Editor: Vladimir Bajic | Tactical Investor
The following article makes for a compelling read and so I thought I would highlight an excerpt of this article before getting to the story at hand: Click the link at the end to access the full article.
Over 50% of Americans don’t have enough money to invest in stocks; a scary statistic for a country that claims to be the only superpower left in the world. It makes one wonder at what cost are we maintaining this superpower status when from an economic perspective we appear closer to a third world nation. Americans appear to be living hand to mouth making it harder and harder for the average to focus on his or her financial security. One in seven Americans still depends on food stamps despite this so-called economic recovery.
Having money tucked away for a rainy day is one of the keys to financial health but trying to save is a struggle, as the biggest money challenge for Americans is sticking to a budget. Additionally, Americans tend to spend money on things they don’t really need at all. Point and case; Americans spend $1200 or more a year on coffee. Would it not make sense to invest this money in the markets as opposed to tossing it at a cup coffee? Another reason this bull market will not buckle soon
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Long Term Stock Market Bears Always Lose (July 27)