Stocks have taken a big hit over the past month, and many investors are panicked. They’ve stopped buying and started unloading everything.
While such fear-based actions are understandable psychologically, they’re usually huge mistakes. If you manage your financial portfolio poorly right now, you’ll soon end up in the poor house.
That’s why I’ve set you all up with my five tools for beating choppy markets.
With these tactics at your side, you’ll avoid mistakes, turn turbulent markets to your advantage and sleep in peace.
And today I want to give you another option.
Millions of investors dedicate a portion of their portfolio to gold or some other precious metal as a hedge – as “insurance” – against trouble in other markets.
Now, some of these folks go overboard, and you probably know a “gold bug” or two. But at its base, this is a sound strategy, because precious metals generally aren’t effected by the ups and downs of the stock market.
This isn’t a “gold service,” however. Our interest is in tech.
So let’s spend today investigating what I think of as “the gold of tech.”
Not only can you use this investment as a hedge, but big banks, credit card companies and other financial players are beginning to eye the technology behind it as way to disrupt the $500 billion payments industry.
If that upheaval in payments transpires, this “safety” play could soar triple digits or more in the coming years.