Second chances are rare in the financial world. Once the whole market knows about a price run, it’s often too late to participate. However, there are a few exceptions to the rule. Right now, there’s a massive bull market taking shape that’s similar to the raging dot-com boom of the turn of the century. While there are significant differences between the two booms, the differences make the new bull market less risky and longer lasting than the original. If you missed the internet boom of 1997 to 2001, you are not alone. Believe it or not, many investors failed to… Read More
Second chances are rare in the financial world. Once the whole market knows about a price run, it’s often too late to participate. However, there are a few exceptions to the rule. Right now, there’s a massive bull market taking shape that’s similar to the raging dot-com boom of the turn of the century. While there are significant differences between the two booms, the differences make the new bull market less risky and longer lasting than the original. If you missed the internet boom of 1997 to 2001, you are not alone. Believe it or not, many investors failed to participate in the exploding stock market during those heady times. The good news is it’s not too late to participate in the next booming tech market! #-ad_banner-#Lessons Of The Dot-Com Bubble I can’t say I blame the majority of those who missed the monster profits of the first internet boom. The Nasdaq soared from 1,000 to 5,100-plus, and stocks like Qualcomm (Nasdaq: QCOM) rocketed nearly 3,000% in value. At the end of the frenzy, the Nasdaq hit an outrageous price-to-earnings ratio of 200. Rightfully fearful of the extreme valuations and warnings from luminaries like Warren Buffett, the majority of… Read More