How to Buy Stocks in a Recession
This article is excerpted from Tom Yeung’s Moonshot Investor newsletter. To make sure you don’t miss any of Tom’s potential 100x picks, subscribe to his mailing list here . Moonshots for a Changing World Can I be candid with you? I’m getting tired of losing money. Since December, only one of my top 5 Moonshot picks for 2022 is up. And it was a deep-value pick the newsletter wasn’t supposed to cover! POSaBIT (OTCMKTS: POSAF ). -38% Volt Information Sciences (NYSEAMERICAN: VOLT ). 102% Ethereum ( ETH-USD ). -40% Crypto.com Coin ( CRO-USD ). -62% Crispr Technologies (NASDAQ: CRSP ). -42% Thank goodness VOLT made it in. It’s helped my top picks cumulatively lose just -16% for the year, outperforming the broader SP 500 index. Meanwhile, investors weighted toward high-growth stocks have done even worse. The Nasdaq Composite of tech-heavy stocks has dropped -27%, altcoins have lost -38%, and Cathie Wood’s ARKK Invest (NYSEARCA: ARKK ) is down a stunning -61%. It’s been a terrible year for anyone tasked with covering Moonshot investments.
How to Buy Stocks in a Recession
This article is excerpted from Tom Yeung’s Moonshot Investor newsletter. To make sure you don’t miss any of Tom’s potential 100x picks, subscribe to his mailing list here . Moonshots for a Changing World Can I be candid with you? I’m getting tired of losing money. Since December, only one of my top 5 Moonshot picks for 2022 is up. And it was a deep-value pick the newsletter wasn’t supposed to cover! POSaBIT (OTCMKTS: POSAF ). -38% Volt Information Sciences (NYSEAMERICAN: VOLT ). 102% Ethereum ( ETH-USD ). -40% Crypto.com Coin ( CRO-USD ). -62% Crispr Technologies (NASDAQ: CRSP ). -42% Thank goodness VOLT made it in. It’s helped my top picks cumulatively lose just -16% for the year, outperforming the broader SP 500 index. Meanwhile, investors weighted toward high-growth stocks have done even worse. The Nasdaq Composite of tech-heavy stocks has dropped -27%, altcoins have lost -38%, and Cathie Wood’s ARKK Invest (NYSEARCA: ARKK ) is down a stunning -61%. It’s been a terrible year for anyone tasked with covering Moonshot investments.