2008 Financial Crisis S&P 500 Bottom Fishing
Capital Req:capital_medium
Entry Window:2009-03
Exit Window:2019-12
Execution Directive:
Buy SPY or tech stocks heavily on March 6, 2009.
Preparation
If you preserved your capital during the 2008 crash, open an international brokerage account (e.g., Interactive Brokers) that allows trading US equities. Fund the account with USD.
Execution Steps
Monitor the S&P 500 index. On March 6, 2009, the index hit an intraday low of 666.79—an extremely iconic and terrifying number for the market. This is the exact bottom of the generational bear market. Heavily buy SPY (S&P 500 ETF) or, for even higher alpha, buy Apple (AAPL) and Amazon (AMZN) shares which were severely undervalued.
Exit Strategy
This is a buy-and-hold strategy for the next decade. You can hold these assets until at least 2019 or 2021, surfing the wave of the Federal Reserve's Quantitative Easing.