Everything seems to go right for this guy.
Toward the end of 2008, he borrowed hundreds of thousands of dollars against his house and invested it all in the stock market.
In 2010, he plowed his money into dirt-cheap real estate.
Both of those moves made him a bundle.
He’s got plenty of other success stories. He correctly recommended real estate in 2001… China in 2006… U.S. stocks in 2009… health care stocks in 2011… and more…
Now, he’s talking about his next big bet… the “Melt Up”…
I’m talking about my colleague, Dr. Steve Sjuggerud.
Wednesday night, during a special presentation, Steve discussed…
- Five warning signs of the market top
- Why we’re not at a peak yet
- Three sectors that will go up the most during the Melt Up
- Why he expects his Melt Up portfolio to double in the next 12 months
If you missed the presentation, we won’t have a replay. But you can learn all about Steve’s Melt Up thesis and the investments Steve thinks will do best by clicking here.
Q: Doc, you keep telling us to get defensive and get ready for a bear market. But Steve said we’re not there yet. Thoughts? – D.M.
A: You’re right, I have been telling readers to have defensive positions in their portfolios. As I’ve said before, you can’t time the market. Could the market undergo a 10% or even 20% correction from here? Absolutely. It’s overdue. One could start tomorrow. I don’t doubt that for a second. But as far as seeing a big downturn, I’m less worried.
That means there is likely still room for this bull market to keep growing. As Steve pointed out on Wednesday, the signs he looks for at a peak just aren’t there. And there are still opportunities to make incredible gains. Of course, if you don’t know where to put your money, you could lose a lot.
That’s why Steve has an entire model portfolio of 10 investments that he believes will produce weighted gains of 100% or more in the next 12 months or less.
Q: One more olive oil question. You mention adding it to various foods or salads to get the health benefits. I just consume two tablespoons of extra virgin olive oil daily. Can I assume this provides the same benefits as adding it to foods? – L.H.
A: If you want your olive oil straight up, feel free. Not everyone can stomach drinking straight olive oil, but you will get the same benefits.
Q: How can Turmeric help with fighting inflammation? What would you recommend taking with Turmeric? Black pepper possibly? – J.H.
A: Turmeric is a spice used in curry. It also gives mustard its yellow color. Turmeric acts as an anti-inflammatory, which can relieve joint pain, improve digestion, protect against memory loss, and prevent type 2 diabetes in prediabetics. The benefits come from curcumin – a primary chemical in turmeric.
If you don’t like curry, do what I do… Use turmeric as a spice on salads, in soups, and on rice. And if you use it with black pepper, you’ll get even more of the benefits, as pepper helps your body absorb more of the nutrients from the spice.
But use turmeric in moderation. Some side effects of too much turmeric are diarrhea and gallbladder contractions. Turmeric also acts as a blood thinner, with possible excessive bleeding. Although, you’d have to consume a lot of turmeric to make it that dangerous – more than I imagine you could eat. But stay away from turmeric supplements.
- Did you miss it? Take two tablespoons and call me in the morning.
- Something different: Why Monday’s eclipse was such a big deal.
Here’s to our health, wealth, and a great retirement,
Dr. David Eifrig and the Retirement Millionaire Daily Research Team
August 25, 2017
P.S. Don’t forget to check out this week’s edition of Retirement Millionaire Daily‘s weekly video series. This week, special host and Retirement Millionaire Daily team member Chris Gaarde tells you how to prepare your portfolio for a bear market. Click here to watch.