[TradeSmith Daily]( The 5 Biggest Investing Takeaways of January 2023
Happy Tuesday â Iâm glad youâre here with us to finish out the first month of the new year. At the end of each month, I like to gather some of the biggest investing takeaways weâve shared in TradeSmith Daily. I know that it can be difficult to find the time to read every issue, and I know there may be some things you read earlier in the month that you would like to reference again. In todayâs issue, youâll find a variety of moneymaking ideas, no matter your investor type. From forecasts by our team of experts, to a battle between two home improvement stocks, to a dividend-stock investing strategy, to a crypto to buy not named Bitcoin (BTC), to three potential takeover targets in the year ahead, we have a little bit of something for everyone. I know youâre busy, so letâs jump right in. RECOMMENDED LINK [âStock Freeâ Method for Collecting Instant Income from the Markets?](
It hasnât been easy being a stock investor lately... The S&P 500 plunged 20% in 2022 â with many older investors taking even bigger losses. So when TradeSmith CEO Keith Kaplan showed these two ordinary folks his method for collecting hundreds of dollars in instant income from the markets â without owning a single stock... You can see their expressions change from concern â to relief... Especially when they find out just how straightforward it is.
[Click here now to see this method in action for yourself]( Takeaway No. 1: There Are Always Pockets of Profitable Opportunities
While a few of the usual top New Yearâs resolutions of eating healthier, exercising more, and spending less time on social media may have already been broken (no judgment), I want to make sure TradeSmith is in your corner to keep you on track for your investing goals. For that, we have our 2023 investing forecast series from our experts, who show that no matter what the market is throwing your way, theyâre here to guide you on how to make money
- [Senior Analyst Mike Burnick](
- [Editor Jason Bodner](
- [LikeFolio Co-Founder Landon Swan](
- [Chief Research Officer Justice Clark Litle](
- [Senior Crypto Analyst Joe Shew](
I also held my own feet to the fire and provided an outlook, [which you can access here](. Takeaway No. 2: The Battle of the Home Improvement Stocks
With the housing market cooling off, home improvement stores are expected to see a decrease in demand. If fewer homes are being sold, then that means fewer folks buying cans of paint and lighting fixtures in order to spruce up their homes and make those Realtor.com photos pop. LikeFolio Co-Founder Andy Swan is seeing this tapering of demand in his real-time data, with mentions of buying a home down 24% year-over-year (YoY) and mentions of home renovations down 11% YoY.
But among that data, Andy also uncovered a housing trend that is picking up: an increase in mentions about hiring a contractor, which are up 9% YoY. People may have delayed putting their house on the market for months or even years until interest rates went down and fears of a recession subsided. And if they plan to be in their current home for a while, they may be turning to professionals to add personal touches that require more skill than a DIY project from Pinterest. To get the supplies they need for these jobs, many contractors start by turning to two stores: Home Depot Inc. (HD) and Loweâs Companies Inc. (LOW). On the surface, there isnât much that distinguishes HD and LOW as investments. But digging deeper, [Andy can show you who the winner is in our Buy This, Not That battle](. Takeaway No. 3: Donât Forget About the Dogs of the Dow
Early in the new year, Senior Analyst Mike Burnick likes to revisit one of his all-time-favorite dividend-stock investing strategies. The Dogs of the Dow is a simple, two-step strategy:
- Buy the 10 stocks with the highest dividend yield out of the 30 stocks in the Dow Jones Industrial Average (DJIA).
- Hold them for one year.
This concept is effective because youâre starting with a list of proven, blue-chip stocks from the widely followed DJIA. These 30 stocks have been around for many years and are some of the biggest companies in the world. Plus, nearly all of them pay dividends, and the Dogs of the Dow pay you the highest dividend yields of all. [Hereâs more from Mike](. Takeaway No. 4: Bitcoin Prices Race Higher Out of the Gate, But the Better Opportunity Lies in This Investable Sector
Bitcoin prices have skyrocketed to start the year, but Senior Crypto Analyst Joe Shew has his eyes on another opportunity. âThe Great FTX Collapse of 2022â underscored a massive problem with cryptoâs centralized exchanges that disillusioned investors for the last time. Until you move your crypto into your own possession (in a hardware wallet), someone else controls your assets. The good news is that thereâs a solution that cuts out the middleman altogether â and itâs one that can make you money. [Here's more from Joe](. RECOMMENDED LINK [An Urgent Announcement From Our CEO](
It took the world's most successful financial pioneers 17 years and over $5 million to develop [this brand-new initiative](. Today, for the first time ever, weâre pulling the curtain back. [This is the 10,000 New Millionaires Project.](
We want to show at least 10,000 people how to get on the right path to [generate a minimum of $1 million in the stock market](. Whether you start with $500 or $500,000... The discovery weâre about to share with you could help you generate gains like 964%... 1,129%... even 2,334%... and higher â in any market condition.
[Click here now for details]( Takeaway No. 5: Three Potential Takeover Targets for 2023
The team recently compiled a list of three companies that could be acquired over the next year by larger firms. All three companies offer something unique, ranging from one-of-a-kind sports content to a rich library of hit TV shows to potential treatments for a rare disease. To get a deal done and win shareholder approval, the company making the acquisition will often offer a nice-sized premium from where the stock price of the acquisition target is trading. Weâve been covering the first stock on the list since August 2022, and Quantum Edge Pro Editor Jason Bodner recently picked up on some unusual buying activity. You can find out more about that â as well as the other two stocks on the list â [here](. And before you go, Iâd be interested in hearing what your biggest takeaways have been thus far to start the year. Is your investing strategy working out as expected? Are you feeling bullish? Bearish? Or are you just not quite sure what to make of things yet? [Iâd love to hear what you have to say](mailto:keith@tradesmithdaily.com). Enjoy your Tuesday, [Keith Kaplan]Keith Kaplan
CEO, TradeSmith P.S. If 2022 taught us anything, itâs that adaptation is key. When cooling but still high inflation, rising interest rates, job layoffs, a housing market slowdown, new COVID-19 variants, and war all get thrown together, you canât expect your investing strategies from the past to work today. Of course, executing a new investment plan can be a little scary... and downright intimidating for some folks. But you donât have to worry. I can show you an example of how two ordinary people generate [hundreds of dollars in extra income every week](. [Download now on the Apple Store](
[Get It On Google Play]( More Investable Information at Your Fingertips [TradeSmithâs 2023 Guide to Beating Inflation]( [Bitcoin Is Far from Dead (Hereâs Proof)]( [This Could Be the Amazon of Gene-Editing Stocks]( [Electric Vehicles Passed This 5% Tipping Point â Here Are 2 Investments to Make]( [Customer Support: 866.385.2076](tel:+866-385-2076) | support@tradesmith.com
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