siding calculator siding companies lakemoor james hardie siding winthrop harbor siding companies mchenry county hardie plank siding .. Chicago Drug testing

The 10 Commandments

Wall Street has been preaching for years and years to investors how and where to put their money. The "experts" have put forth these ideas for so long that they seem to be carved in stone just like Moses did with God's 10 Commandments. The only difference is that what Wall Street preaches is lies that will make you broke.

It will be difficult in this short space to elaborate on them, but please stop and give a long think to all of these commandments.

1. Do research
2. Buy and Hold
3. Dollar Cost Average
4. Diversify
5. Buy a good stock and put it away
6. You can't afford to be out of the market
7. Never try to time the market
8. Rearrange your portfolio with age
9. Your broker will watch your account
10. The market always comes back

The first 3 are preached by every broker who breathes. Consider that if you can find out about a company so can everyone else so what good is it? If you haven't figured out Buy and Hold by now you are either broke or have not owned any stock. Dollar Cost Average is only for suckers ? you could have bought Enron from $90 to nothing. When your broker says diversify he means he doesn't know what to do with your money so he recommends putting some here and some there and a little in the safety deposit box or under the bed and hopes some of it will make a profit. He doesn't know.

Hope is the most expensive word in the dictionary of any investor.

Buy a good stock and put it away. That is what the talking heads in CNBC-TV have been saying. Brokers, analysts and financial planners touted Enron last year as a quality stock. Even their bonds carried an investment grade rating. I don't mean to leave out Xerox, Global Crossing, Pan American (for you old timers) and about a thousand others if you want to take the time to look. I am not exaggerating. In 2000 there were more than 1,000 stocks on the Nasdaq that lost 90% of their value.

Charles Schwab says you can't afford to be out of the market. He wants to keep your money. I'm sure he will say you can't time the market, but there are many of us who have been doing it for years. When they say that I know they have not taken the time to learn their trade ? investing to make money. Rearrange you portfolio with age should be rearrange your portfolio to make a profit and not lose what you have.

Your broker will watch your account ? get smaller. He never tells you to sell those losers or put in a stop-loss order. And you know because you have been told so many times that the market always comes back ? except when it doesn't, especially to the stocks you own.

Put these lies, oops, commandments, up on your wall and recite them to your broker when he calls or you might want to send him a copy.

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.

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

In The News:

Investing in the Stock Market - When To!

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

Stock Market Investing Odds

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

Who Knows?

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

Buy and Hold Investment Strategy

"Buy and hold" is one of the most heralded investment... Read More

Investment Capital Gains

Have you bought any mutual funds this year or late... Read More

Selling

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

Is the Stock Market for You?

Many people would like to diversify their portfolios to expand... Read More

Buy and Hold Investment Philosophy

Wall Street has been preaching the doctrine of Buy and... Read More

Selling Strategies - Setting a Stop Loss

Sometimes the best way of lowering exposure to risk is... Read More

Shadow Bull

As one of my regular readers you know I have... Read More

Dont Buy Stocks based on P/E Ratio alone

I use the P/E ratio as a secondary indicator for... Read More

Quality Investment Information: Standing Firm In the Face of Opposition

THERE'S SOMETHING TO BE SAID FOR standing firm in the... Read More

How Commodity Trading Differs from Stock Trading

There are major differences between trading stocks and trading futures.... Read More

Stock Trading - Daddy, Why Arent We Rich?

One Saturday morning, while he was sitting at his computer... Read More

Traders, Defend Against the Dreaded Death Spiral.

It has often been said that there is only two... Read More

Political Investing

We have two candidates for president that have really different... Read More

The 10 Commandments

Wall Street has been preaching for years and years to... Read More

Whos Calling?

Its dinnertime and the phone rings. It's Joe Noname with... Read More

The Skinny on Mutual Fund Investing

Mutual fund investing is a lot like Thai cooking. Everyone... Read More

8 Penny Stocks to Avoid

There are many good penny stock investments available, which could... Read More

Kick The Tires

Before you buy another car you walk around the lot,... Read More

Defining a Long-Term Investment in the Stock Market

For some "long term" would mean holding a stock position... Read More

Managing Investing and Stock Market Risks

Reduce your investing and stock market risks by:Setting your sights... Read More

Buying Mutual Funds

It looks like the market is ready to start up... Read More

Analyzing Growth Stocks: An Important Focus For Any Investor

Analyzing growth stocks is an important focus for any investor.... Read More

street light fixtures dimmable led bulbs Pete's produce ..
street light fixtures dimmable led bulbs Pete's produce ..