It seems everybody is stumbling around in the darkness, trying to find the light at the end of the tunnel. A friend of mine was lamenting about the poor market performance. He mentioned that he threw some money into a bond ETF, and even that was losing him money. “Aren’t bonds supposed to... Read More
Jimmy Butts is the Chief Investment Strategist for Maximum Profit and Capital Wealth Letter, and a regular contributor to StreetAuthority Insider. Prior to joining StreetAuthority, Jimmy came from the financial services and banking industry where he worked as a Financial Advisor. There he specialized in providing customized retirement solutions for individuals. Jimmy graduated from Boise State University with a degree in business administration and finance. He also spent multiple years studying language, international business and finance in both Germany and Buenos Aires, Argentina. At one point he held his series 6, 63, 65 and 26 securities licenses. When he's not combing through financial statements or reading about finance, Jimmy enjoys being outdoors.
Analyst Articles
You may be surprised to hear this, but the big Wall Street firms don’t make most of their money from the stock market. When most people think of big trading firms and brokerage houses, they think of the stock market. And rightly so… ever since the New York Stock Exchange… Read More
Last month, the Fed continued to crank up interest rates another 75 basis points. The fed funds rate now sits in a range of 3% to 3.25%. And with inflation not abating as quickly as they’d like, we should expect more rate increases at their November and December meetings. Fed… Read More
How To Handle Market Turbulence The Right Way…
October 6, 2022
In Greek mythology, the priestess Cassandra was a daughter of Priam, King of Troy. She was given the gift of foresight by Apollo. But since she refused to return the god’s affections (and Apollo could not revoke the gift), she was cursed to utter true prophecies but never to be believed. In case you ever wondered why the name Cassandra is invoked when discussing someone who warns of impending doom, yet is not believed, now you know. I bring this up because we’ve spent the better part of the past decade warning investors about the dire prospects that most people… Read More
In Greek mythology, the priestess Cassandra was a daughter of Priam, King of Troy. She was given the gift of foresight by Apollo. But since she refused to return the god’s affections (and Apollo could not revoke the gift), she was cursed to utter true prophecies but never to be believed. In case you ever wondered why the name Cassandra is invoked when discussing someone who warns of impending doom, yet is not believed, now you know. I bring this up because we’ve spent the better part of the past decade warning investors about the dire prospects that most people face when it comes to their financial future. Most people who are close to retirement (within a decade or less) simply don’t have enough to support their expectations. For the younger generation, the outlook is even worse. (How can you save for retirement when you can’t even afford a house?) Those are just the facts, and they’re backed up by numerous studies and surveys. But unfortunately, the average investor has a “hands-off” mindset when it comes to their portfolio and retirement. We think that’s a grave mistake. The game has changed. No longer can you afford to simply plow your… Read More
In Greek mythology, the priestess Cassandra was a daughter of Priam, King of Troy. She was given the gift of foresight by Apollo. But since she refused to return the god’s affections (and Apollo could not revoke the gift), she was cursed to utter true prophecies but never to be… Read More
It's been a tough market so far this year. But history suggests there is light at the end of the tunnel -- and we need to prepare to profit... Read More
It's been a tough market so far this year. But history suggests there is light at the end of the tunnel -- and we need to prepare to profit... Read More