“Sell everything except high yield bonds… investors should be afraid.”
This is the financial advice that economists at the Royal Bank of Scotland (RBS) gave clients on January 8.
When I heard this, I just shook my head.
While there are a lot of reasons to be concerned about the markets, there’s an even bigger concern that’s coming right from those who deem themselves to be financial experts…
These are the same experts who believe it is smart to sell everything except for high yield bonds… when interest rates are rising…
This type of advice could be catastrophic in 2016.
The fact is, there’s money-making trades when the markets are up… AND down.
My Money Calendar Alert subscribers, for example, saw this in a Citigroup Inc. (NYSE: C) trade opportunity just last Friday, in which they had a chance to make 131% in less than five days.
[Editor’s Note: Click here to find out how to access Tom’s big trade opportunity today.]
The key is researching thoroughly, planning well, and executing perfectly.
And of course, avoiding what could be the worst mistake others will make this year.
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