You probably know the story of Sherlock Holmes and the 7% solution. He had a drug addiction. He needed the drug. He was able to control his addiction by taking the drug in a 7% concentration. Anyone with common sense knows you cannot survive on 7%. It is a slow death.
When you retire you are familiar that most brokers and financial planners recommend you go into nice safe bonds that pay about 7% annually. That 7% solution will barely keep you alive until you die. Isn't there a better solution?
Conventional wisdom states that you should become extremely conservative when you are old and retire so your funds will last you until you check out. Let me assure there is no such thing as a conservative investment. That is an oxymoron. Even nice safe bonds have a way of going down the toilet. Even municipal bonds. So far U.S. government bonds have stood the test of time. That is, if you can live off that little 7% income. There is a better solution. I like the 1% solution. No, not 1% annually, but 1% weekly. No I am not kidding. Personally, I only invest in mutual funds and my return is usually about 1% per week. It can be done.
Brokers and most financial planners ("experts") will have you in a diversified portfolio - stocks, bonds, mutual funds, real estate, etc., that changes as you get older. I also believe in mutual funds, only no-load mutual funds. My diversity is in different types of funds, but only in funds that are in the top 1% or better of all funds. There are more than 8,000 mutual funds and I pick the ones that are the best performers for the past 12 months and I check monthly to see they remain there. If it doesn't, I sell it and buy one that is. You can check this by looking in Investor's Business Daily newspaper as they list the top 25 for the past 6 months and 12 months. Forget 3 years and 5 years. You pick yours from the top ten. If you will do this you will average just about 1% per week in any bull market.
Isn't it time you looked at the 1% solution for your finances?
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; http://www.mutualfundmagic.com
One of the big advertising kicks today from mutual funds... Read More
Let's assume that you want to make some serious money... Read More
If you have been dealing with mutual funds for any... Read More
There is so much involved in developing peak performance, that... Read More
When you stand on the ocean shore and watch the... Read More
You remember (they show it on TV every year) the... Read More
In today's volatile and confusing stock markets everyone is searching... Read More
In 1960 an engineer working for a watch company in... Read More
The demand for world oil is increasing while world reserves... Read More
There is a current movie entitled "Eternal Sunshine of the... Read More
It is difficult to make money in a bull market,... Read More
Have you seen all those big full page ads for... Read More
Spread trading is a technique that can be used to... Read More
There is a famous cliff on the ocean in Acapulco... Read More
Money: the most charged word in the planet. It means... Read More
Just 30 years ago the stock market was a shadow... Read More
Someday you may want to retire and continue to live... Read More
It looks like the market is ready to start up... Read More
Several times each month I am solicited by various market... Read More
Buy high and sell low -- It's not a typo.Millions... Read More
Where is the beef? Or maybe it should be where... Read More
I'll bet with almost anyone that has stocks or mutual... Read More
Exchange Traded Funds (ETFs) are growing. Investors are choosing low... Read More
Both the stock market and oil prices rallied recently, which... Read More
Options trading can increase the profits you make when trading... Read More
Wood Dale limo ..This is a guide to the different types of mutual... Read More
Because there are so many stocks that are NOT paying... Read More
Before you embark upon a journey of trading stocks or... Read More
One of the big advertising kicks today from mutual funds... Read More
Have you been listening to the talking heads on CNBC-TV?... Read More
It has fallen upon the consumer to make our economy... Read More
The Shadow knows. There used to be a radio program... Read More
Mutual funds and brokers are always preaching not to buy... Read More
Right now there doesn't seem to be any "gold fever".... Read More
After some forty years of banking and investments, I retired... Read More
When you stand on the ocean shore and watch the... Read More
Carefully thinking through your goal as a trader is of... Read More
How is it possible that trash Companies are posting less... Read More
If you were to find that you had some severe... Read More
How can you dispel an illusion unless you look directly... Read More
IT'S REMINISCENT OF THE OLD children's tale about an old... Read More
I go to the Money Show every year to visit... Read More
As the man said, "I've got some good news and... Read More
Profitable day traders recognize that momentum trading is among the... Read More
Starbucks earnings are up again and so is their stock... Read More
You may have wondered why your mutual funds have been... Read More
Any online investor / trader seeks an excellent off or... Read More
All stock trading and investing methods must deal with the... Read More
It looks like the market is ready to start up... Read More
I have watched my cat play with a bag of... Read More
Stocks & Mutual Fund |