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Matt Towery believes we can use the news to make investment decisions.
“News effects all of our investments. Anyone can watch the news but by the time you hear about it you couldn’t take advantage of the event. It’s already happened”, says Matt about the current way people use news to make investment decisions.
Using a system can actually get you ahead of the news cycle. Begin to invest and those returns will come to you ahead of Wall Street.
For instance: The Presidential Election of 2016. If Donald Trump wins, most likely defense contractors will do well because he knows how that industry works. The same goes for construction and Wall Street will likely do well. If Hillary Clinton wins the Presidential election, international corporations and defense will see improvements.
What do you think? The panel gets together to dig into the idea that the news can help you make investing decisions.
Find more about our guest, Matt Towery, on his website Newsvesting.com, and his book: Newsvesting – Use News and Opinion to Grow Your Personal Wealth.
Doug Goldstein | Rich As a King
Linda P. Jones | Be Wealthy and Smart
Joe Saul-Sehy | Stacking Benjamins
Miranda Marquit | Planting Money Seeds
For a quick bio of each of our show participants, head on over to our panelist’s page.
Send us your questions for a future Listener Letters episode