When will the stock market stop going down and start up again? If we knew that we'd all be jillionaires. So what do you do now while stocks are going down and stealing away your money every day?
What does history tell us? Here is one very interesting fact. From 1920 to 2000 there were 3 bull markets that lasted about 16 years each. It seems the most recent one ended at the end of 1999. What is most scary about this is that after these long bull markets each one was followed by another period when the stock market went down or sideways for another 16 years. Look on the bright side. We only have 14 more years to wait for the next bull market.
Wait a minute ?
Wall Street has been telling us this is only a correction and now is the time to buy. What do you think they are going to tell you? They have stocks to sell and must make commissions or they will be out of business. Someone has to buy that stuff and guess who got picked? Right. You.
There are only a couple of safe places. A government-backed money market fund or some government short to intermediate bonds that will pay you about 5%. Unfortunately, too many people still think the stock market is going to make new high prices, but it ain't gonna happen. The smartest thing you can do is protect your money from further depreciation. If you don't take action now you will see your money disappear at about 10% to 20% (maybe more) over the next couple of years. I know your broker said the market always comes back. Well, I hope it does - in your lifetime. But you have to be smart enough to protect what you have right now.
The few wise men of Wall Street who speak the truth ? Sir John Templeton, Warren Buffet and a few others ? have said you will be lucky to make 5% over the next few years. To me that means you can be safely in bonds and sleep at night.
The great secret of success in the stock market is not buying; it is selling. Any fool can buy, but unless you know when to sell you are in trouble. Go thru the stocks and mutual funds you own right now and ask yourself this question: Would I buy this puppy now? If the answer is 'NO' then the best thing to do is sell it and put your money in something that will not depreciate over the next 14 years.
Rule one: Don't lose money. What are you doing to protect yours?
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
You remember (they show it on TV every year) the... Read More
Reach in your pocket and take out that big roll... Read More
There are many good penny stock investments available, which could... Read More
Regardless of the fact that the world's stock markets have... Read More
There are major differences between trading stocks and trading futures.... Read More
Success in small cap & micro cap stock trading like... Read More
One of the great truisms of Wall Street is "Don't... Read More
Sometime in the third quarter of 1997, someone told me... Read More
One Saturday morning, while he was sitting at his computer... Read More
If it walks like a duck, quacks like a duck... Read More
Ever notice how behavior in one area of life can... Read More
Let me start by saying that...Most online brokers do not... Read More
Every Wall Street analyst, financial planner and broker will tell... Read More
With the stock market stubbornly refusing to settle down and... Read More
The bear market that showed up at the end of... Read More
Every broker and financial planner will tell you that you... Read More
As an investor you will want to check out any... Read More
For years I have been saying you must have a... Read More
A 'stock option' is a contract between two parties giving... Read More
Buy high and sell low -- It's not a typo.Millions... Read More
Let's say you are interested in this one company. You... Read More
It looks like the market is ready to start up... Read More
The ABC's of Stock Trading SuccessStock trading success...why is it... Read More
Before you buy another car you walk around the lot,... Read More
You'd have had to be living on a desert island... Read More
on demand house cleaning Lake Forest ..I am sure that if you have a brokerage account... Read More
A colleague of mine just returned from a scuba diving... Read More
Regardless of the fact that the world's stock markets have... Read More
When you become interested in a stock or mutual fund... Read More
With the internet such a huge part of our daily... Read More
I read a comment by a forum member on another... Read More
Recently I watched my favorite football team lose a vital... Read More
Stock trading can be a very profitable activity. You can... Read More
Are you paying any attention to your retirement savings? Do... Read More
Two weeks ago I wrote about what the Securities and... Read More
One of the great "secrets" of successful people is discipline... Read More
When you invest in the stock market for ever-increasing cash... Read More
With an insecure job market, overworked employees, insufficient retirement savings... Read More
How do you make money without picking tops and bottoms?I... Read More
The spring-loaded rat catcher is the ultimate low-tech device invented... Read More
The Law of Chaos is the theory of random unpredictable... Read More
Mutual funds were moderately successful in creating a presence in... Read More
I continually hear from economists, talking heads, other market letter... Read More
Since I can remember, and that's a long time ago,... Read More
Four blind men were asked to give a description of... Read More
There are red lights, green lights, blue lights and spot... Read More
You probably have been told that options are risky. Even... Read More
Having lived aboard a sailboat for 2 years I was... Read More
The Shadow knows. There used to be a radio program... Read More
Yesterday I received my monthly issue of MONEY magazine. This... Read More
Stocks & Mutual Fund |