Controlling your emotions is one of the most important secrets to buying or selling in any market…especially a crazy/turbulent one.
Admittedly, it’s easier said than done.
However, one of the key ways to keep your emotions in check is to not fall victim to the talking heads crying “This Time is Different.”
- It’s never different.
- The game’s the same. Only the players change.
- Be patient…especially when buying.
“…and there is no new thing under the sun.”
Isn’t it interesting how when you read something that was written a few thousand years ago and it still makes perfect sense?
That’s because Human Nature Never Changes.
As a result, most investors (new and experienced) make the same mistakes over and over and over.
The Boyz Love Your Buying or Selling
The boyz in the “Club” actually depend on you falling for their traps.
And that’s why the 1% need the 99% to be wrong in order for them to make fortunes…at your expense.
(Spoiler alert: It’s what makes their year-end bonuses so big.)
A classic case-in-point was the first half of 2022.
Did you buy into the Fred Sanford’s: “Lamont, I think this is the BIG ONE” act?
If so, don’t feel bad.
Emotions can be your worst enemy…and many sold into the panic this year.
Conversely, those who raised cash – like we recommended in November/December 2021 – have been able to cherry pick this market (like our recommendation of NEE at $70.50 in last month’s newsletter).
So, events like the early decline in 2022 are called mini-panic cycles.
And you should be prepared for the next one…which could easily come before the elections in November.
Remember, the markets LOVE to trap everyone.
Especially when you are buying or selling.
It’s what the Boyz in the “Club” were created to do.
And, like a virus, they kill as many people as possible.
No Pun intended.
If you acted on some of our suggestions from our December and January “…In Plain English” newsletter, you were handsomely rewarded.
The point is you could’ve covered the cost of your subscription to our “…In Plain English” newsletter hundreds of times over with one tip.
So, what are you waiting for?
Become a member of “…In Plain English” (HERE) today before we raise our prices.
And be sure to see the 11 deeply discounted stocks in our July Short and Sweet column (HERE).
Share this with a friend…they’ll thank YOU later.
We’re Not Just About Finance.
We simply use finance to give you hope.
Another Reason to Buy Oil Stocks
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