Regardless of the fact that the world's stock markets have shown absolutely no growth between the date of writing this article (Late April 2005) and the late 1990s, they should still be looked at with more than just a sideways glance.
Speak gently to them, speak well of them to your friends, learn to trust them, cuddle up close and get to know them - and they will reward you in a way that the banks, mutual funds (Unit Trusts in the UK), pension funds and insurance companies never can or will.
The Personal Stock Market Revolution is here, and it's here right now - on a computer screen near you.
You see, thanks to the internet and the "information super highway" (now there's a phrase that's disappeared in the last few years) anybody and everybody can easily beat the Wall Street professionals at their own game.
And it's so simple, even a child could do it.
Seriously, even a child could do it.
Everything you need to trade or invest on your own account is just a click of a mouse button away and it's online right now waiting your command - in fact there's so much information, there may even be too much.
This is the first in a series of articles about the Stock Market and what it can do for you - if you learn to love it allow it to be your friend.
So stop being afraid and jump on in - you'll never regret it.
But before we progress, let's put some semi-negative thoughts into your head and then in the next article we'll try and expel those thoughts and get you thinking positively.
For example, the world and his dog knows...
Over the past few years the world's stock markets have been in a "slump".
OK, ok - you've got me there. Yes its true (after a fashion). Here are the facts:
At the time of writing the US Dow Jones Industrial Average (the Dow) closed last evening at 10198 - more or less exactly the same as it's close on the 5th April 1999 (10174) - That's what appears to be 6 whole years with no growth.
At first sight your probable first reaction is; that looks awful, and I'd be inclined to agree.
But as with all "bareboard figures", the truth is often concealed behind the headline.
Here's the truth behind the figures you see in the media...
You may or may not know that when looking at the stock markets with a view to profiting from them, you can take almost any time frame you wish - the markets are in a constant dynamic state of change.
It moves by the second, the minute, the hour, the day, the week, the month and the year and whenever it moves there is money to be made (and lost by some - ask the Enron investors, including a lot of very large pension funds in America).
But for the sake of convenience and space in this article, we'll just look at the weekly time frame over the year (59 weeks) from April 1999.
The Bare "Headline" Facts:
However, during that 14 months...
So, althought the Dow only "officially" moved 125 points during that 14 month period, there were at least 6 potential trades for a total of 7851 points.
Put another way, the Dow during that 14 month period acually moved up and down for a total of 77% of it's starting points total.
Quite staggering.
And each one of those points could have been dollars in your pocket (or any other currency, because wherever you live in the world you can trade any stock market you wish - and profit from all of them)
Sounds weird?
I'm sure it does, but you'll soon get the hang of it.
Remember what I said earlier?
"It's so simple, even a child could do it"
So maybe it's time to re-discover the child in you and profit accordingly.
In the next article, we'll compare the performances of the highly paid Wall Street fund managers and analysts.
But make sure you sit down before reading it - you'll be shocked at just how bad they are!
More next week...
Geoffrey Cummins is a full time stock market trader and has spent the last 12 years developing what he calls his "weedy little spreadsheet trading system", giving him some unique insights into the working of the world's stock markets.
Under pressure from friends and family, Geoffrey is now making his unique insights and trading signals available to a worldwide audience.
No wild claims, just common sense advice and the best Risk Free Trial (a full 90 days for less than $5 a week) on the internet all backed up by his unique 3 part / 300% guarantee.
If he doesn't provide you with a minimum return on your investment of 300% (the banks best offer is 3%. Not guaranteed) - he'll give you your money back. No questions asked
?Geoffrey Cummins 2005
shuttle to Midway Beardstown .. Lockport Chicago limo O’HareEver notice how behavior in one area of life can... Read More
A PEG ratio cannot be used alone but is a... Read More
Before we get into all the good news out there,... Read More
As GuruFocus updates the stock buys and sells of gurus,... Read More
You may have wondered why your mutual funds have been... Read More
Ever jumped out of an airplane? It's OK if you... Read More
It is wonderful to be alive in the information age.... Read More
Mutual funds and brokers are always preaching not to buy... Read More
The big bad bear is stirring again. So far he... Read More
There are many important things you need to know to... Read More
It is difficult to make money in a bull market,... Read More
It looks like the market is ready to start up... Read More
What are you thinking when it comes to your no... Read More
Carefully thinking through your goal as a trader is of... Read More
Having lived aboard a sailboat for 2 years I was... Read More
Suppose your position has made a big move and you... Read More
Maximizing a stock market investmentThere are several factors an investor... Read More
AS BUILDERS BEGIN WORK ON THE FREEDOM TOWER in New... Read More
I don't know what kind it is, but I saw... Read More
If you are a baby boomer, time is not on... Read More
A colleague of mine just returned from a scuba diving... Read More
I use the P/E ratio as a secondary indicator for... Read More
Are you paying any attention to your retirement savings? Do... Read More
When will the stock market stop going down and start... Read More
Since I can remember, and that's a long time ago,... Read More
Green Bay Hummer H2 SUV rentals ..For years investors have been taught to look into the... Read More
Analyzing growth stocks is an important focus for any investor.... Read More
I'll bet with almost anyone that has stocks or mutual... Read More
Inverted interest rates? What's that? Who cares? Even if you... Read More
Profitable day traders recognize that momentum trading is among the... Read More
Caught in a whirlpool and being sucked under. No life... Read More
Wall Street's watchword has always been diversification, but what does... Read More
You'd have had to be living on a desert island... Read More
How many times has this happened to you? You're at... Read More
This is a rather simple strategy with which I am... Read More
I go to the Money Show every year to visit... Read More
(1) Stock Market is Tough Place to Make Any Money... Read More
Mutual funds are doing more and more to discourage investors... Read More
"Buy and hold" is one of the most heralded investment... Read More
If you are fed up with early redemption charges and... Read More
It has often been said that there is only two... Read More
A few years back ? it seems like an eternity... Read More
The stock market has not been very kind to your... Read More
Let's assume that you want to make some serious money... Read More
The gleam and bright lights of Wall Street lure in... Read More
What can I expect to make my first year of... Read More
Hello Inflation, it has been awhile, I see you on... Read More
What the heck am I talking about?It is often said... Read More
From the book 'The Stockopoly Plan' by the author Charles... Read More
In his wonderful book, 'Multiple Streams of Income', best selling... Read More
Stocks & Mutual Fund |