james hardie siding lakemoor vinyl siding installation round lake beach hardie plank siding lake forest concrete siding cook county vinyl siding installation riverwoods .. 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:

Enronization

Even if you don't own any of their stock or... Read More

Stops Make Money

During the day I watch CNBC-TV, the stock market channel.... Read More

Successful Trading ? Establish Your Risk Level

Before you embark upon a journey of trading stocks or... Read More

Frog In The Pot

You remember the story about the frog that was put... Read More

Trading vs Investing

I often hear from people, "I don't trade. I invest.... Read More

Lights of the Stock Market

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

How To Pick A Mutual Fund

Mutual funds by definition are a mixed bag of stocks,... Read More

Low Tide

When you stand on the ocean shore and watch the... Read More

Evaluation II

As I said in Part I everyone in the insane... Read More

401K-itis

Are you one of those many people who dread reading... Read More

The Next Bull Market

We are already in it, but you can't see it.... Read More

Where Is The Beef?

Where is the beef? Or maybe it should be where... Read More

Value Investing: Selecting From The Bargain Bin

Picking a beaten-down stock requires a different kind of selection... Read More

Psychology ? How to Reduce Negative Thoughts Relating to Trading?

The thinking process of the brain relating to the... Read More

Option Trading Basics

Options trading can increase the profits you make when trading... Read More

A Triple Dipper: How to Make 3 Profits on 1 Stock Trade

This is a rather simple strategy with which I am... Read More

Stealth Bull

If you have been watching the stock market at all... Read More

Fools Gold

The stock market has been in an up trend for... Read More

Robert Rodriguez Weathers the Stock Market

Robert Rodriguez likes to buy stocks at their lows. When... Read More

Successful Trading ? Taking Profits - Part 1

So you're started trading, you bought some positions with your... Read More

Lifestyle Funds Provide Greater Security?

With the stock market stubbornly refusing to settle down and... Read More

Duck

Duck! No I don't mean a quack, quack. I meant... Read More

How to Pay Less and Get More: Discount Broker vs Professional

How do you invest? What do you really pay? At... Read More

Long Term Investing

In his wonderful book, 'Multiple Streams of Income', best selling... Read More

Jack and Jill

Jack and Jill went up the hill to fetch a... Read More

led lighting wholesalers led manufacturer usa Pete's produce ..
led lighting wholesalers led manufacturer usa Pete's produce ..