Right now, there are 2 fears giving first-level investors night terrors (and costing them huge gains and income).
- Rising interest rates will kill stocks, and…
- Nosebleed valuations (along with more record highs for the S&P 500) will kill stocks.
The problem? Both are nonsense!
Let’s take the second one first—then we’ll push on to 4 buys that not only surviverising rates but soar faster than rates do!
A Painful Wait on the Sidelines
Sure, the market’s current P/E ratio looks scary at around 23, and that alone could keep you clear of stocks now. Trouble is, sitting in cash isn’t exactly comforting as stocks rise and inflation chews up your nest egg.