Michael Pento: Buy & Hold Investors To Get Wiped Out
Update: 2024-12-05
Description
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.
WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com
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Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support
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.
WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com
---
Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support
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