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
best cleaning company Lincolnshire ..An investor can find and research the best stock on... Read More
What does it mean to short a stock?This means that... Read More
Ever wondered what is a mutual fund? A mutual fund... Read More
I have been trading for several decades and was an... Read More
Ever have one of those sample boxes of candy? Each... Read More
Using Swing Trading Strategies and Technical Analysis when Trading Stocks... Read More
Sometime around 1980, can't remember exactly, there was a flight... Read More
Invest in the stock market for the RIGHT reason, using... Read More
Regardless of the fact that the world's stock markets have... Read More
1. Do not spread your money too thin.My friend has... Read More
There is a famous cliff on the ocean in Acapulco... Read More
Success in small cap & micro cap stock trading like... Read More
We learnt the following the hard way! If any of... Read More
Do you have a financial planner? Does one of your... Read More
One of the most believed bits of conventional wisdom from... Read More
Mutual fund investing is a lot like Thai cooking. Everyone... Read More
04/28/2005NASDAQ dropped -12.5% year to date in 2005. S&P500 index... Read More
Recently I watched my favorite football team lose a vital... Read More
If you were to find that you had some severe... Read More
The stock market has been going up for more than... Read More
Alfred Winslow Jones started hedge funds in 1949. He was... Read More
For some "long term" would mean holding a stock position... Read More
If you don't know where you are going any road... Read More
When it comes to buying a stock or mutual fund... Read More
What are you thinking when it comes to your no... Read More
on demand house cleaning Lake Forest ..If you have been watching the stock market at all... Read More
Exchange Traded Funds (ETFs) are growing. Investors are choosing low... Read More
I constantly hear the talking heads on CNBC-TV, the radio... Read More
Several times each month I am solicited by various market... Read More
Before you embark upon a journey of trading stocks or... Read More
If you're a normal human being, your need to feel... Read More
Let's go into the details of why non-indexed mutual funds... Read More
Ever wondered what is a mutual fund? A mutual fund... Read More
Let's first define insanity. It is doing the same thing... Read More
This is an extract of an article which was first... Read More
Every stock market investor faces one primal enemy. An enemy... Read More
For the year 2000 we have seen hundreds of mutual... Read More
There are many good penny stock investments available, which could... Read More
Over the past few months, several investment professionals have brought... Read More
If you have a pension plan at work you will... Read More
We keep hearing about this bear market and that the... Read More
The stock market can present you with a lot of... Read More
How do you invest? What do you really pay? At... Read More
Sometime in the third quarter of 1997, someone told me... Read More
Dollar cost averaging is one of the most popular ideas... Read More
'Sector funds are too risky.' 'I doubled my money with... Read More
Most stock market traders have a favorite technical indicator.The one... Read More
Should the market turn against you, it is important that... Read More
Minority Report the movie may not be far off if... Read More
It is difficult to make money in a bull market,... Read More
Stocks & Mutual Fund |