Archives for July 2018

July 2018 - Page 16 of 18 - Money Morning - Only the News You Can Profit From

Double Your Money on AMZN Stock at a Fraction of the Cost

Amazon.com Inc. (Nasdaq: AMZN) is one of the most popular tech investments of all time, having skyrocketed nearly 99,000% in the last 20-plus years.

However, buying a stock trading around $1,700 per share is a tall order for a lot of investors.

It's a shame because the trend for a category dominator such as this is not over by a long shot.

And that's why we're showing you today how to double your money on Amazon stock without having to buy a single share...

When This Stock Triples Your Money, Thank... Congress?

When Congress passed the Dodd-Frank Reform Act earlier this year, a lot of skeptics thought it was like lighting the fuse for the next big blowup.

Look, I understand where the skeptics are coming from. Given enough rope, bankers will inevitably hang themselves in search of an extra percentage point of return. Which would be fine, if their stunts weren't a mortal financial danger to the rest of us, too.

But I'll show you that just isn't the case. The new law didn't leave them anywhere near enough rope.

There is no one on the planet who keeps a closer eye on bankers than I do. After all, I have a lot of my own money – and, more importantly, my wife's "I will kill you in your sleep if you lose my money" IRA account – invested in bank stocks.

If I thought for a second that the Dodd-Frank Reform Act would hurt the banking sector, I'd run for the hills.

But it isn't, and knowing how it works could be hugely profitable for you. In fact, I've already found a banking stock primed to surge now that the new law is in place...

Here's Our Bitcoin and Crypto Outlook for 2018

David Zeiler and I have known each other and worked together for 20 years now. We worked together at The Baltimore Sun, and I hired Dave here when I helped launch and then ran Money Morning.

We've become good friends.

I've become one of his biggest admirers.

Indeed, I even started a kind of "running gag" with Dave on Twitter, where we're both active users. Anytime I see Dave post something substantive about Bitcoin or other cryptocurrencies, I "reply" with some variation of this tweet:

#Attention: If you aren't following @moneymorning #cryptocurrency editor @DavidGZeiler, then you really aren't following #bitcoin or #ethereum or the #blockchain. Dave is a #mustread/#mustfollow expert on #cryptocurrencies.

Here's the thing…

While I admit that this is a "running gag" between us, what I'm actually saying is no joke.

No joke at all.

In just a few short years, Dave has become one of the most prescient, most widely read chroniclers on cryptocurrencies. He's part of the amazing "bench" that Publisher Mike Ward has built here at Money Map Press – and underscores why we're "investment idea leaders" in areas like technology, cryptocurrencies, energy, medical marijuana, options trading (and trading systems), and wealth creation.

That's why I invited David to talk specifically about Bitcoin and cryptocurrencies.

Dave amassed his expertise the "right" way – through immersion. He was one of the early Bitcoin "miners" – back when it was still possible for an individual investor to be a go-it-alone cryptocurrency prospector.

Since then, as an Associate Editor at Money Morning, Dave has become one of the industry's foremost writers/analysts about all things related to cryptocurrencies.

And he's made some stunning calls along the way.

In early 2016, when Bitcoin was trading at $450, Dave predicted – on the record – that the crypto coin could zoom to $2,000 – and then go higher from there.

Much higher.

As we know now, Bitcoin did soar – just as he predicted. It zoomed past $19,000 before the crypto market collapsed.

When we last talked to Dave, it was during the big Bitcoin sell-off early in the year.

As part of the activities here at 2018's midpoint, I thought Dave would offer some terrific insights about what to expect in the last half of the year.

He didn't disappoint...