The best bet of the day is to invest in the best stock for you, whatever the stock is that’s currently trending. If the stock price has been on trend since January 4 and there’s a good chance for a bullish rally, then you can be sure that you’ll reap in profits over the days/weeks, while the stock’s price has remained on trend all year.
Of course, we can’t be certain that the stock price will be higher in the near future, or in the far future for that matter, so you’ll have to take this into consideration when making your strategy.
But remember, we’ve seen that there’s an inverse correlation between the stock price and the direction the US stock market is trending. That’s why it’s very important to be aggressive when it comes to purchasing the stock that’s trending upward.
How long should I keep the stock until the price gets to $800 or a little higher?
As always, we suggest to hold for a little more than a year if you want to make money.
The stock you’d prefer to hold longer (if you’re not a bull) would be the company on the S&P 500. In order to make money with that stock, you’re going to have to buy the same dividends that were paid to your shareholder before he gets the dividend check.
If you decide to buy the lower priced stock at $250, you’ll see a return of 6.4% a year after the 12-month period ends, or $1,300. However, after buying it, you’ll have to wait about 9 months, so you’ll make no money.
If you decide to buy the higher priced stock at $400, you’ll see a return of 8.7% a year after the 12-month period ends, or $2,550. However, after buying it, you’ll have to wait about 10 months, which will cause you to lose all your money before you can even get the company back on the index.
So, it’s not worth it to hold for more than 12 months.
How much should I put in my retirement account or in the fund?
If you haven’t already, you should set aside anywhere from $5,000 – $15,000 from an emergency fund for just these kinds of things. You should also take care of the minimum income requirements in your pension and Social Security account.
Also, be sure to invest
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