siding calculator hardie board siding siding installation vinyl siding installation lakewood siding replacement .. Chicago Drug testing

Advisory Service for You?

It depends on your level of understanding of the market and the amount of money you have.

If you a sophisticated investor with a substantial amount invested you are probably already receiving more than one. If you have very little market savvy it will be difficult to choose one that fits the size of your portfolio. If you are just getting started my advice is don't buy one - yet.

Most of the advice is Wall Street goobledegook and most of the remainder is stuff you can't use anyway. Even the simplest letters have too much information and require more time than most working people have to act upon their recommendations.

There are literally hundreds of stock and mutual fund letters from which to choose. The first thing you want to know is what has been the track record - how much annual return has the advisor received for his readers over the past few years. Some will quote you wonderful figures, but these may be predicated on following all of his advice all the time. If that is the case you had better first ask how much money is required to buy at least 100 shares of everything he recommends when he recommends it. Don't let him weasel out of it - make him give you an answer or don't buy it. That amount may be more than you have so you must then pick and choose between his recommendations and you might not pick all the good ones, just all the bad ones.

There is one type of letter I consider essential to everyone. It times the market. By that I mean they tell you when the general market is going up and when to sell out because it is going down. Almost every broker will tell you it can't be done. He tells you that because he doesn't know how to do it and won't take the time to find out. He is a professional loser and doesn't deserve to be your broker.

The market timing service I have been using since 1986 is Fabian's Investment Resource out of California. They have a 20-year real time track record.

In the last 100 years we have had 30 bear markets which are defined as the overall market going down more than 20 percent and some more than 40 percent. Even the best stocks and mutual funds will go down in a bear market because they act like ships - when the tide goes out all ships go down with it. You don't want to have any market positions at that time.

The first basic advisory service should be for market timing. Check their claims and actual track record. Then as you learn more you may expand your horizon to picking individual issues or mutual funds.

Al Thomas' book, "If It Doesn't Go Up, Don't Buy It!" has helped thousands of people make money and keep their profits with his simple 2-step method. Read the first chapter at http://www.mutualfundmagic.com and discover why he's the man that Wall Street does not want you to know.

Copyright 2005

In The News:

Dont Ask Your Broker

Unfortunately, most of you who are reading my column are... Read More

Discover the Biggest Trading & Investing Online Mistake

Any online investor / trader seeks an excellent off or... Read More

How to Find Value in No Load Mutual Fund Investing

What are you thinking when it comes to your no... Read More

Investing in the Stock Market

From the book 'The Stockopoly Plan' by the author Charles... Read More

DIY Portfolio Management

Exchange Traded Funds (ETFs) are growing. Investors are choosing low... Read More

How Eating Bitumen Made Me a Better Trader

Trading is a fascinating activity.There are so many layers to... Read More

Inertia Syndrome

When it comes to buying a stock or mutual fund... Read More

Price Targets

Every day in any financial publication you will find the... Read More

Investing in Dividend Paying Stocks

I was recently interviewed for a press release through a... Read More

No Load Mutual Funds or Exchange Traded Funds (ETFs)?

If you are fed up with early redemption charges and... Read More

It Cant Be Done

Wouldn't it be nice if you were only in the... Read More

Dollar Cost Averaging

Dollar cost averaging is one of the most popular ideas... Read More

Patterns

The Law of Chaos is the theory of random unpredictable... Read More

Investment Research - The Dalbar Study

Very few people, even professionals, have heard of the Dalbar... Read More

Peer Groups

Whenever I see mutual fund comparisons in the trade publications... Read More

Fake Money

Reach in your pocket and take out that big roll... Read More

The 1% Solution

You probably know the story of Sherlock Holmes and the... Read More

What is the Most Important Indicator of All?

Most stock market traders have a favorite technical indicator.The one... Read More

Does Japan Matter?

For the last 12 years we have seen the Japanese... Read More

Hedge Funds

You read and hear a lot about hedge funds. Unfortunately,... Read More

Stock Market Education; Day Trading for Beginnners; How to Pick Stocks

The trading method you employ to approach the stock market... Read More

Why Is The Macedonian Stock Exchange Unsuccessful?

The Macedonian Stock Exchange (MSE) is not operating successfully. True,... Read More

Stock Options Trading Strategies - Lean

Professional stock options traders use the term lean to refer... Read More

The Problem With Hedge Funds

Are hedge funds a suitable investment for you? Hedge funds... Read More

Zero Sum Game

Most people think the stock market is a zero sum... Read More

induction street light manufacturers led flood light fixtures Pete's produce ..
induction street light manufacturers led flood light fixtures Pete's produce ..