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Sunday, June 9, 2013

All you need to know:

Why the Dow Will Hit 60,000 (and One Easy Way to Profit)

Saturday, 08 Jun 2013 07:54 PM

Bill Spetrino, editor of the Dividend Machine newsletter (ranked #1 by Hulbert Financial Digest), is taking a successful approach to investing with Warren Buffett’s concept of “Be fearful when others are greedy, and greedy when others are fearful.”

That’s why in 2009, Spetrino was lambasted for his bold moves in the stock market. “I was telling people to buy stocks as the market was taking a 50% hit,” Spetrino explains, “and they thought I was crazy.”

Four years later, Spetrino’s model portfolio is sitting on 161% returns, but according to Spetrino, that’s just the start.

“Stocks will rally 399% from here, catapulting the Dow to 60,000,” he explains.

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