Been there, done that⦠several times... Been there, done that⦠several times...
                                                                                                     [Wealth Daily] Alexander Boulden / Jan 22, 2024 The Unwanted Financial Guest That Never Leaves Editor's note: I want to share with you an article that Angel Publishing Founder and President Brian Hicks published at the height of the COVID pandemic in March 2020. You see, since 2020, there have been two major market crashes. The first one started in February 2020 when there was speculation that a deadly virus was sweeping across the world. The stock market crashed 30% in two months. The second crash is also called the crypto crash, which brought down the entire market. And in both cases â Brian was a buyer. He believes stock market crashes are to wealth creation what oxygen is to fire. Both were opportunities to buy quality stocks at fire-sale prices. Brian says itâs literally how lifetime fortunes are made. Afterall, scared money donât make money. Make fear your friend. Read on to see how Brian's predictions were spot-on. And if you want to hear more from Brian, he just launched a brand-new newsletter called the R.I.C.H. Report, where you can follow his investing journey to retiring wealthy. [He's got a special offer waiting for you right here if you join today.]( Best, Alexander Boulden --------------------------------------------------------------- Dear Reader, For some of you, this is your first financial/stock market crisis. So let me calm you down and show you how this is another generational buying opportunity. Been There, Done That⦠Several Times I started in the investment advisory business in 1994. There was a recession that year. I was 25 years old with a new wife and a child on the way. I thought to myself that I couldnât have picked a worse time to enter the stock market. But as it turned out, it was actually the best time. You see, thereâs an old saying in the stock market: Donât confuse brains with a bull market. Basically, it means a monkey can make money in a bull market. But it takes real intelligence, instincts, and courage to make money when youâre swimming upstream. And thatâs where we find ourselves today. And Iâm also here to tell you we are in the middle of a great opportunity. Let me explain. In my 26 years in this business, I have experienced â and survived and thrived in â many financial disasters. They include, but are not limited to⦠- The dot-com boom and bust. (How crazy was the dot-com boom? The Nasdaq was up 84% in a single year.)
- The terrorist attacks on 9/11.
- Oil going from $25 a barrel to $150 a barrel (peak oil).
- The housing bubble and bust (mortgages given to the unemployed and homeless).
- The financial crisis of 2007â2009. (The worst financial crisis of my career. I was genuinely terrified.) And in between these crises, Iâve experienced many other, lesser disasters/crises like the Asian currency crisis, Russiaâs default, the Afghanistan and Iraq wars, the Long-Term Capital Management default, the Enron scandal, the GM bankruptcy, the SARS scare in 2003, the swine flu epidemic in 2009 (approximately 151,700â575,400 deaths worldwide during its first year of circulation), MERS in 2012⦠and too many more to keep listing. The "Horseshoe Well" Is Set to Reshape the $4 Trillion
Oil Industry A new drilling technique is sending shock waves through the American oil patch. The Journal of Petroleum Technology says this revolutionary method is "a design unlike anything most have seen in the shale sector before"... And itâs set to kick off a wave of profits that could make the fracking boom look like childâs play. [Iâve documented all of my findings here for you to check out.]( In every single case, the mainstream media said, âItâs different this time.â They said it was the âend of the worldâ⦠âWe will never recoverâ⦠âThis will change everything going forward.â Itâs as bad when you hear a politician or an activist say, âI want to change the world.â In every single case, they were wrong. They are saying the same thing now with coronavirus. And again, they are dead wrong. In terms of market sell-offs, weâve been through much, much worse. Take the example of the tech-heavy Nasdaq during the late 1990s. After bubble-peaking from an 84% gain in 1999, the index completely starched out with a loss of over 50% in just nine months. And then after 9/11, the Nasdaq would lose a bowel-shaking 80% from its all-time high just 18 months prior. Hereâs a chart of that period for the Nasdaq: [nasdaq] Imagine having $100,000 invested in stocks at the end of 1999, only for it to be valued at $20,000 2½ years later. To give you an example of what that would look like in todayâs market, the Dow would have to drop to 5,880⦠losing over 23,000 points. Thatâs not going to happen. You can quote me on that. And Iâll explain why in a minute. But first, let me explain why the next crisis â just less than two years after the dot-com bust â was a generational buying opportunity. The terrorist attacks on 9/11 were so bad the markets were closed for nearly a week. And on the first day of trading after 9/11, the market fell 684 points, a 7.1% decline, setting a record for the biggest loss in NYSE exchange history for one trading day. At the close of trading that Friday, ending a week that saw the biggest losses in NYSE history, the Dow was down almost 1,370 points, representing a loss of over 14%. The S&P 500 lost 11.6%. An estimated $1.4 trillion in value was lost in those five days of trading. Major stock sell-offs hit the airline and insurance sectors, as anticipated, when trading resumed. Hardest hit were American Airlines and United Airlines, the carriers whose planes were hijacked. We are seeing almost a carbon copy sell-off in the exact same stocks. [URGENT: This Parcel of Land Could Gift You Half a Million Dollars]( [JMT Buried Under the Land Image](In a remote corner of North America, a team of geologists and explorers just found something truly amazing. Mining experts call it the last GREAT gold discovery on Earth. And if you invest in the tiny firm that owns this land â before Big Tech and Wall Street investors catch wind of it on March 31... You could turn $10,000 into over $500,000! [Get the lowdown on this urgent gold opportunity right now.]( The Financial Aftermath American Airlines stock dropped from a $29.70 per share close on September 11 to a $18 per share close on September 17, a 39% decline. United Airlines stock dropped from a $30.82 per share close to $17.50 per share on the close on September 17, a 42% decline. Similar steep declines hit travel, tourism, hospitality, entertainment, and financial and banking stocks as a wave of temporary fear and uncertainty swept through the nation. Among the financial services giants with the steepest drops were Merrill Lynch, which lost 11.5%, and Morgan Stanley, which dropped 13%. Insurance firms reportedly eventually paid out some $40.2 billion in 9/11-related claims. Among the biggest losers was Warren Buffettâs Berkshire Hathaway. Most insurance firms subsequently dropped terrorist coverage. The economic fallout of 9/11 is the same as what we are experiencing with coronavirus. But itâs different. 9/11 would sow the seeds of the triplets of misery just a few years later: oil bubble, housing bubble, and financial assets bubble. You see, in the wake of 9/11, the Feds pumped hundreds of billions of dollars into the economy (coupled with cutting interest rates to the bone). Easy money and even crazier easy lending gave birth to the housing bubble. It was so bad that the unemployed and homeless were getting mortgages. When those, ahem, adjustable-rate mortgage bills came due (with the addition of higher interest rates), markets went âno bid.â In other words, when you went to sell your house, stocks, fixed credit, anything, there were no buyers. There was literally no market. And this was the brutal result: [dow] The Dow lost over 50%. Ninety-nine percent of the public didnât know it at the time, but we were 24â48 hours away from a complete freeze on savings in the banks. Even to this day, I shudder at the thought of what couldâve happened. We were on the edge of a global meltdown. But⦠The Feds came in and backstopped everything (with the exception of Lehman Brothers). Thereâs a saying on Wall Street: âDonât fight the Fed.â And I donât Why? AI Fuels Secret $50 Billion Opportunity Using artificial intelligence, a small company just made the most significant breakthrough in medical history. Weâre talking about a revolutionary approach to inventing new medicine thatâs up to 10 times faster than traditional drug discovery... Cuts development costs by as much as 80%... And is igniting what Morgan Stanley predicts to be a "$50 billion opportunity" for investors. [Check out all the explosive details here.]( Because in every single crisis, the Fed has come in to save the markets. This time is no different. This is another generational buying opportunity. Right now stocks are selling at fire-sale prices. Can they go lower? Of course. Probably will. But I can guarantee that five years from now, those stocks and the markets will be much higher. My company has always been an unconventional investment firm. We look at opportunities most investors never think of⦠and Wall Street pros are too scared or too stupid to invest in. Right now I have a list of REITs whose dividend yields are now well above 11% and going higher with each daily sell-off. These REITs and their dividends will allow me to live a luxurious life in the years to come. And I want you to be able to do the same. So let me repeat: This current market sell-off is also an opportunity. And sometimes these opportunities hit you when you least expect it. Yesterday I was at the Dunkin drive-thru getting a coffee. I paid with physical money and I got physical change back. And it dawned on me that the cash I just received could get me sick. Money is filthy. You think crypto and other âcashlessâ stocks arenât going to go gangbusters after this crisis ends?!? Everything is on fire sale, including for cruise line, hotel, and airline companies. The U.S. government is going to back them with whatever they need. The U.S. government announced a $1.5 trillion package yesterday... and said this is just the first pitch in a nine-inning game. Sometimes itâs just that easy. If you have the courage and patience. Crisis equals opportunity. In my 26-year career, Iâve never seen one that didn't. Think about this: Coronavirus will eventually end. Maybe this year. But we are still dealing with the aftermath of 9/11. We will get through this with flying colors. The Fed and U.S. government are going to throw everything at this. Donât fight the Fed. So relax. Oh, and by the way, hereâs what some stocks did between 9/11 and now: - Amazon +24,600%
- Apple +18,200%
- Nvidia +6,600%
- Regeneron Pharm +1,100%
- Netflix +36,700% Wish you could go back in time and buy those? Youâll say the same thing five years from now. Your herd leader, [Brian Hicks Signature] Brian Hicks [[follow basic]Check us out on YouTube!]( Brian is a founding member and President of Angel Publishing. He writes about general investment strategies for [Wealth Daily]( and [Energy & Capital](. For more on Brian, take a look at his editor's [page](. [Feedback? get in touch](mailto:/newsletter@wealthdaily.com?subject=Wealth%20Daily%20feedback) [Read this email online]( [Manage Newsletters]( [Share on Twitter]( You signed up for our newsletter with the email {EMAIL}.
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