hardie board siding soffit installation siding replacement best siding johnsburg siding replacement lake forest .. Chicago Drug testing

Investment Clubs

Because you don't feel too sure about which stock or mutual fund to buy you decide to become a member of an investment club. Each of the members contribute a certain amount of money each month and then meet to decide what to buy or sell.

It is a nice camaraderie, but what do you know about making money in the stock market? The members decide what services to buy to obtain information on stocks and funds. Certain members will be designated to do research on a particular stock and bring it to the next meeting.

The members become buried in gathering data ? doing research and forget that the end result is to make money. It is relatively rare to do any technical analysis. They gather reports from so-called investment analysts at the big brokerage firms. Recently the Securities and Exchange Commission has been investigating the recommendations of their in-house analysts because of the very poor results of their calls. Some have been accused of giving buy recommendations on stocks it was obvious were dogs. Let's hope the SEC does something besides a slap on the wrist.

We used to have a guy where I was a broker who wrote reports. He was told to do a report with charts and graphs. He said, "OK, do you want it to be bullish or bearish?" He could slant it any way we told him using the same facts and statistics and never tell a lie. The small investor is at the mercy of these people.

One of the greatest sources of information is Morningstar. They have every bit of information that is available about a company and they will sell it to you at a reasonable price. My problem with all this information is there is one important thing they cannot tell you - if I buy it, will it go up?

After more than 30 years in the business I will tell you that all the information you can gather about any company or mutual fund is totally and completely worthless. Trying to pick a winning stock is very difficult so what I do is let a very smart guy do it for me and he does it at no charge. How? Simple. I hire the manager of a no-load mutual fund that is currently going up and I buy that. As long as his fund is advancing in price I will keep it and as soon as it starts down I sell it and find a new smart fund manager who can make money for me.

There is no such thing as a "good" mutual fund. At times they are good and at times they are bad. Good is going up. Bad is going down. If a fund has been advancing for more than 60 or 90 days at the rate of more than 2% per month it will show up on my Buy list. I don't need to know anything else about it and no further research is necessary.

Show this to your investment club members. A chart is helpful, but the numbers will speak for themselves. The only research your club needs to do is find a no-load mutual fund that is advancing the most in the last 90 days. Forget about 3-year and 5-year performance. What has it done lately? Your club can be a winner every year.

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

al@mutualfundstrategy.com; 1-888-345-7870

In The News:

Series 7 Exam

What is the Series 7 Exam? If you... Read More

Lights of the Stock Market

There are red lights, green lights, blue lights and spot... Read More

Never Lose Money

Never lose money in the stock market again. Yeah, I... Read More

Why Buy and Hold?

Since I can remember, and that's a long time ago,... Read More

An Old Proverb for Investing

"If you don't know where you are going, any road... Read More

Trading Education: The Best of Both Worlds!

I made my very first investment in the stock market... Read More


It is difficult to make money in a bull market,... Read More

The Importance of Using Stop Loss Orders When Spread Trading the Financial Markets

A Guide to Using Stop Loss Orders Stop losses are... Read More

How To Be A Winner

Everyone who invests in the stock market wants to be... Read More

Stock Market Investing Odds

The greatest stock market myth is the idea that investing... Read More

Choosing An Investment Stock Broker

If you want one.And I don't recommend any broker with... Read More

Picking Mutual Funds to Outperform the Market

With over 6,000 mutual funds available, it may be tempting... Read More


It has fallen upon the consumer to make our economy... Read More

How To Beat The Mutual Fund Companies At Their Own Game

You'd have had to be living on a desert island... Read More


One of the basic laws of physics states that a... Read More

Hedge Funds

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

Nest Eggs and Omelets

Do you have a nest egg? You know, a place... Read More


The stock market has been going up for more than... Read More

Invest In The Stock Market For The RIGHT Reason, Using The RIGHT Choices

Invest in the stock market for the RIGHT reason, using... Read More

Time Out

Are you paying any attention to your retirement savings? Do... Read More

Commoditizing the world

Let's discuss commodities; with the latest Enron situation, it is... Read More

Why Change Funds?

On November 17 I bought 7 different mutual funds and... Read More

Stock Market Diversification

In one of my previous articles (Investing in the stock... Read More

A Funny Thing Happened on the Way to the Stock Market

On the 40 year journey through the turmoil of a... Read More

Analysts - Do They Really Know The Stock Market?

When you become interested in a stock or mutual fund... Read More

garage lighting led public lighting Pete's produce ..
garage lighting led public lighting Pete's produce ..