"The market is going to crash!"

Oh, the things you hear at the Thanksgiving table... [Shield] AN OXFORD CLUB PUBLICATION [Liberty Through Wealth]( [View in browser]( SPONSORED [Wow, This One Set of Stocks CRUSHED the Market]( [16-To-1]( 16-to-1. That's how badly one set of stocks DESTROYED the market over the last three years in our historical testing. And Alexander Green is going to reveal the four metrics all of them shared on Wednesday, December 6, at 1 p.m. ET. He says picking stocks with these four metrics is CRUCIAL to succeeding in 2024. [Claim a free spot to attend right here.]( EDITOR'S NOTE Day in and day out, Chief Income Strategist Marc Lichtenfeld receives dozens of emails from [investors who are in or nearing retirement](. And many are understandably frustrated... The Fed is fumbling around and making decisions that will ultimately cost Americans a lot of money... And they're slowly watching inflation cut away at their [hard-earned nest eggs](. So Marc is doing something I never thought I'd see... [He's helping everyday folks QUIT the stock market.]( [Find the important details here.]( - Nicole Labra, Senior Managing Editor THE SHORTEST WAY TO A RICH LIFE ["Everything Is Going to Crash"]( [Marc Lichtenfeld | Chief Income Strategist | The Oxford Club]( [Marc Lichtenfeld]( On Thanksgiving, I was speaking with a relative's friend, who was new to our Thanksgiving table this year. He is a full-time real estate investor, and he seemed to be very successful. With real estate prices surging nearly everywhere, I asked him how he's approaching new investments. He told me he's sitting on the sidelines. "Everything is going to crash," he replied. "Real estate, stocks, everything." When I pressed him on why he thinks so, he told me, "Inflation is too high, mortgages are too high and unemployment is too high." I couldn't argue with him about mortgages. After years of ultra-low interest rates, a 7.5% mortgage feels very high, especially combined with inflated housing prices. And while inflation is coming down significantly, our guest still had a point: That decline isn't providing much relief. Lower inflation simply means prices are rising at a slower pace. It doesn't mean prices are coming down. (Now, energy prices have fallen recently, but I don't expect that to last.) I was stumped by his statement that unemployment is too high, though. There are plenty of things that aren't going well in the United States right now. Unemployment is not one of them. The current unemployment rate of 3.9% is higher than the 3.4% rate from a few months ago, but that is primarily due to more people reentering the workforce. In fact, 22,000 fewer people were jobless during the week ending November 11 than during the prior week. Perhaps our guest was referring to the fact that the number of new jobs being created is dropping. As we came out of the pandemic in 2021, more than 600,000 jobs were being created each month. Last year, the number was 400,000. This year, it's fallen again to an average of 239,000 jobs added per month, including just 150,000 in October. Still, nearly anyone who wants a job can get one, and with wages increasing, workers are getting paid more. That doesn't feel crashy to me. SPONSORED [Trump's Former National Security Advisor Warns of Chinese Plot...]( [Major General McMaster]( China is about to do [the previously unthinkable](... Trump's former national security advisor says, "Xi Jinping is preparing the Chinese people for war." NOW is the time to act to protect yourself... [ SEE THE DETAILS OF CHINA'S EVIL PLOT]( No doubt, shoppers are looking for bargains and for ways to cut spending given prices are higher than they were last year. We'll see soon where holiday retail sales come in. Those could be a good signal of the health of the consumer in 2024. There are a lot of moving parts that affect the economy and markets, but as long as unemployment stays very low, I have a hard time envisioning "everything" crashing. If anything tumbles, I'd expect it to be real estate, as homes are becoming unaffordable for many people. As a real estate investor, my new friend may be very smart to wait to put money to work. But for stock investors, it's vital to remember that the stock market goes up over the long term. Timing a crash is impossible. Now, it's always a good idea to keep some cash on the side in case the market or some individual stocks you're watching go on sale. But sitting out of the stock market because you're afraid of a crash is always a losing proposition. Let's face it. On the rare occasions that stocks do crash, there are very few ice-in-the-veins investors who are bold enough to deploy money as prices are tanking. Lots of people say they're going to buy when prices go lower, but in reality, most investors are too scared to do so because they're afraid of further losses. It's not until stocks have recovered in a big way that they finally feel comfortable investing their cash. The solution is to not play that game. Since 1957, the S&P 500 has returned an average of 10.7% annually with dividends reinvested. That's a very solid return and includes many crashes, such as the COVID-19 crash in March 2020, the global financial crisis from 2007 to 2009, the dot-com crash at the beginning of the century, the 1987 crash, etc. Another way to avoid fearing a crash is to take any money out of the market that you'll need within around three years. This way, your long-term money will still be invested and growing while the funds you'll need in the short term to pay bills will be protected. (I recommend putting that money in short-term Treasurys and certificates of deposit, which can earn you more than a 5% return.) Lastly, some of your portfolio should be in corporate bonds. Today, you can earn nearly stocklike annual returns with a fraction of the risk of stocks. Having bonds in your portfolio provides ballast when stocks tank. Bonds pay you interest twice a year, and you get your money back at maturity no matter what the stock price of the underlying company is doing. A company's stock could be down 90%, but as long as the company doesn't go bankrupt, bondholders will continue to receive interest and will get paid back at maturity. [Editor's Note: Marc is showing investors [how to generate more than 100% returns]( in as little as two years - without touching stocks. [Tune in now!]( I'm not worried about a stock market crash at all. But if one does happen, I'll rest assured knowing that stocks go up over the long term and that the money I need to pay the mortgage and college tuition won't be affected. I hope to see this new friend next Thanksgiving to compare notes and see what moves he's made in reaction to the markets. I know that I won't have done much. Good investing, Marc [Leave a Comment]( [IU 2024]( WEALTH OPPORTUNITIES - [Alex Green's New #1 Alternative Investment (It's Just $12!)]( - [Instead of $96... Marc's Readers Could Have Paid Just $3.30 per Share and Realized a 327% Gain in Just Two Months on One Trade! 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