreds of thousands of people are building their retirement nest egg without even going near the stock market … or the real estate market … or precious metals?
When people think of “the stock market,” they often equate it with the Dow Jones Industrial Average (DJIA) they see quoted everywhere.
The Dow is the most recognized market index in the world, and looking at its performance can help answer the question: Does your advisor’s advice make any sense?
The Dow has gone up over time – but has it gone up enough to make it worth the risk?
Only you can decide if it was worth the risk to you. But to make an intelligent decision, you first need the answers to two questions:
If you receive emails from investment advisory services, you may have gotten a sales pitch for The Big Black Book of Income Secrets from the Palm Beach Research Group.
The promo promises you’ll discover “30 unique income tools” in The Big Black Book of Income Secrets.
The offer entices you with a “risk-free 60-day trial subscription to the Palm Beach Letter.” If you’re not satisfied before the two-month trial is up, you’re told you can get a refund and keep the book and some “bonus” reports that are included in the offer.
To find out if The Big Black Book of Income Secrets lived up to its promises, we signed up for the “Platinum Subscription” for $99 for the first year, which comes with additional “bonus” reports.
Three weeks later, the book arrived, containing 22 (not 30 as promised) strategies, with a cover letter from the Publisher, Tom Dyson, explaining that we could log into their website to access the reports we signed on for and back issues of the Palm Beach Letter. (I guess for $99, they can’t afford to mail you hard copies of the reports.)
The First Red Flag in The Big Black Book of Income Secrets is “Income For Life”
Does that seem like a crazy or dumb question? After all, the Dow closed 2015 at only 17,425. It would have to more than double to get to 35,000. But it’s not a dumb question. I’ll explain why in a moment.
For the last five years, we’ve been tracking the Dow Jones Industrial Average and what that number means to you in your real life.
Sure, the Dow has gone up and down, and it’s gone up more than it’s gone down. But is it up enough to actually give you a return that justifies after all the sleepless nights and stomach-churning highs and lows?