Navigating Today's Market Sell-Off!

February 24, 2020

There’s no sugarcoating today's market selloff.

Today was an ugly day in for everyone's investment account, 401k or IRA.

We know days like today will happen, but it's still never fun when they do.

It’s painful when you look at the big red numbers the mainstream media like to show every few minutes.

It's going to take some time for the broad market to sort itself out.

After it does, there will be a lot of opportunities.

In times like these, I use a trick I learned on the floor: I put a piece of electrical tape over my PnL — profit and loss statement.

This helps block out the noise and control your emotions.

Even after a bad day, the best traders show up the next day eager to see what opportunity may come to them.

Emotional traders and money managers stand to get burned in the short term.

The key is not to get frustrated and make rash decisions.

Remember, in the long run, strategic buy, manage and hold will beat the market and create wealth.

So, remain patient and trust the process.

At Wealthy Tech Investor, I promise to navigate you through any market and come out on top.

Despite all the red, our newest tech stock position in Zoom Video Comm (ZM) closed 3% higher.

That's a 36% gain from our January 15, 2020 entry date.

Joshua M. Belanger
Joshua Belanger is founder of CounterVest and the editor of Hot Money Trader. He has been providing ordinary investors blockbuster returns since 2008. In 2018, the average return of Hot Money Trader beat the markets by over 15%