My mission and vision with my new Total Wealth publication is to help you uncover tremendous wealth-building opportunities through our six unstoppable trends, maximize your profits with the best trading tactics, and (perhaps most importantly) protect what you have.
Today I want to keep that promise by talking about investing strategy.
Many investors think they have this covered but, in reality, the savviest investors are always on the hunt to learn new tactics in the pursuit of profits. Like a chef who discovers new ingredients, they are constantly improving the "recipes" they use for success.
Before we start, though, I need you to make me a promise: that you will NEVER use this one trading tactic we're going to talk about today.
Ironically, this is one tactic that comes naturally to all of us and is a mainstay investment principle used by 99% of the population.
But it undercuts everything else you do as an investor.
I'll be right up front. What I'm about to say may make you uncomfortable. Believe me, I get it. I'm hesitant to bring this up because it could easily be taken out of context.
But I will anyway for one simple reason – because if you understand the implications of what Wall Street doesn't say about this tactic, then you can better interpret what it does say and, more importantly, use that information to create bigger profits. And you will never hear this from Wall Street or your broker… because it's not in their interest to share it with you.
The Worst Investing Strategy Revealed
Back in 2006 I came across a study in Psychological Science that was as profound as it was politically incorrect, at least on the surface, anyway.
The implications are pretty striking, so you'd think Wall Street would be all over it but, sadly, they're not. (Given that they're out for their own interests, that's no real surprise.) I've only seen it mentioned once in the years since, by Ric Edelman, chief executive officer of Edelman Financial.
Here's what it says.
About the Author
Keith Fitz-Gerald has been the Chief Investment Strategist for the Money Morning team since 2007. He's a seasoned market analyst with decades of experience, and a highly accurate track record. Keith regularly travels the world in search of investment opportunities others don't yet see or understand. In addition to heading The Money Map Report, Keith runs High Velocity Profits, which aims to get in, target gains, and get out clean. In his weekly Total Wealth, Keith has broken down his 30-plus years of success into three parts: Trends, Risk Assessment, and Tactics – meaning the exact techniques for making money. Sign up is free at totalwealthresearch.com.