Last week, I told you that my colleague Jimmy Butts and his team over at Capital Wealth Letter just released their latest annual report of “shocking” predictions for 2023.

We plan to cover these predictions in more detail in the weeks ahead. But first, I wanted to sit down with Jimmy and hear more from the man himself. Below, we’ll learn more about Jimmy’s background and where the market currently stands. We’ll also get a special peek at some of his big predictions for 2023 — and how we can profit.

Jimmy, we don’t often get personal around here. But I want to ask… Did you ever see yourself ending up doing this for a living?

For years I saw myself living in a high-rise overlooking Manhattan. I’d work endless hours, make grips of cash, come home late at night and sip on a glass of bourbon while peering through the window into the city below. All while becoming someone who commanded respect on Wall Street.

Part of me wanted this life. Ironically, I only envisioned myself in this life until I had enough money to live out the other side of the battle raging inside me. The one where I lived in solitude near the mountains. Enjoying life with friends and family, and for nobody to even know I had built generational wealth.

I have been in the middle of the hustle and bustle of Wall Street. I have seen the lives that the ultra-wealthy live. As a younger man, I thought that’s what I wanted. But the truth is… I wouldn’t last a month.

Money and prestige don’t make me happy. Yes, not worrying about money is nice. I don’t have to think twice about the $150 it takes to fill up my gas tank or spending hundreds of dollars on a nice dinner. I know others aren’t as fortunate.

But the part of me that wants to build wealth anonymously has won the battle. In a world where many openly share their lives online, I want to quietly shrink into the shadows. My two investment advisories — Capital Wealth Letter and Maximum Profit are my only ventures open to the public.

You won’t find me on Facebook or TikTok. I don’t have a YouTube channel. Of course, social media is an excellent way to build a following. But it’s just not for me. I like my privacy.

Longtime readers have perhaps noticed that I don’t talk much about my personal life. The way I see it, they didn’t subscribe to read about my personal escapades. They’re here for stock picks.

But I retreated to the mountains over the holidays and spent some time thinking about the things I’m grateful for… Enjoying time with my family and a couple of close friends. Grateful for my loyal readers. They make it possible to do what I do. Thankful for my health and the health of my family. And I’m also grateful that the windows I peered out of over the holidays weren’t spent alone overlooking the bustling streets of Manhattan. Instead, they looked like this:

A few weeks ago, we discussed how the Capital Wealth Letter portfolio held up in 2022. Now that the year is officially over, what’s the verdict? Are you happy with how things turned out?

Well, the S&P 500 lost 18.1% on the year. So, I’m not going to sugar coat it. It wasn’t an easy or pretty year for us or investors at large.

If you remember, a year ago when we spoke, I pointed out that Wall Street analysts were quite bullish on stocks heading into 2022. Many were calling for the S&P to deliver 10% returns on the year. Looking back, that looks pretty ridiculous. And I even said so at the time:

Now, I hope they are right, but I’m a bit more concerned. To be clear, I’m not a doom-and-gloomer. But there are certainly warning signs that indicate that we could be in for a very rude awakening – with the elephant in the room being the ending of the Fed’s massive money printing “experiment,” and the eventual hike in interest rates.

With 2022 officially in the books, I can report that the Capital Wealth Letter portfolio did beat the S&P 500 by nearly 10 percentage points.

We had a number of big winners last year, but also some duds (we talked about both the other day). But our diversified portfolio held up pretty darn well, considering some investors are facing 2023 having to recover from a nearly 20% loss.

We’ll get to your predictions for 2023 in just a moment. But what about the broader market? Are you bullish?

I’m not sure what 2023 has in store for us. But one thing I know is that the S&P 500 very rarely stacks losing years back-to-back. The last time was the dot-com bubble when it lost 10%, 13%, and 23% in 2000, 2001, and 2002, respectively.

Before that, you have to go back to 1973 and 1974 for two consecutive down years for the market.

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Whatever the market does throw at us, we will be ready and take advantage of any opportunities that come our way.

That said, as you mentioned, we just released our own predictions report – which focuses on specific opportunities rather than the larger market. And there will be more than a few chances to score some big wins.

Tell us a little about your annual predictions report for 2023. And what’s the best way for investors to handle these ideas?

Our goal with this report is to uncover potentially life-changing investments. To succeed with this, you’ve got to be forward-thinking… and be willing to go out on a limb.

We all know the pace of innovation is rapidly accelerating these days. We’ve got that covered in the report. But rare events also tend to “shock” the market – or the world, for that matter. You’ll find that, too.

With this report, we’re trying to get ahead of the curve by anticipating these things as best we can. That’s the first step. Then, we ask ourselves, “is this investable?” If the answer is “yes,” then that’s right where we want to be.

If just a couple of the predictions in our report come true, they could make a lot of money for investors. Here’s a brief taste of just some of our predictions this year…

• We predict the U.S. dollar will weaken in 2023, causing emerging markets to soar… It’s a reversal of last year. Last time we saw this setup, emerging markets jumped 79%.
  
  
• The world’s first cancer vaccine will be developed — and we know how to profit. The team behind this lifesaver will be able to name their price…
  
  
• A big prediction about the future of the U.S. EV industry…
  
  
• Driverless 18-wheeler trucks will hit the highways in 2023. (We have a handful of ways to profit from this one…)
  
  
• Psychedelic “magic mushroom” stocks will blow investors’ minds. I know it sounds crazy, but when you read how they treat depression… addiction… PTSD and more, you’ll see how these companies are about to hit paydirt.

And that’s just a taste, mind you. There’s more where that came from.

Now, I want to make one thing clear… You shouldn’t bet the farm on these ideas. We don’t expect to get everything right. But there’s a smart way to play this…

All we have to do is be in early on a couple of ideas before the rest of the crowd to make some truly spectacular returns. My advice would be to take a look at our predictions. If you agree with a few of them, consider doing a little dollar-cost averaging. Remain patient and ride the winners over time to (hopefully) a massive windfall.

Go here to learn about my latest set of investment predictions for 2023 now.