If all you did was look at the headlines, you’d think this is a terrible time to invest in initial public offerings (IPOs).
Just take a look at this recent riff from Forbes, “Why WeWork Won’t Work! – Hello Neumann!,” or Bloomberg’s announcement, “Endeavor Makes Last-Minute Call to Yank IPO as Conditions Sour.” Big time financial news is clearly in love with the idea that anyone getting hyped up for a big name IPO is just setting themselves up for disappointment.
On paper, that narrative makes sense.
WeWork’s attempt at an IPO saw an optimistic estimated valuation of $47 billion falling to less than $14 billion before the offering was abandoned entirely. The loss was so devastating that the CEO resigned over it.
Not only that, but Peloton Interactive Inc. (PTON) dropped 11.2% in its first day of trading on Sept. 26, a decline which, according to The Wall Street Journal, directly influenced the decision of talent firm, The Endeavor Group, to also put off its own new stock debut out of fear of poor market conditions.
But what the media isn’t telling you is that tech and life sciences firms are still IPO leaders. That segment of the market is actually doing quite well overall.
Last week, I was in Las Vegas presenting at the first annual retreat of our sister operation, the National Institute for Cannabis Investors (NICI). While I was there, I realized just how many investors need to know what’s going on with the markets and the economy, and how they can be prepared for whatever chaos gets thrown at them.
The fact is, the S&P 500 was down on Oct. 2, up on Oct. 4, down on Oct. 8, and up again yesterday. The situation is crazier than ever.
That’s why it’s time to buckle up and learn the tools you’ll need to protect your profits in a sideways market.
The key to staying afloat will be your skills at portfolio management. Inparticular, you’ll need two of my favorite techniques that are perfect for times like these.
See, I’ve been working away on a secret project that I consider to be the pinnacle of my entire career.
As I like to remind investors, the road to wealth is paved with tech. Of course, you can get there a whole lot faster with a savvy tech veteran like me carefully hand-picking best of breed winners.
And the culmination of my work on this secret project has helped me get there.
That’s because what I’ve come to call the Rule of 40 is set up to pinpoint little-known firms with potentially unlimited upside. I’m talking generational-wealth targets, exclusively.
Now, every single company, when it’s in early-stage development, experiences a single, definitive moment I call its pivotal threshold. That determines if a stock could explode many times higher, or not.
And what the Rule of 40 does is tell me exactly when a firm could hit that threshold, or miss it completely.
Powerful venture capitalists, including the likes of Amazon’s Jeff Bezos, Tesla owner Elon Musk and PayPal founder Peter Thiel, use this secret to collect billions of dollars.
But this is the first time I’m making this secret publicly available to regular Americans.