Don't Make My Friend's Mistake

Don't wait for prices to fall in the current bull run. You'll be waiting a long time – and you'll miss out on major buying opportunities... [Stansberry Research Logo] Delivering World-Class Financial Research Since 1999 [DailyWealth] Don't Make My Friend's Mistake By Brett Eversole --------------------------------------------------------------- "I'm still waiting for the collapse," a friend told me last month. "The stock market... the housing market... It all feels like a house of cards," he continued. "Prices are just too high. I'm waiting for them to fall before I buy anything." Patience is a virtue when it comes to investing. When assets are soaring, biding your time until you can buy the next pullback is a fine strategy. But that's not what my friend is thinking... He's expecting a major meltdown... something like the 2022 bear market or the pandemic-induced bust in 2020. He thinks prices are artificially elevated. And he doesn't want to buy until prices fall 20%... 30%... or even 40% from today's levels. That might sound tempting. So I understand if you're hoping to do the same. But I've got bad news for you... You're not going to get that chance. Today, I'll explain why... --------------------------------------------------------------- Recommended Links: [MUST-SEE BY MIDNIGHT TONIGHT...]( Wall Street titan Marc Chaikin predicted 2023's bank crisis five months in advance. He also predicted last year's bull run when everybody was expecting a recession. Now he's sounding the alarm on what's coming NEXT for the stock market, based on a signal with 100% perfect accuracy across more than 80 years of historical data. [Click here to learn more before it goes offline](. --------------------------------------------------------------- [Our No. 1 Stock for the Rare 'Millionaire Window' Opening NOW]( According to Wall Street legend Whitney Tilson, an extremely rare window in the markets is about to open. It's an often-misunderstood market setup we've only seen 13 times since 1920. The last time this happened, it minted a million brand-new millionaires – in a single year. But Tilson says this unique window in the markets could close much sooner than anyone realizes, leaving most investors in the dust, while making a select few incredibly rich. [Get our No. 1 stock (with 500%-plus upside potential) for this rare market event now](. --------------------------------------------------------------- I'm not some crazy perma-bull. I don't expect stocks to only go up from here. Heck, history suggests we'll likely see a 10% correction sometime this year. That's completely normal. But if you're waiting on a major market collapse that will let you buy at prices similar to the bottom in 2020 or 2022... it's not going to happen. We're nearly two years into the current bull market. And we're a little more than halfway through the long-term, secular bull market. It began in 2013 and will likely run through the end of the decade. In this kind of environment, stocks don't revisit their prior lows. They don't give you a second chance to buy at the price you wish you'd taken advantage of years ago. It just doesn't happen... During the secular bull market of the 1980s and 1990s, the stock market never – not once! – rallied off a low and then retested that low again. Once those prices were gone, they were gone for good. As the old saying goes, "The best time to plant a tree was 20 years ago. The second-best time is now." Similarly, the best time to invest was just about any time in the past... And the second-best time is today. My friend isn't the only one who hasn't caught up to this reality. Many investors are in the same camp. They expect – or even feel they deserve – another shot to buy at the low prices of past years. But they'll be sorely disappointed. We're smack-dab in the middle of a secular bull market. And now, one trend has ensured that it will keep propelling stocks higher in the coming years... I'm talking about the artificial-intelligence ("AI") boom. AI is dominating the investment world. And now, it's driving the gains of this secular bull market. This industry accounted for roughly $90 billion worth of 2023's corporate spending... And analysts expect data-center spending alone to top $1 trillion by 2027. This is exactly what happened with the Internet in the 1990s. The boom needed a catalyst for its biggest gains. Today, AI is the sweeping trend that will change the world as we know it – and fuel a financial mania along the way. With major companies spending tens of billions of dollars, this bull market will soar to unimaginable heights... And if my friend doesn't change his tune, he'll miss out on massive opportunities along the way. In short, the current market environment is poised to keep heading higher. We're simply not going to get a second chance at the lows of previous years. So don't make my friend's mistake and wait around for a better chance to buy... The best time to act is now. Good investing, Brett Eversole Further Reading "When stocks are going up, they tend to keep going up," Brett writes. Some folks are nervous about the current bull run. But if you're one of them, it's time to remember a key principle of investing: Don't fight the trend... [Read more here](. Many investors still have a lot of cash on the sidelines today. That tells us two things... First, we're nowhere near a market top with this kind of fear in the air. And second, this rally has plenty of room to run... [Learn more here](. Market Notes HIGHS AND LOWS NEW HIGHS OF NOTE LAST WEEK Microsoft (MSFT)... tech giant Apple (AAPL)... tech giant Amazon (AMZN)... online-retail king Bank of America (BAC)... financial giant JPMorgan Chase (JPM)... financial giant Intercontinental Exchange (ICE)... commodity markets H&R Block (HRB)... tax-prep company Tyler Technologies (TYL)... government software Universal Display (OLED)... lighting and displays GoDaddy (GDDY)... website hosting Commvault Systems (CVLT)... data security Iron Mountain (IRM)... data storage REIT Welltower (WELL)... health care REIT New York Times (NYT)... media Hagerty (HGTY)... collectible cars Enstar (ESGR)... natural gas Energy Transfer (ET)... natural gas Targa Resources (TRGP)... natural gas Western Midstream Partners (WES)... natural gas NEW LOWS OF NOTE LAST WEEK Rogers Communications (RCI)... Canadian telecom Walgreens Boots Alliance (WBA)... retail pharmacyBumble (BMBL)... dating app Papa John's (PZZA)... pizzaKrispy Kreme (DNUT)... donuts Las Vegas Sands (LVS)... casinos and resorts New Fortress Energy (NFE)... utilities --------------------------------------------------------------- [Tell us what you think of this content]( [We value our subscribers' feedback. To help us improve your experience, we'd like to ask you a couple brief questions.]( [Click here to rate this e-mail]( You have received this e-mail as part of your subscription to DailyWealth. If you no longer want to receive e-mails from DailyWealth [click here](. Published by Stansberry Research. You're receiving this e-mail at {EMAIL}. Stansberry Research welcomes comments or suggestions at feedback@stansberryresearch.com. This address is for feedback only. For questions about your account or to speak with customer service, call 888-261-2693 (U.S.) or 443-839-0986 (international) Monday-Friday, 9 a.m.-5 p.m. Eastern time. Or e-mail info@stansberryresearch.com. Please note: The law prohibits us from giving personalized financial advice. © 2024 Stansberry Research. All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited without written permission from Stansberry Research, 1125 N Charles St, Baltimore, MD 21201 or [stansberryresearch.com](. Any brokers mentioned constitute a partial list of available brokers and is for your information only. Stansberry Research does not recommend or endorse any brokers, dealers, or investment advisors. Stansberry Research forbids its writers from having a financial interest in any security they recommend to our subscribers. All employees of Stansberry Research (and affiliated companies) must wait 24 hours after an investment recommendation is published online – or 72 hours after a direct mail publication is sent – before acting on that recommendation. This work is based on SEC filings, current events, interviews, corporate press releases, and what we've learned as financial journalists. It may contain errors, and you shouldn't make any investment decision based solely on what you read here. It's your money and your responsibility.