While I was in Austin, Texas, for our sixth annual Irrational Economic Summit a couple of weeks ago, I sat down with Senior Research Analyst Dave Okenquist from Economy & Markets TV to talk a bit about my ideas about successful investing, for now and in the future.
Unless you were born about the same time as my parents, it’s likely that you haven’t made significant gains from the traditional buy-and-hold strategy that Wall Street loves to push on people.
I’ve talked about it before, buy-and-hold is reliant on luck. If you didn’t start investing before a major bull market, then the odds of landing major gains over time are against you.
Of course, you’ll make some gains over the long-term, it just won’t be the kind of gains you could see when using a systematic approach such as 10X Profits.
And when it comes to short-term gains, a systematic model allows for more adaptability, which can position you for market-beating profits.
Disruption — both current and future — was the theme behind this year’s conference.
Now, if you know me, you know that I don’t claim to be a market forecaster. What I focus on is the here and now. If I do look ahead, it’s short-term.
But Dave asked me about future disruptions, and here’s what I had to say: