I recently shared a story with you folks here.
A personal story.
I told you how my older daughter, Jordan, a college senior, is working on a school project paper trading a $100,000 portfolio focused heavily on tech stocks.
And that story led to a lesson in moneymaking. In honor of Jordan's rightful suspicion of anything her "old man" tries to teach her, I dubbed it "The Skeptic's Guide to Tech Investing."
Today I've got another personal story. This one is about my younger daughter – and it also comes with a lesson.
This lesson requires we do something painful.
We've got to take a close look at the past few days' extremely rocky markets… the down days we've seen in the tech-heavy Nasdaq Composite… and the news-driven shellacking served up to the likes of Facebook Inc. (Nasdaq: FB) (privacy concerns), Amazon.com Inc. (Nasdaq: AMZN) (a presidential tweet-storm), and Nvidia Inc. (Nasdaq: NVDA) (the fatal self-driving Uber crash).
But after we do that, we'll be able to "see through" all the headlines about "tech" dragging down the rest of the market.
There we'll find three huge profit opportunities that are going to come out of these volatile markets just fine.
Make these moves now…
Not a Pretty Picture
Like I said, my older daughter, Jordan, has become very interested in investing as she approaches the end of her undergrad year.
She shares that interest with her younger sister, Kendall, who loves poring over technicals. She has an artistic bent and likes the visual nature of charts.
I'll never forget the time I showed her a choppy one and asked if she'd invest. "No way, Dad," she said. "It's just too indecisive."
The chart I showed her is now lost to time, but it probably looked something like the Nasdaq chart since the start of the year…
I'm sharing this story because I think Kendall's response speaks volumes about the volatility we're seeing these days. Statistically speaking, it's almost a coin toss as to whether the market will be up or down on any given day.
But I hope you don't make a child's classic mistake and shut your mind to investing in stocks just because the Nasdaq's charts looks so ambivalent.
If you've followed along with me since the beginning of the year, then you already know I've been warning about a return to volatility on Wall Street.
And that's exactly how events have played out. Since the correction that began on Jan. 29, the S&P 500 has regained nearly half its lost ground – and then lost it again.
And it's done so in fits and starts. Consider that in the 36 sessions between Jan. 29 and March 20, the S&P had 17 winning sessions and 19 losers.
That kind of track record scares the daylights out of many, if not most, investors.
But it shouldn't.
In fact, right now is a great time to invest for the long haul.
The first step on your road to millions starts here: All you need is a computer or smartphone and just 10 minutes of "work" to potentially put $1 million in your bank account faster than you ever dreamed. Read more…
If you choose the right investments, you can turn all this volatility to your advantage. You can do so by buying when so many others are panicking – and add to your long-term gains.
Despite several global tech companies getting hit by bad news all at once, the road to wealth is still paved by tech.
So what we need now are great investments that take advantage of this powerful fact – and still help you sleep at night.
With that in mind, I want to share with you three great tech-focused exchange-traded funds (ETFs) that have a solid history of crushing the market.
With these three Volatile Market Winners, you'll be taking a targeted approach, but not have to worry that bad news will take down a single stock, as we've seen with Facebook, Nvidia, and Amazon over the past few days.
About the Author
Michael A. Robinson is one of the top financial analysts working today. His book "Overdrawn: The Bailout of American Savings" was a prescient look at the anatomy of the nation's S&L crisis, long before the word "bailout" became part of our daily lexicon. He's a Pulitzer Prize-nominated writer and reporter, lauded by the Columbia Journalism Review for his aggressive style. His 30-year track record as a leading tech analyst has garnered him rave reviews, too. Today he is the editor of the monthly tech investing newsletter Nova-X Report as well as Radical Technology Profits, where he covers truly radical technologies – ones that have the power to sweep across the globe and change the very fabric of our lives – and profit opportunities they give rise to. He also explores "what's next" in the tech investing world at Strategic Tech Investor.