The Best Offense is a Strong Defense
Cash is defensive. But bank accounts still don't pay a yield. Some other options to consider.
The Best Offense is a Strong Defense
You’ve probably heard that line before. It’s generally applied to things like sports or war. But it can be applicable in other areas as well and I think until we get a verbal pivot to Federal Reserve dovishness, the best offense might be a strong defense in the capital markets as well. I’ve added about a half dozen ideas to the live portfolio that is available for paid members. All of them offer nice yields with much less capital depreciation risk in my opinion.
Some of you might remember the article Capitulation Event Coming from mid-April. In that article I specifically pointed out three things in the S&P daily chart that I found to be bearish and noted that I had de-risked some of my stocks and some of my crypto. Following that article, the S&P continued to sell-off by another 700 points or so over the course of the next two months.
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