Business tycoon Elon Musk seems to think that thinning his overhead is what’s needed to weather the winter season ahead.
When I say winter season, I’m not referring to the cold…
I’m referring to a period of time when the markets are under redundant pressure.
According to Reuters, the Tesla (TSLA) CEO is looking to cut the company’s staff because he has a “super bad feeling” about the economy…
Many of you may recall the relatively short-lived Great Recession in 2009, which is what I’d consider a winter season.
And of course, you know about the Great Depression, which the markets took nearly a decade to recover from.
Now, I’m certainly not calling for a depression, nor do I believe that Elon Musk is either.
But there are signs of weakening in the markets broadly.
I however see that as opportunity rather than tragedy! Here’s why…
The Bright Side
Let’s say the average person lives to be approximately 80 years old.
For the first 25-30 years of your life, you’re really not producing. More so, you’re consuming what your folks produce.
From 30-60 is likely your window of opportunity to build your nest egg, your home, your family and your financial stability.
Within that 30-year window, you will encounter market cycles or seasons.
Imagine having the wherewithal to know when it’s time to buy shares of the world’s best companies and when it’s time to sell them.
Do you think that would be valuable? Of course it is!
Multiply Your Wealth
When there was blood in the streets in 2009, you could’ve purchased Citigroup (C) for less than $10 a share and liquidated them as high as $83 not that long ago.
Now, I realize no one is going to buy the bottom and sell the top. But heck, what if you bought it at $20 and sold it at $60?
Would you be happy with that? You should be!
This is just one of thousands of winter season opportunities that could have literally changed your life.
Imagine experiencing two or three of these seasonal economic cycles throughout your 30 years of working and having the opportunity to multiply your wealth.
It’s not that far-fetched if you’re willing to buy when everyone is selling and you’re willing to sell when everyone is buying. It just takes some guts, but you’ll be thankful for it!
Join Us This Afternoon
Before I go, I want to personally invite you to a special presentation with my colleague and expert stock trader Ross Givens.
Ross’s premium Alpha Stocks research service focuses on only the very best stock trading opportunities — both on the long side as stocks rise and on the short side when markets are crashing.
He recently recorded a huge winning trade on the downside in only eight days as Pegasystems Inc. (PEGA) stock plunged…
As well as a gain of over 21% in just 15 days in Permian Basin Royalty Trust (PBT) as that stock broke out of its range.
Rules to Live By
“Keep your face always toward the sunshine – and shadows will fall behind you.” Walt Whitman
Until next time, I wish you a beautiful and blessed day!
Yours In Trading Success,
Anthony Speciale Jr.