I never took interest in stocks. I had seen 25% dip in my balances in March, regained it to the same level in October.
I thought of taking interest in stocks. Unfortunately while looking for stock infomation I came across Dr. Steve Sjuggerud’s pitch few times which is advertised at many places.
After watching it, first thing I did was moved 90% of my 401K saving to trust fund (which is 1% earning) in october exactly when market was going down.
Now I see my earlier investment funds are moved from 104 to 119.5 within just over the month so almost 12-15% loss in unearned profit.
I did not subscribe his publications but just secured my funds. While searching his name for reviews fortunately I came across this site. I have started reading the articles.
Now I’m learning and started investing as well, building confidence.
As we are reaching the year end, how should we act on this:
Dr. Steve Sjuggerud Teaser Finance PhD Warns: “Move your money before 2021”
This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.
Hi, Just poking around and listening to the infomercial he had dated in October, not sure why you said you had moved your money out of stocks. The video I just watched he was basically saying to go all in on stocks. Maybe he has a newer video out, but I could not find it.
I think he is probably right in his call of a melt-up. Only time will tell, but it sure looks that way to me. Although shorter term a correction would be healthy at this point. Everyone and their brother has banked on a Xmas rally. When too many people are on one side of the boat…… After that Who knows how high it goes.
He has been proven wrong on just about every thing he comes up with
I purchased the info as I am retired. He suggested putting funds in gold coins and Reits.
There was also a couple stock ideas. I may have purchased one of the stocks but felt the other recommendations were too steep. I am doing better with cannabis and bitcoin. I am only using money I can lose in those investments but have 4x my money. I would like to learn to trade options as I don’t want to tie up lots of money with minimal upside.
Would you share with us the stocks he recommended? I’m curious, especially since he is pushing REITs and gold. Thanks