A personal story... and why I'll never bet against America


By Stephen McBride, RiskHedge, Monday, October 26

It made the hairs on the back of my neck stand up.

It’s July 2014. I’m in the StubHub Center in Carson, California.

The sun had just disappeared behind the beam, but it’s still hot as hell. And I’m standing with 9,000 other spectators watching the CrossFit Games.

Before the final heat kicks off, there’s dead silence for “The Star-Spangled Banner.”

The flag was blowing in the wind… and every American had their palm over their chest.

It sent shivers down my spine, and brought a tear to my eye.

  • At that moment, I felt like something I’m not.

That is… an American.

RiskHedge readers who watched my recent Hypergrowth America presentation likely found my accent a dead giveaway.

I wasn’t raised in a leafy US suburb…

I grew up in the inner-city of Dublin, Ireland. It was kind of a dank place. I remember my childhood like a black and white movie.

The best that most kids my age could hope for was to find a job on some construction site.

Best 10-Year Total Return Stocks

Getting rich? That was something that only happened to folks in faraway lands. Millionaires were works of fiction in my neighborhood.

  • America injected color into my life.

I took my first trip to New York City when I was 17.

The skyscrapers entranced me. I’ve never been more inspired in my life than when I first laid eyes on the Empire State building.

I wanted to be one of those Wall Street hotshots. So I started learning everything there was to know about finance and investing.

I dropped out of high school a year early. But that trip to the Big Apple lit a fire under me. Fast forward a couple of years and I was working at a multibillion-dollar financial institution halfway across the world.

Wall Street is great. But honestly, corporate life sucks. That’s why our publisher Dan Steinhart and I started RiskHedge with two laptops at a coffee shop in Vermont.

Today, I’m living my dream as a professional investor. More importantly, I’m able to help thousands of readers grow their wealth with my recommendations.

And I owe it all to America.

The US is still the only country on earth where you can be whatever you want… if you’re willing to work for it.

  • I laugh every time someone says the US is in decline.

It’s open season on America these days.

Every time I turn on the TV or open a newspaper, “experts” are bashing the country. We’re told the US is falling apart at the seams.

These folks are just plain wrong. Having lived on four continents, I can tell you America is the most innovative, resilient place on earth.

For example, back in March the coronavirus was set to crush New York. We were staring down the barrel of a catastrophic ventilator shortage. A New York Times headline sums up America’s response best: “New York Needed Ventilators. So They Developed One in a Month.”

Two engineers quickly got to work building low-cost ventilators, and likely saved thousands of lives. Keep in mind, these machines usually cost $30,000+… and take years to develop.

Or look at what American workers did when they got steamrolled by a recession and mass layoffs this year. New Commerce Department data shows folks are starting more businesses than any time in the past 16 years:

  • Americans have a “get up and go” attitude that I’ve yet to find anywhere else in the world.

Just look at how they’ve responded during the biggest crisis of our lifetimes…

And what’s happened to a batch of American stocks.

Americans can’t go to the office… so they work on Zoom (ZM), which is up a crazy 628% this year.

They can’t go to campus anymore… so they’re getting their educations online. 2U (TWOU)—which runs online classes for 73 of the world’s best colleges—has doubled since March.

They can’t go to the gym… so they’re working out from home, sending connected fitness stock Peloton (PTON) up a whopping 320% this year.

They can’t open up their stores… so they’re selling stuff online on Etsy (ETSY), which has exploded 255% over the past seven months.

They can’t sell their homes the traditional way… so they’re going online and using Redfin (RDFN) and Zillow (ZW), both up 250%+ since stocks bottomed.

In other words… this pandemic couldn’t stop the most resilient nation on the planet.

It’s an amazing accomplishment… one every American should be proud of.

This Tiny $4 Stock and 1,000% Gains (in 24 hours) [sponsor]

This company is set to unleash what Bill Gates calls "next big thing in computing" -- and could make you up to 1000% gains. But most people haven’t even heard of this technology. Now is your chance to jump on board before FDA approval which will send this $4 tech stock soaring.

Urgent details here.



 
 

RediNews | www.RediNews.com | Copyright © 2013 - 2020, All Rights Reserved

Nothing in RediNews.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and market videos powered by Market News Video.