Having a lineup of stocks ready for buying at bear market bottoms may be your best chance to get rich. It is very difficult to pick the next Apple in a bull market, but a bear market when it ends is like catching fish in a barrel. I have shown a list below of several stocks that will probably give you a gain of 100% or more at the start of a new bull market after the bear has done all the damage it can do.
I am very confident about this because I saw two men get rich where I work after the 2008-2009 bear market, and it only took them about five years to be able to retire. One man left with over $600,000 in his 401K plan, and the other man reportedly made more than one million dollars. Their secret was simply buying well-known stocks at bargain prices. Then, they patiently held on through all the volatility and even bought more shares on pullbacks. So, I know first-hand how they did it and the procedure for getting rich myself after the next bear market.
XIV | This is the inverse volatility index. The market will get more and more calm as people realize that the bear market is really over. |
FB | Facebook is the #1 social stock and it will keep growing. |
DVY | This is a dividend ETF stock that will go up along with market and it gives you significant dividends while you hang on. |
XLY | This is the consumer discretionary ETF, and people will be spending more money as the good times return. |
SPXL | This is the triple long S&P 500 ETF. |
TQQQ | This is the triple long Nasdaq 100 ETF. |
BIB | This is a double long biotech ETF. |
XBI | This is the unleveraged biotech ETF. |
XLV | This is the broad-based healthcare ETF, and baby boomers are retiring. |
UDOW | This is the triple Dow 30 ETF. |
MTUM | This is a momentum ETF which will capture gains from the best stocks. |
XLK | This is the tech stocks ETF, and people will continue to buy phones and computers. |
ITB | This is the housing construction ETF which will probably double in recovery. |
CVTI | This is my favorite trucking company which will probably gain 500% or more from the bottom. |