What the Quitaly Vote Today Means for Your Money
The Quitaly vote today could send the markets into temporary free fall, just like Brexit did back in June. Following the Brexit vote, the Dow Jones Industrial Average fell 870 points from 18,011 to 17,140. And investors wiped out a record $3 trillion from the global markets, according to CNN Money.
But Money Morning Chief Investment Strategist Keith Fitz-Gerald doesn’t see this as a time for panic. To him, the historic Quitaly vote is just another opportunity to profit…
‘This is scary stuff,’ Fitz-Gerald said, ‘which is why the overwhelming majority of investors will run for the hills when the markets go haywire if the vote goes through. That’s of course why their portfolios are a fraction of what they could be, and why they repeatedly miss out on the ginormous gains they so desperately seek.’
Instead of making a ‘run for the hills,’ Fitz-Gerald has developed a three-point plan to profit from the Quitaly vote results. It’s the same strategy he has been using over his three decades as a market analyst.
This post was published at Examiner on December 4, 2016.