Moonshot Alert (PRO) # 29: Three strategies to make money in a down market 📉
& four principles to keep in mind
Hello everyone -
Times are tough and the markets are still suffering from the events of the last few weeks.
It seems there’s widespread agreement that we’re now officially in a bear market - a prolonged period of lower prices.
Most pro-growth assets have been through some correction.
The Nasdaq - a selection of large mostly internet businesses - is down 30% to date.
Amazon is down nearly 60% from its high. ARK Invest - a proxy for the fastest-growing innovation businesses in the world - is down 70%.
But even the overall stock market is down nearly 20% from its high. Gold is down 10%. Long-duration bonds are down 30%.
From the looks of it, it seems like everyone is losing money. Even cash holders lose double digits to inflation per year now.
I’m not going to lie - it’s in times like these that a lot of people stop investing altogether.
They think they’re never going to make their money back, that it’s lost and that the future is grim. That sentiment is shared both in stock markets and crypt…