Who are the successful investors?
There are those who follow the advice of their brokers and financial planners or those who choose to use their own good judgment? If you care to compare the results of the past 4 years from 2000 to now I believe you will see who as done the best job.
In the old days at the Chicago stock yards they used to have an old sheep who led the lambs to the slaughter when they arrived on the train. It seems there were lots of investment sheep in 2000 that followed the advice of their brokers and financial planners and were slaughtered. Let's hope you were not in that herd.
When the next train (bear market) arrives (and it will) in the station and you get off I hope you will not follow that old sheep. You have been given another chance to recoup some of your money (current bull market). Don't be slaughtered (again).
The successful investor is one who thinks for himself. Are you an independent thinker or one of the sheep about to be cut into pieces? Do you relish the idea if thinking for yourself and participating in financial success? Of course, you will be scorned by Wall Street and their minions and told you need an "expert" to help you invest your money. We have seen what the "experts" did from 2000 on.
During the last 4 years I challenge you to check out the price of any growth, stock or index mutual fund in January 2000 and compare it with the price of today. The S&P500 Index lost 50% of it value and has rallied 37% from the recent low, but is still down 29% from the high of 2000. With the bull move of the last 8 months you won't find very many, if any, stock funds that have come back to those old highs. Yes, there will be individual stocks that have made new contract highs, but very few of them have done well enough to get the poor sheep (pun intended) back to even.
For the past 100 years there have been consistent secular 16 to 18 year bull and bear markets, one after the other and within them have been shorter cyclical bear and bull markets where the thinking investor has been smart enough to be investing or be in a money market fund.
It is timing the long-term bull and bear phases and is relatively easy despite what Maul Street tries to have you believe. If your broker or planner has not learned how you need a new and smarter advisor. You, and only you, must break away from the herd to learn to think on your own to be a success in the market.
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
http://www.mutualfundmagic.com; 1-888-345-7870
cleaning service near Bannockburn ..When it comes to buying a stock or mutual fund... Read More
On Friday or Saturday evening my wife gets a movie... Read More
Every year I go to the Money Show in Orlando,... Read More
The bear market that showed up at the end of... Read More
When it comes to stock market trading it PAYS to... Read More
The thinking process of the brain relating to the... Read More
Four blind men were asked to give a description of... Read More
What a great statement!I just heard someone use it in... Read More
It looks like we have now entered a new bull... Read More
Every day I hear from the "experts" on CNBC-TV and... Read More
I am hearing predictions by brokers, financial planners, talk show... Read More
Carefully thinking through your goal as a trader is of... Read More
One of the big advertising kicks today from mutual funds... Read More
Wall Street's watchword has always been diversification, but what does... Read More
Professional stock options traders use the term lean to refer... Read More
Investors who exclusively use broadly diversified, no load mutual funds... Read More
This is a guide to the different types of mutual... Read More
Buy high and sell low -- It's not a typo.Millions... Read More
Ever jumped out of an airplane? It's OK if you... Read More
There are formulas for just about everything, but it has... Read More
Financial markets provide their participants with the most favorable conditions... Read More
You may have wondered why your mutual funds have been... Read More
The greatest stock market myth is the idea that investing... Read More
Do you own any mutual funds? In an IRA or... Read More
Someday you may want to retire and continue to live... Read More
pet-friendly home cleaners Mundelein ..It has fallen upon the consumer to make our economy... Read More
Exchange Traded Funds (ETFs) are growing. Investors are choosing low... Read More
The Macedonian Stock Exchange (MSE) is not operating successfully. True,... Read More
Professional stock options traders use the term lean to refer... Read More
Well maybe that's overstating it a little, but it's certainly... Read More
On the 40 year journey through the turmoil of a... Read More
When you become interested in a stock or mutual fund... Read More
Using Swing Trading Strategies and Technical Analysis when Trading Stocks... Read More
Caught in a whirlpool and being sucked under. No life... Read More
At some time in your life you have been on... Read More
Just about now everyone is confused as to which way... Read More
If you don't know where you are going any road... Read More
You have heard about a particular mutual fund from a... Read More
For the year 2000 we have seen hundreds of mutual... Read More
You must take the time once a month to review... Read More
Ever have one of those sample boxes of candy? Each... Read More
How is it possible that trash Companies are posting less... Read More
Ever turn down a street, get half way and suddenly... Read More
One of the most believed bits of conventional wisdom from... Read More
One Saturday morning, while he was sitting at his computer... Read More
Did you run out to buy that duct tape yet?... Read More
I'll bet with almost anyone that has stocks or mutual... Read More
It is difficult to make money in a bull market,... Read More
One of the main reasons many of us get into... Read More
Success in small cap & micro cap stock trading like... Read More
Stocks & Mutual Fund |