(1888PressRelease)
March 12, 2009 - Despite the FTSE hitting a six year low last week, one investor is still smiling. Author and stock market professional Stephen Sutherland says the stock market could be ready to erupt, stating that “Even though the FTSE 100 recently hit a six year low, things are not as bad as they seem. In fact, the market right now is presenting people with a massive opportunity to profit.”
In his popular Daily Market Update of 11th March he sent a very clear message to his investors, saying:
“Since the 28th of October last year, our portfolio has gained a healthy 20.3%. That means in the last 19 weeks, we’ve made a tax-free gain of over 20%. That’s not bad considering that almost all of the global market indexes have been falling over that same period. For example, in that time frame, the FTSE 100 has dropped 5.4% and the Nasdaq has fallen a hefty 17.6%.”
He later went on to say:
“When you are beating the world’s strongest stock index(The Nasdaq composite), it’s a huge clue of underlying strength. In other words, right now something good is happening under the cloak of the market, even though the media would have you believe the complete opposite.”
Sutherland is a renowned stock market investor and first hit the headlines in 2003 when he made a gain of £107,543 and used the profits to buy his dad his dream car, a Bentley Continental.
Sutherland recently launched his much awaited second book Liquid Millionaire (£21.97 AuthorHouse) in which he shares with the reader how he turned $31,409 into $1.28 million in just 38 months.
To coincide with the publication of Liquid Millionaire, Sutherland has also launched a blog ( www.stephensutherland.com ) where visitors can read his secrets on how the stock market really works – and how people can personally profit from that knowledge.
“Despite the current climate, it is entirely possible to make millions of pounds in tax-free income, and generate enough ‘liquid’ wealth to enable you to retire rich – and live a truly amazing, dream lifestyle, providing you can learn how to read the trend of the market,” says Sutherland.
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