Good morning. Historically, markets tend to see a volatile September and October. And it’s going into late October when markets can have their worst daily swings. The good news? After this week, markets have historically calmed down. And they’ve tended to move towards a year-end rally.
With a busy week with such economic data points as retail sales, housing, as well as some big-name companies reporting earnings like Tesla (TSLA)and Netflix (NFLX), don’t let this week’s market volatility scare you out of stocks right before a year-end rally. Earnings season should also give traders some opportunities on both sides of the market this week.
Now here’s the rest of the news:
4 IRA Mistakes That Could Destroy Your Savings Retirement account rollovers and distributions are a complex and stressful topic. We’ve collected the four major mistakes that could shatter your nest egg – and here’s how to avoid them… [Read Here]
The True Cost of a “Cashless Economy” Both the U.S. and the world are moving toward cashless economies. Economists tout the many benefits of the death of cash. Today we explore the hidden costs of such a move, and find them a lot steeper than you might think… [Read Here]
October 17, 2022
Interest rates have been rising at their fastest level in 35 years. Coming off of zero percent, rates are up nearly 2.5 percent in a matter of months. That’s faster than rate hikes in 1994 and 1995 that led to a big market drop. And it makes the pace of the 2015-2018 rate hikes seem slow by comparison.
With last week’s inflation data, a further increase of 0.75 percent is baked into the cards for the November Fed meeting. That will further increase the overall speed of the current rate hikes. And it pushes out the likelihood of a pivot away into 2023.
That suggests markets will remain volatile in the months ahead, even as we get past the autumn months that are historically the worst for markets. That may mimic the 2018 bear market, which saw its low right at the end of the year.
Now here’s the rest of the news:
The 4 Best Reasons to Buy Gold Right Now It’s not that often that gold gets some exposure in the mainstream media, especially during a rout. So when it does, it’s almost our duty to mention it. This recent article breaks down… [Read Here]
October 17, 2021
Here’s to a better YOU … and now … Today’s DarrenDaily Recap Sunday. A collection of the weeks videos from Darren Hardy. Enjoy!
Describing its beauty!!! Boats on a summer day in Peggy’s Cove, Nova Scotia, Canada
October 17, 2020
“No one ever made a decision because of a number. They need a story.”
The Survival Organ
The human brain is a survival organ. Its purpose is to keep us alive. It generally does a pretty good job, seeing as we are alive now while we read these tips.
The brain has automatic programs, such as fear, to keep us safe.
Unfortunately, the human brain is not a good “thinking organ.” It hasn’t mastered that yet. We shouldn’t talk to the brain with facts.
Our brains prefer to learn through stories. Stories rock!
Ask ourselves, “How much of our factual presentation can we turn into stories?”
Look at the top leaders. Most of them are great storytellers. That could be a hint.
October 17, 2019
Happy Thursday to you!
Ready for some major motivation to kick butt, take names, and chew gum?
Here are the 11 questions you need to answer:
There’s no good time. Now is the time. What are you waiting for?
Put out your best material. For free. Do you want to be SHARED or SCARED?
YOU may be your biggest obstacle. What would happen if you got out of the way?
Stop STARTING things and get more into DOING. What can you DO today — right now?
A few may wish to see you fail. A lot more are rooting for your success Where is your attention?
Forget the word vision. Better: What do you SEE in your future?
You’re aiming too low. How can you elevate your sights, your fees, and your value?
Stop blaming others. It’s ALL your fault. Move on — what’s next?
A bend in the road is never the end — unless you fail to turn. Where do you need to turn?
It’s not what you think it is. And it’s bigger than you think it is. Why not embrace that?
There are no silver bullets, secret sauces, or magic beans. Now what’s your plan?
What you need is a healthy dose of reality from those 11 answers — and we’re here to help. 😉