Director of Newsmax Financial Newsletters, Jeff Yastine recently spoke to Newsmax about the many initial public offerings that many Asian companies like Alibaba are rumored to be coming out with in 2018. Jeff Yastine says that buying new shares is dangerous at a time when a lot of companies are coming out with IPOs. The reason is because the market is sensing that a lot of people want to purchase stock, which can inflate the price, which is the worst time to purchase such stocks. Investors are more wise to ask themselves how much upside is left in the market, and chances are great that the upside is rather limited during this time.
He advises that investors should look toward some of the acquisitions and mergers that are rumored to be happening in 2018 and place your bets on those individual stocks. Mergers between two strong companies can grow the stock price directly on the heels of that merger, and investors can see some nice returns rather quickly. Read more about Jeff Yastine at Bloomberg
In the years I was a financial journalist, it always surprised me how reluctant many of us are to invest outside our country’s borders…#stocks #StockMarket #investing #BanyanHill #WallSt #WallStreet #tradinghttps://t.co/WFzWkyc0Cb
— Jeff Yastine (@Jeff_Y_Guru) January 23, 2018
Jeff Yastine is the Editiorial Director at Banyon Publishing and the editor of Total Wealth Insider, positions that he has held since 2015. He has over 20 years of experience as an stock market investor, who has reported on a number of financial stories over the years. He contributes to many publications, lending them his expertise in trading, to include Winning Investor Daily and Sovereign Investor Daily.
Jeff has 16 years of experience as a news reporter and anchor for PBS, where he dissected the financial market for their Night Business Report show and broke down investment strategies and news for the public. He is an Emmy-nominated reporter who gained notoriety for his work in 2007 reporting on the infrastructure crisis in the Unite States. He has one of only a handful of financial experts who spoke out on both the tech bubble and the housing bubble before they occurred. In 2002, Jeff and a handful of journalists won an award for Excellence in Financial Journalism from the NY State Society of CPAs. His experience and knowledge is nearly unmatched in the financial industry today. Learn more:https://seekingalpha.com/user/48543045/stocktalks