Kevin Simpson, Founder and CEO of Capital Wealth Planning, shares vital insights on navigating today's tumultuous market. He discusses strategies pro investors employ during downturns and identifies lucrative opportunities in declining stocks. Kevin highlights the resurgence of dividend stocks and their role in wealth creation. The conversation also dives into the emotional hurdles retail investors face, emphasizing the importance of a long-term approach while exploring investment prospects in major tech companies like NVIDIA and Tesla.
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Market Volatility and Social Media
Kevin Simpson recalls past market downturns happening more gradually before 24-hour social media.
Increased access to information makes volatility feel more intense now.
insights INSIGHT
Correction vs. Recession
A 10% correction doesn't signify a recession, according to Kevin Simpson.
The resilient labor market and expanding GDP suggest the economy is okay.
volunteer_activism ADVICE
Timing the Market
Kevin Simpson advises against trying to time the market.
Dollar-cost averaging is a better strategy during volatile periods.
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Earliest this month, the stock market had its worst day in years. Is this the beginning of the recession we’ve been bracing for? That’s just part of what Nicole covers today with Kevin Simpson, the Founder and Chief Executive Officer of Capital Wealth Planning, an investment advisory firm with $10 billion of assets under management. Kevin and Nicole cover what moves pro investors make during stock market crashes, and where he’s seeing opportunities right now. Plus, Kevin gives his take on the stocks that are causing the biggest stir on The Street.
Learn more about Kevin's work here: https://kevinsimpson.com/
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