One of the saddest things I see is when a hardworking couple is tricked into trusting their money to a mutual fund. All this couple wants to do is follow the advice they’ve heard all their lives in order to provide a secure future for a family, yet their money is in danger.
Right now, your money could be danger too.
That’s because there are 3 things pushing us closer and closer to extreme volatility…
If you just took a snapshot of the way the stock market has performed over the month of October so far, you’d think it was skyrocketing! But, as is normally the case, things may not be exactly as they appear.
There are 3 things pointing towards uncertainty and volatility, and if they pull the market down, they’ll be pulling the cash in mutual funds down as well.
Here are the reasons why you should be scared for your money…
1. China
China has a huge impact on the global economy, and it appears to be in some trouble right now. In fact, Chinese economic growth just fell below 7% for the first time since 2009.
That’s the sort of news that can cause real damage, even all the way across the world in the U.S. stock market.
2. Rates
The Fed seems to be doing the hokey pokey with interest rates, by putting interest rate hikes on the table, then taking them back off, then on again, off again, etc.
This action has done nothing but promote volatility, yet they continue to do so as they now focus on possible hikes in December.
3. Earnings Season
“Earnings reports” are just another synonym for “volatility” if you ask me.
We’re just settling into earnings season, and we’ve already seen some big-time movement on earnings news in both directions. A traditionally volatile time looks like it’s going to be even wilder.
But there’s also a way to MAKE money on the back of this volatility, and that’s what our recommendation services, like Midas Wave Alerts, do.
