Benzinga | Jul 15, 2021 11:01AM EDT

Positioning Your Holdings to Take Advantage of Current Events

Image by Vincent Ledvina on Unsplash

You want to make the most of your income, and you know stuffing it inside your mattress or in a low-interest savings account isn't going to do anything to help you build future wealth. But placing your hard-earned money in the market can intimidate even the most confident investor because you're taking a chance. Not only that, choosing when to invest your money in the market is just as important as where you invest.

So, how do you pick the perfect time to enter and exit the market? The truth is, if you wait for perfection, you likely won't invest at all. And that doesn't build your wealth, either. But that doesn't mean there isn't a right time to buy, hold or sell your investments.

How Current Events Shape Investments

One of the gauges to keep your eye on before investing is to look at current events. For example, in June 2021, the government promised to release previously classified documents about unidentified flying objects (UFOs). Knowing this information ahead of time might draw your attention to companies that deal with space like Boeing (NYSE:BA), Virgin Galactic Holdings (NYSE:SPCE), Lockheed Martin (NYSE:LMT) and Iridium Communications (NASDAQ:IRDM). Of course, you also need to consider the strength and longevity of the companies you're considering for investment.

And because timing, research, current events and speculation play huge roles in the success or failure of an investment, you have to use caution and know when to bring in the professionals for advice. Even then, you and the professionals are only human and will make mistakes from time to time. After all, if you look at the example of space exploration, the timing of rocket liftoff and landing must be so meticulous that they use a combination of computer and human analysis to make each launch a success. For investing, you have the human part covered, so why not enhance your decision-making process with the help of technology?

Using Artificial Intelligence for a leg Up

The extreme precision used for space exploration could apply to market entrances and exits using artificial intelligence (AI) designed to predict market movements. VantagePoint has software meant to make these predictions days ahead of time with an 87.4% accuracy rate, giving you time to ready your assets for a move. Missing an opportunity means the potential of losing out on profits you could've made by timing the market properly. No investor wants that on their conscience.

Vantagepoint is offering a free live demonstration to Benzinga readers this week. Sign up here!

Being Proactive, not Reactive

Instead of staying behind the power curve and trying to ride the wave with other investors, maybe it's time to be proactive with your investment strategy. Yes, there's a margin of error with predictive software, but that's true with any prediction, so giving yourself even the possibility of an advantage could be a step in the right direction.

Join this free live training to see how you could use AI market predictions to help you get the most out of your investments. By stepping into the unknown, you might discover the very thing your strategy needs.

A.I. experts will be available to chat one on one after the live training. Don't miss it! Register for the training here.