Wednesday, January 11, 2023

Defeat

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Manward Financial Digest
 

A Powerful Investing Tip for Times Like These

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Andy Snyder

Andy Snyder
Founder

We have a powerful investing tip. It's perfect for times like these.

Things are getting dicey out there.

The retail sector is waving a red flag. The big banks say stocks will fall and gold will rise. And Big Tech continues to lay off folks by the thousands.

It's as if our preppy lil' bull market stumbled into a rough-and-tumble biker bar... and scratched an old Panhead on the way in.

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But here's the thing. It's a lesson we had drilled into us in a former life long, long ago, back when we got paid to wrangle the bad guys.

"You need to walk into any room and know how to kill everybody in there," we were taught.

Harsh words, you may agree. Such an idea could get us canceled in 2023. We should be handing out hugs and participation trophies, not mulling all the ways we could defeat our enemies... right?

But that sort of logic makes sense only to the ill-informed.

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To the folks with a kernel of sense, it's clear we were being taught something more than just self-defense.

We were being taught a mindset.

Survival comes first. Always.

If we walk into a room and wonder about the drapes and the texture of the carpet first... we're setting ourselves up for trouble. There's time for that, sure. But safety comes first.

It's a powerful idea - incredibly powerful.

And it doesn't tie to just biker bars and public spaces. It's equally powerful when applied to Wall Street.

The Right Mindset

As investors, we must have the mindset that we can conquer anything that's thrown at us. We must prepare ourselves for victory no matter the situation.

If you're panicking because you need stocks to rise... you're in trouble.

If you're scared because interest rates are rising... welcome to hell.

If you can't sleep tonight because a single ticker symbol fell big this afternoon... have mercy.

You need to be able to walk into any room and know how to defeat all comers.

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Fortunately, it's a lot easier to do that on Wall Street than it is on Main Street. In the investing world, we have access to derivatives, gold, incredible diversification, inverse ETFs and even insurance.

Are you using them?

For most folks, the answer is no.

We met with one longtime retiree this week who was biting his nails because his 401(k) has plunged over the last year. It's his only source of real income.

He'll get pummeled if the bar starts to rumble.

If the market's current mess has you worried, focus on your mindset. Walk into the room with a plan for how to win no matter what happens.

If you do... you will.

Be well,

Andy

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Andy Snyder | Founder

Andy Snyder is the founder of Manward Press, the nation's premier source of unfiltered, unorthodox views on money and what it means for a free society. An American author, investor and serial entrepreneur, Andy cut his teeth at an esteemed financial firm with nearly $100 billion in assets under management. He's been a keynote speaker and panelist at events all over the world, from four-star ballrooms to Capitol hearing rooms.

 

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