Michael Pento: Buy & Hold Investors To Get Wiped Out
8 months ago
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WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com
Stocks are on track to end 2024 on a high note.
The S&P is up roughly 27% so far, hitting new record highs all throughout the year.
Will the party continue into the New Year?
Or will 2025 be a less enjoyable one for investors?
To find out, we're fortunate today to talk with money manager Michael Pento. president of Pento Portfolio Strategies.
He maintains a 20-point model that guides his portfolio allocation, and today we'll hear what it's advising him to do right now.
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