Are You a Trader, or an Investor?

Yesterday, I told you a little about my background and why I like to invest in smaller startup companies with long-term money-making potential.   So, today, I thought I'd expand on my investing philosophy and tell you why I've adopted a longer-term view of the market. After all, it's important for you to understand what kind of strategist I am right off the bat. I want to start by making an important distinction between an investor and a trader. A trader looks at the technical aspects of a stock. They're interested in things like price action, volume and a variety of different indicators.   I love traders. Some of my closest friends and colleagues fall into this category, and many of the people I interview in Midas Letter like to implement shorter-term strategies. And let me tell you, they make a lot of money in the process. But I'm an investor. I take a long-term approach to the stock market and pay attention to fundamentals (Warren Buffett is most famous for this style of investing). So, I pay attention to the intrinsic value of a company or sector and the staying power that it has within its industry. I've adopted this view because I believe the future is going to be increasingly more difficult to survive in — both existentially and financially. If you look at where we're at in the world today, the long-term indicators correlating to our resource production and global consumption have crossed. And there's no putting that genie back in the bottle. As a result, resources are going to become infinitely more valuable as they become increasingly scarcer. Now, I'm not a doomsday prepper. But I have started to think about what the world is going to look like in the future and what I can start doing in anticipation of it. I recently bought a large farm that I've now started to restore, and which I plan on outfitting with solar panels. That way, I'm not reliant on an electrical grid. I'm also going to start growing my own fruits and vegetables and raising my own livestock. In other words, I've started taking steps to become more self-sufficient should the world go to hell in a handbasket. And if it never happens — great! But if it does, I'll be prepared. This is the same mindset I have when it comes to the stock market. I like to plan for things that could happen long into the future versus focusing solely on what's happening today. Yes, short-term trading is absolutely the way to protect your financial health in the here and now. But I want to have a long survival rate, and for that, I stick to stocks and trends that I believe have generational staying power. That's why I'm so bullish on areas like technology, medicine, crypto and commodities. These are the industries that have high growth potential and will be crucial to our survival in the future. And if I can find a promising startup or small-cap company within one of those sectors? Well, that's just icing on the cake. Not only is that business right at the beginning of its growth cycle, but it's also participating in an industry that's constantly innovating the way we do things. And in my experience, anything that makes people's lives better, easier or more convenient inevitably gets adopted. With that thought in mind, I want you to keep an eye on your inbox. Tomorrow, I'm going to tell you about one area of the market that I believe will absolutely flourish over the next few years — especially in a post-COVID environment with extreme amounts of stimulus flooding the global economy. In the meantime, remember to like and subscribe to my YouTube channel, where I regularly post new interviews and investment ideas that you can take advantage of. I also upload content to our dedicated Midas Letter website, which I encourage you to check out when you have the time. There's a ton of great information there that you don't want to miss.      James West Midas Letter A Fortune Research Publication Disclaimer: The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein. Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment. Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit wealthpress.com/terms for our full Terms and Conditions.

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