innovative remodeling hoffman estates disability remodeling north barrington rps remodeling chicago building onto a house beach park home additions that add value buffalo grove .. Chicago Drug testing

Performance Funds

Mutual funds are doing more and more to discourage investors from leaving them and taking their money to a better performing fund. What does better performing mean? It has nothing to do with who the manager is, what the expense ratio is or how well they performed over the past 5 or 10 years.

Remember the old one, "What have you done for me lately?" That is the ONLY thing that counts. If you ever expect to make money in the stock market you must take the time to find the best performing no-load, no-redemption fee funds that are going up the fastest during the past 3 and 6 months. Usually any fund that has done well for a year or more has just about run its course and once it starts weakening in its upward movement, goes flat and starts down it should be sold and replaced. This can easily be seen in a chart on your computer or at the library at www.bigcharts.com.

There are many funds that will advance at the rate of 1% per week. Yes, per week, but you must find them. It is certainly worth the effort. There are services you can buy such as No-Load FundX; however, there are many free areas on the Internet that will locate excellent funds such as Bar Charts (http://www2.barchart.com/funds.asp , Bloomberg http://quote.bloomberg.com/apps/data?pid=mutualfunds and Yahoo www.yahoo.com/finance as well as Investor's Business Daily newspaper that lists the best 3-month and 6-month performers each week. Be careful to check with the fund or your broker that there are no hidden fees. Those that charge a commission do NOT outperform those that have no loads (commission).

Most full service brokers will not sell you no-load funds so you will have to own an account with a discount broker such as Ameritrade, Scottrade or Brown & Company. Many of the well known discount brokers such as Fidelity, Schwab and Waterhouse have adopted hidden fees.

Brokers and financial planners will tell you not to switch around, but that is because they have not learned their trade. It also might mean they are too lazy to do their job. If you remain with a weak fund you will have a weak return or even lose money.

I may sound too harsh in my criticism of brokers and financial planners, but I have hired more than 300 brokers when I owned a brokerage company and I know that only about 1% (yes, one) know how to make money and protect capital. You have to find a good one or take charge yourself.

There may be times when very few, if any, funds are going up. Then you will be in cash in a money market. CASH IS A POSITION. Performance also includes not losing while the market is going down.

Knowing how and when to switch will double or triple your returns and most importantly you will not lose profits you have made. Stay with the best performers at all times.

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:

It Cant Be Done

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

The Secret Art of Backtesting

If you have not back tested your trading system, you... Read More

Is Active Trading The Answer?

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

Buy and Hold: How to Perpetuate Your Investment Losses

A recent cartoon in my daily newspaper showed two guys... Read More

Trading Education: The Best of Both Worlds!

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

How To Pick A Mutual Fund

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

Understanding a Stocks PEG Ratio

A PEG ratio cannot be used alone but is a... Read More

Its Snowing

The Winter Games for the Olympics are coming up soon... Read More

Emotional Involvement

I'll bet with almost anyone that has stocks or mutual... Read More

Who Knows?

The Shadow knows. Remember him? It seems a shadow has... Read More

How Much Money Can I Make With Trading? What Account Size Do I Need To Start?

What account size do I need?How much money can I... Read More

Online Broker Trade History Not Doing the Job

Let me start by saying that...Most online brokers do not... Read More

Investing in the Stock Market - When To!

Is really not as important as to how you invest... Read More

Discover the Biggest Trading & Investing Online Mistake

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

Race Horses and Mutual Funds

For years investors have been taught to look into the... Read More

Where Is The Beef?

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

What is a Mutual Fund?

Ever wondered what is a mutual fund? A mutual fund... Read More

Trading For A Living - Part 1

There can't be many traders who haven't at least considered... Read More

VooDoo Training For the Stock Market

If you go to Haiti or other places in the... Read More

401K-itis

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

Hot Stock Investing ... How to Pick Hot Stocks with Momentum Stock Trading

Profitable day traders recognize that momentum trading is among the... 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

Pamplona, the Wild Investment Bulls

You remember (they show it on TV every year) the... Read More

How to Evaluate Load vs. No Load Mutual Funds

If you have been dealing with mutual funds for any... Read More

How to Short Stocks? How to Make Money when Your Stocks Go Down by Shorting

The stock market can present you with a lot of... Read More

led wholesaler led parking lot fixtures Pete's produce ..
led wholesaler led parking lot fixtures Pete's produce ..