In March of 2009, the DOW bottomed at 6,266 points.
That was more than 50% lower than just a year prior.
Investors literally thought that the financial world was ending.
Some of the biggest names in finance went under and people’s life savings and home equity evaporated into thin air.
But… some investors knew something else…
Banks, insurance companies, and car manufacturers were being bailed out by the federal government.
QE (quantitative easing), which is basically creating money out of thin air, was being implemented.
Interest rates were being slashed.
Pretty much anything you can think of – whether it was right or wrong – was being done by the government to boost the economy.
For those who actually realized what was going on, they knew that 2009 was a perfect time to invest.
But it was hard to see all of that at the time. People lost jobs, their homes, and felt there was no hope.
Meanwhile, the government was literally saying, “Hey, we’re going to print money, lower interest rates, bail out major corporations, and do everything possible to make the economy come roaring back.”
Of course, hindsight is 20/20. It’s easy to look back and realize what happened.
We’re now in one of the longest and most successful bull markets in modern financial history. The governments, central banks, and international finance community really pulled out all the stops to make a recovery happen. (What the ultimate repercussions for some of those irresponsible decisions will be is still yet to be determined.)
Looking back, we can say, “Wow… the government basically told us exactly what they were going to do!”
That rarely happens in the investing world.
Usually, the best investors have the best forecasting skills. They are able to predict what is going to happen next, and then they make investments that will make the most money based on those predictions.
The government of China is giving us something even better than what the US government did.
China released a statement at the beginning of 2017 that said they are going to spend $360 billion through 2020 on renewable power sources.
And that’s just until 2020…
“The Chinese government will spend upwards up $2.5 trillion over the next 15 years on clean energy projects…”
We all know that China is known for some pretty bad pollution, and the international community has been putting on the pressure to clean up their act.
Senior Partner, Syft Ventures Surfer, Explorer, Investor
Cody has his boots-on-the-ground searching for undiscovered assets... often where others are afraid to look. He explores, investigates and invests in: emerging markets, private equity, venture capital, and other off-the-beaten-path opportunities.
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