vinyl siding installation siding installation installing vinyl siding barrington hills replace siding south barrington siding options chicago .. Chicago Drug testing

Never Lose Money

Never lose money in the stock market again. Yeah, I know. Don't buy any stock, but that is not what I meant. There is a clear and easy way to protect your capital ? what you have now and what you might decide to buy in the future. And don't count on your broker to tell you this.

As you are aware we have been in a bear market since the beginning of 2000. That is a long time and if you have held your stocks and mutual funds for all this time you have some pretty terrible losses. Losses you did not have to take if you had a knowledgeable broker or financial planner. Financial planners don't know any more than brokers so you can't count on them to save your money from being flushed along with everyone else. It is a shame that brokers and planners are not taught how to protect your capital.

When a broker is hired he is given 2 manuals to study. One is on SEC (Securities and Exchange) regulations so he will not break any rules so his company will not be fined for misconduct. The other is on how to open new accounts - how to get you to send money. There is no training on how to trade ? buy low and sell high. His training manual consists on how to do "research". Research is knowing all about a company to determine if it is well run and they are making money or have the ability to make money some time in the near future.

You can obtain complete reports of everything you want to know and even more from Morningstar. They will bury you in information. This kind of "research" is worthless. Why? Because if you can find it out then everyone in the world knows it and it is reflected in the current price. The one thing you want to know is if you buy it will it go up.

The average broker has about 300 accounts and unless you have lots of money he will not pay much attention to you. As new brokers get a large number of accounts they give away the small accounts (those with less than $50,000) to the new, less experienced brokers so they can concentrate on the big boys with big bucks.

That is why you, and only you, must learn how to protect your investments. In a bear market the one who loses the least is the winner and the way to do it is with Stop Loss Orders. If you bought a stock or mutual fund you must immediately decide how much you will risk if it should go down instead of up. Usually 10% is a good rule of thumb. If you paid $40 per share you should sell it immediately of it goes down below $36. Don't ask your broker because he has been taught to Buy and Hold and that philosophy will break you. As your stock goes up you must raise your stop (never lower it) so it trails 10% behind the closing price posted very Friday in the newspaper. There are literally hundreds of thousands of people today who wish they had done this during the past 2 years.

If you were one of them it is not too late to start now so your retirement account will be there when you need it.

Al Thomas

Author of "If It Doesn't Go Up, Don't Buy It!"

Never lose money in the stock market again.

http://www.mutualfundmagic.com

In The News:

Mid-Cap Stocks: Asset Class with an Identity Crisis

Much like the middle child, mid-cap stocks have long struggled... Read More

Stock Market Course .... Day Trader Online Seminar ... Can You Generate Profits Trading from Home?

When it comes to stock market trading it PAYS to... Read More

How to Read an Annual Report

Every publicly traded company is required by the SEC(Securities and... Read More

9 Deadly Trading Mistakes!

The following are a list of nine things you want... Read More

Dont Buy Worldcom! A Guide to Wise Bottom Fishing

Over the past few months, several investment professionals have brought... Read More

Investing in Dividend Paying Stocks

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

True Investment Road Maps

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

High Price/Earnings Ratios and the Stock Market: a Personal Odyssey

After some forty years of banking and investments, I retired... Read More

A Stock Market Investment Plan that Never Lets You Down

The bulls and bears of the stock market are both... Read More

Nest Eggs and Omelets

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

Selection Vs Direction

As I have said many times before in this column... Read More

Stock Market System ... ONLINE STOCK TRADING ... Beyond Day Trading Basics & Tips

Day trading is all about making buy and sell decisions.... Read More

Stock and Fund Dividends

When is a dividend not a dividend?The latest thing "conservative"... Read More

Stocks: Understand What You Buy!

"There is nothing more frightful than ignorance in action!" Johann... Read More

A Good Fund Manager

Every Wall Street analyst, financial planner and broker will tell... Read More

Time Out

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

Mousetrap

The spring-loaded rat catcher is the ultimate low-tech device invented... Read More

What To Buy?

Now that you have some money burning a hole in... Read More

Trading Stocks ?Never Forget About A Past Trade

We all know that emotions control every decision that an... Read More

Why Investors Use Financial Planners

Do you have a financial planner? Does one of your... Read More

Is Active Trading The Answer?

One of the main reasons many of us get into... Read More

Buying Stocks and the Importance of Correct Timing

An investor can find and research the best stock on... Read More

?Fears Only Enemy Is Action?

What a great statement!I just heard someone use it in... Read More

10 Tips For Creating Wealth From the Stock Market

1. Do not spread your money too thin.My friend has... Read More

Investing in Trash Company Stocks

Refuse is a serious issue in any society, about as... Read More

neptun lighting led lights wholesalers Pete's produce ..
neptun lighting led lights wholesalers Pete's produce ..