Chris’ note: The year is winding down. And the bear market of 2022 has even the most seasoned investors feeling rattled.
That’s why, today, you’ll hear from Wall Street legend Larry Benedict. Between 1990 and 2010 he didn’t have a losing year as a hedge fund manager. That includes 2008 – the worst year for stocks since the Great Depression.
It earned him a place in Jack Schwager’s book on the world’s top hedge fund managers… a Wall Street classic called Hedge Fund Market Wizards. And Barron’s ranked Larry’s fund in top 1% in the country.
Now, he’s sharing a way to profit in this bear market that doesn’t involve investing in… or trading… stocks. It’s an income system he’s personally used to escape market chaos for more than a decade. And you can use it to earn cash payments, every three months, like clockwork.
Larry will reveal all the details in a one-night-only online event he’s hosting Wednesday, December 7, at 8 p.m. ET. So go here to automatically save your spot… then read on below for more on why this income system may be the only way for investors to really profit in 2023.
Talk about a whipsaw move…
Last year, the stock market was soaring.
The Nasdaq – which is dominated by big tech stocks like Apple, Microsoft, and Amazon – was up 26%.
And the broader S&P 500 was up 27%.
This year, the Nasdaq plunged as much as 34%… and the S&P 500 fell as much as 25%
I was one of the few who saw the house of cards about to tip over.
On January 28, I told my subscribers at my S&P Trader advisory…
Violent reversals will be an ongoing theme pretty much all year… Volatility is here to stay.
Here’s another prediction I made that month to reporters…
2022 will be a tough year for the broad market with Nasdaq underperforming all indexes. I believe all indexes will be negative for the year… Headlines will be dominated by inflation issues coupled with raising rates.
I don’t have a crystal ball… But this isn’t the first bumpy market I’ve lived through.
I was a trader on Wall Street for 35 years. I’ve had a ringside seat to six bear markets.
It taught me a lot about when they’ll strike… and how to get through them with my capital intact.
It’s why I’m writing to you today…
There’s nowhere left to put your money anymore. This year has been brutal for stocks, bonds, and crypto.
Even cash is unsafe because of runaway inflation.
That’s why I’m urging my readers to consider a special type of investment that, until now, has been reserved for the ultra-wealthy.
It’s maybe the only strategy left to let you not only hold onto your wealth in 2023… but also grow it by tens of thousands of dollars.
During the 2008 global financial crisis, I was managing institutional money at my hedge fund, Banyan Capital.
And I’m proud to say I made $95 million for my clients that year.
It was a scary time.
Bear Stearns and Lehman Brothers went bankrupt. The housing market imploded. The unemployment rate went through the roof.
Meanwhile, investors we’re dumping stocks in a panic.
I knew the market would come back. But I also knew it would hit many bumps in the road to recovery.
And I feel the same way now as I did back then.
I know stocks will hit new all-time highs. But I also know it won’t happen overnight. There will be a lot of chop along the way.
That’s why, in addition to my trading, I’m on the lookout for steady streams of income with limited downside risk.
Sticking my money in the bank is one option.
But the average interest rate on a 1-year CD is about 1%. With inflation running at nearly 8% a year, that will leave me in the red.
The 3.7% yield on the 10-year Treasury note is better. But it still leaves me behind in inflation-adjusted terms.
Another option is dividend stocks. But that’s also a tall order…
Higher yields often come with higher risk. And most of the reliable dividend-paying stocks pay out yields of 2% or 3%.
I could wait for those yields to grow. But if you ask me, none of these conventional income solutions come close to getting me over the inflation hurdle.
So where should we go for better returns?
I want to introduce you to the perfect strategy for today’s market.
It’s a strategy I’ve personally used to boost my income.
In fact, I’m still cashing in on an investment I made using this strategy during the last crisis.
It’s not a stock, bond, or options play. Instead, it takes the best parts of each of these.
This allows it to deliver a yield 750% times higher than your typical savings account.
And you can pick up this income with less risk than you’d find elsewhere because of built-in downside protection.
If you know how to find the best of these deals, you’ll be leagues ahead of folks investing in bonds… and even dividend stocks… for income.
You don’t need any special accounts to get going. You can profit from this income system through regular brokers like Schwab, JP Morgan, and Fidelity.
That’s why I’d like to invite you to tune in to my 750% Boost event on Wednesday, December 7, at 8 p.m. ET.
I’ll break down how you can smash the yields on CDs, Treasurys, even many dividend stocks – no matter where the economy goes from here.
I’ll show how you can start recovering from the brutal market this year… and beat inflation … using this strategy.
I’ll even pass along some of the wealth-building secrets I learned during my time on Wall Street to help you profit even as the bear market rages.
To automatically sign up and attend for free, go here.
I hope to see you there…
Regards,
Larry Benedict
Editor, Trading With Larry Benedict
P.S. The income system I’ve been using could earn you as much as $35,868 over the next 12 months… no matter where the economy goes from here. It’s a chance to release yourself from stocks and other conventional assets that have been chopping up investors all year.
I know it sounds strange to be using strategies most people don’t know exist. But I spent decades managing a hedge fund. And professional investors know ALL about this income system. So join me next Wednesday. My goal is to level the playing field between you and the Wall Street insiders.