A Crash-Proof Way to Bank 13% a Year
Michael Foster, Investment StrategistUpdated: August 8, 2017
If you’re worried that you’ll struggle to profit from stocks for the next few years, you shouldn’t. There are still plenty of outsized gains waiting to be had—and today I’m going to show you exactly how to get in on the action.
First, we need to talk about what’s making stocks harder to invest in these days. It boils down to two points:
- Valuations are high.
- Interest rates are rising.
When stock valuations rise too far, they inevitably come back to earth. The S&P 500 is now trading at a price-to-earnings ratio of almost 25—the highest level in a generation except for two other times: 2000 and 2007.… Read more