2 Top Contrarian Buys for the Rest of 2018

Remember seven months ago, when investors were freaking out over North Korea and a future trade war? They were also wringing their hands over popular volatility funds like the VelocityShares Daily Inverse VIX (XIV) , which blew up in February and destroyed millions of dollars of invested cash. All of these shocks sent the S&P 500 tumbling over 10% in a matter of days! But if you sold off then, you missed out on huge profits: The High Cost of Giving in to Fear This chart makes it pretty clear that dumping stocks on scary headlines is a terrible idea. But that doesn’t stop a lot of investors from making this same mistake over and over.… Read more