I Called the Bottom in 2009, And Today…

Advertisement

In March 2009, I was working in Manhattan at my investment advisory firm and writing newsletters. At the time, I was also a regular guest on Fox Business prior to signing a contract with the network.

You would think all things in my work life were good. I was busy doing what I love and had multiple streams of income. However, everything that I did – including in my free time – revolved around the stock market.

Heading into that month, the S&P 500 had lost over half its value, and there appeared to be no end in sight. Nearly everyone had given up on stocks… and investing in general. The bears and doomsdayers were everywhere. You could not turn on the TV, open the internet, or read a newspaper without hearing about “the end of Wall Street.”

Against this backdrop, my contrarian view on investing hit its peak during the first week of that March. I realized some companies would go bankrupt – but at the same time, if I followed a smart bear-market roadmap, there was an opportunity to buy good stocks at prices I knew we may never see again.

That is why I went on Fox Business on March 6, 2009 and unveiled my Andrew Jackson Portfolio.

The portfolio consisted of nine stocks. You could have bought one share of each company and it would have cost you less than $20 in total! I called it my Andrew Jackson Portfolio because America’s seventh president dons the front side of the $20 bill.

A few things happened that day. For starters, I was laughed at and ridiculed by many of my peers who believed stocks would continue to fall. Also, the S&P 500 hit an intraday low of 666. That was the absolute bottom of the 2008-2009 financial crisis pullback.

I told viewers that of those nine stocks, there was a good chance a couple could go bankrupt and all would be lost. Even with that possibility, the upside potential of the group as a whole was too good to overlook.

The nine-stock Andrew Jackson Portfolio was up 721% as of February 19 – that is over 8X the original investment! By tossing as little as $20 into some true bargains, you’d have easily beaten the S&P 500 and most money managers and hedge funds. That’s the sort of approach I’ll be showing you again in a free webinar on Wednesday, April 1 – Part 2 of my Crisis & Opportunity Investment Summit.

What makes the Andrew Jackson Portfolio return even more impressive is that two of the nine stocks did go bankrupt!

There was a lot of luck involved in that the day I launched the Andrew Jackson Portfolio was the very day stocks found a low. I couldn’t have predicted the exact bottom or the exact day. However, I did see mass panic, and after endless research I realized that betting on the United States and on the fortitude of its people was a high-reward and low-risk strategy.

I feel the same today. The panic that has swept not only the nation but the world is unprecedented. People are sheltering in their homes, buying toilet paper like it’s gold, pulling cash from ATMs, buying up enough ammo for a small war, and selling all stocks regardless of the company.

This has created opportunities today that we may never see again. So we must act fast.

For example, I talked about Boeing (BA) in my MoneyLine podcast on Friday, March 20, when the stock closed the week at $95.01. Today the stock is $152 – a gain of 60%.

While you may have missed Boeing last week, I am sure some of my thousands of listeners were buying shares. And it is not too late. My list of stocks to buy is growing by the minute.

That is why this Wednesday, April 1 at 7 p.m. ET, I am going to sit down once again and discuss my road map of how to play this market.

I will also reveal my most important portfolio since the Andrew Jackson Portfolio 11 years ago.

I’m calling this one the Crisis & Opportunity Portfolio. And I am even going to give away one of the stocks for free that night. This stock is perfectly positioned to climb 1,000% or more over the next few years. Wednesday will be the first time I’ve shared it, so be sure to click here and RSVP now.

I know it is hard to fathom buying stocks when the headlines create panic and fear. I know it is hard to even think about stocks when you are worried about your health and the health of others around you.

I get it. But we will get past this, and life and business will get back to normal. When it does, you will once again be looking at your portfolio. It would be nice to be able to look back and know you bought into quality stocks selling at discounts you may never see again.

I look forward to seeing you this Wednesday, April 1 at 7 p.m. ET! Again, it’s totally free. You just need to reserve you spot by clicking here.

P.S. Please mark your calendars and plan to join me for Part 2 of the Crisis & Opportunity Investment Summit this coming Wednesday, April 1 at 7 p.m. ET.

I’ll lay out the exact steps you need to take immediately if you want the chance to safely and profitably navigate the stock market during these turbulent times.

I’ll reveal the reasons and the new research that proves one overlooked corner of the market could make you an absolute fortune regardless of what happens next. I was able to exploit this corner of the market for gains as high as 2,235%, 1,423%, and 1,502% in the years following the last financial crisis.

I’ll even share the name of one of my new favorite stocks that could easily soar 1,000% or more.

This live event will be 100% FREE to attend, with no strings attached. All you have to do is sign up here and you’re all set. The stakes couldn’t be any higher.

Matt McCall’s MoneyLine Podcast

Click here to listen to Matt McCall’s MoneyLine podcast! This week, Matt discusses the latest action in the market. While the market sold off on Friday, things aren’t looking too bad. Is the bear market done? Are there still great deals out there for long-term investors? Matt says there are.

You can subscribe to this podcast on iTunes, Stitcher, Spotify, or wherever you listen to podcasts.

Learn where Matt McCall sees
huge investment opportunities right now:

How to Make Huge Profits From the Shift to Transportation 2.0

The car as we know it is on the verge of a transformative change not seen since Karl Benz invented it nearly 135 years ago. In fact, the whole transportation sector is now poised for its version of 2.0.

I’m not exaggerating when I say this will lead to trillions of dollars in money sloshing around in the coming decades. What is coming will create one of the five biggest investment opportunities you’ll ever see in your life, no matter when you were born. Learn more here.

Why the Legal Marijuana Industry is Set to Grow More than 10-Fold

Marijuana has been outlawed most everywhere for decades… but now a wave of legalization is starting to sweep the world. This will create massive new markets and massive stock market winners. Learn more here.

How to Cash In on the Biggest Battery Breakthrough in a Century

The next big breakthrough in battery technology is an innovation that will have multi-trillion-dollar economic implications. I can tell you this mega innovation isn’t a matter of “if,” it’s a matter of “when,” and I believe it will go down as one of the greatest inventions of the 21st century.

Those on the right side of this innovation stand to build incredible wealth… just like people did from the creation of the internet and the smartphone. Think of this as your “field guide” for profiting from the next big battery breakthrough. Learn more here.


Article printed from InvestorPlace Media, https://investorplace.com/moneywire/2020/03/i-called-the-bottom-in-2009-and-today/.

©2024 InvestorPlace Media, LLC