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SO HOW DO YOU INVEST IN THIS FAST-PACED TECH DRIVEN ECONOMY? I POSED THAT TO MICAEL CARR, THE EDITOR OF PEAK PROFITS – AT PEAK PROFITS REPORT DOT-COM. MIKE’S STORY IS A GREAT ONE. HE WAS AN AIR FORCE CAPTAIN WHO OVERSAW THE NUCLEAR MISSILE FACILITIES AT THE U.S. STRATEGIC AIR COMMAND WHICH LED HIM TO DEVELOP PATTERN-RECOGNITION QUANT TRADING SYSTEMS THAT HE USES TO THIS DAY. HE SAYS LOOKING AHEAD WITH STOCK INVESTING TAKES NEW STRATEGIES.
33:34-36:40 “I think it is impossible to look ahead 10 to 20 years."
SO I ASKED MIKE IF WE KNOW THE OVERALL STOCK MARKET WILL RISE BUT WE DON’T KNOW WHICH INDIVIDUAL STOCKS WILL BE WINNERS – WHAT DOES HE SUGGEST?
“I think the difference now is we need to factor in risk management due to 2 bear markets. Diversification. Treasury bonds only pay 2% to protect wealth. Use options to generate income. Alternative investments like REITS. Reality is these are the companies that prospered in 2008.”
SO WHERE DO WE TURN IF WE DON’T HAVE A DAY TRADING LURKING INSIDE US?
DISCLOSURE HERE: MIKE AND I DID AN ONLINE WEBINAR ABOUT HIS PEAK PROFITS PROJECT FOR NEWSMAX WHICH IS STILL UP AND RUNNING. MORE TO COME WITH MIKE CARR ON A POSSIBLE INVESTOR PANIC CAUSED BY – YOU GUESSED IT – THE MEDIA.
THAT’S INFORMED NOT INFLAMED.
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