Why You Should Be Buying Into This Sell Off

Why You Should Be Buying Into This Sell Off

For many Americans, it seems like we’re in the middle of an economic crisis.

And I can’t blame them for feeling that way…

On Monday, we saw the biggest U.S. stock market rout since 2022… Japanese stocks saw their biggest crash since 1987... Bitcoin saw its worst performance since the FTX implosion in 2022. Even safe-haven assets like gold were in the red.

Abroad, many fear Israel’s recent assassination of the leader of Hamas in Iran could spark a wider war in the Middle East… Or even worse, a nuclear conflagration.

I know it’s hard not to feel fear and uncertainty in times like these. But my primary message to you is this: Don’t panic. We’ve been through this before.

If you were around in 1990, you remember the first Gulf War.

At the time – in terms of global impact – the economic effects of Iraq’s invasion of Kuwait were more severe than what we’re seeing with Israel and Iran.

Oil prices doubled virtually overnight. Interest rates were around 9%. And about a year later the unemployment rate was nearly double what it is today.

We were still feeling the effects of the savings-and-loan crisis that would end up costing taxpayers over $1 trillion (in 1990’s dollars).

Just like now, it was painful being an investor in 1990. I know because I was a young executive on Wall Street at the time.

We saw the market crash 20% from its July 1990 high to its October 1990 low. Talk about pain.

Here’s why I’m telling you this…

Over the past five years, I’ve helped everyday people win back decades of wealth they’ve lost from economic meltdowns like the dot-com crash… the Great Financial Crisis… and the COVID-19 pandemic.

And I’ve learned that you don’t panic and sell world-class assets during a crisis. Instead, you look for the opportunity.

Four Reasons Market Go Into Panic Mode