Get Rich as Your Portfolio Collapses | by George Schneider, M.A. | Magnetic Newsletter Pro | Nov, 2024
Losing money is the quickest way to earn riches.
Losing money is the quickest way to earn riches. Wait, what? This may sound counter-intuitive at first. After all, most investors judge their success by how far their portfolio has grown in value, especially as measured against their favorite bench-mark, like the S&P 500 index.
Nobody really likes to lose money, Especially when a market correction lops 10% or more from your net worth.
But think of this for a moment: A crumbling in your portfolio value also translates to an amazing opportunity to increase your monthly passive income.
This is the true and meaningful silver lining to any stock market debacle. It is how smart investors get ahead of inflation and generate greater amounts of passive income with each and every market correction and crash.
Are you ready to profit from the coming crash?
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In order to get ready, it’s necessary to start accumulating cash now to deploy capital into stock at cheaper prices and accidentally higher dividend yields.