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
Success in small cap & micro cap stock trading like... Read More
There is no question that the stock market is being... Read More
All stock trading and investing methods must deal with the... Read More
Recently I was invited to appear on a live CNNfn... Read More
People are constantly asking me why is the stock market... Read More
With the stock market stubbornly refusing to settle down and... Read More
How often have you come across an advertisement or e-mail... Read More
I read a comment by a forum member on another... Read More
Index Fund Trading can be one of the most profitable...or... Read More
How many people went to a cash position this week?... Read More
The gleam and bright lights of Wall Street lure in... Read More
One of the most believed bits of conventional wisdom from... Read More
We all know that emotions control every decision that an... Read More
How many times have you said to yourself, "I'd like... Read More
I love roller coasters. The steeper the better. High and... Read More
Reduce your investing and stock market risks by:Setting your sights... Read More
Never lose money in the stock market again. Yeah, I... Read More
The bear market that showed up at the end of... Read More
Every day I hear someone on CNBC proclaim that "this... Read More
This is the continuing story of our two imaginary traders,... Read More
A 'stock option' is a contract between two parties giving... Read More
This is a rather simple strategy with which I am... Read More
For weeks, no, months we have been bombarded with nothing... Read More
Every publicly traded company is required by the SEC(Securities and... Read More
What the heck am I talking about?It is often said... Read More
last minute cleaning help Highland Park ..There has been great condemnation recently because China has been... Read More
The date October 13, 2000 will forever be embedded in... Read More
Mutual funds were moderately successful in creating a presence in... Read More
A Guide to Using Stop Loss Orders Stop losses are... Read More
When it comes to stock market trading it PAYS to... Read More
How many times have you said to yourself, "I'd like... Read More
Question: How does it get better when it gets worse?Last... Read More
Let's say you are interested in this one company. You... Read More
Analyzing growth stocks is an important focus for any investor.... Read More
Invest in the stock market for the RIGHT reason, using... Read More
If you haven't heard of the technical indicator with the... 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
Every stock market investor faces one primal enemy. An enemy... Read More
The bear market that showed up at the end of... Read More
I'll bet with almost anyone that has stocks or mutual... Read More
The trading method you employ to approach the stock market... Read More
Using Swing Trading Strategies and Technical Analysis when Trading Stocks... Read More
Stock investment advice is easy to find. Do you get... Read More
Wouldn't it be nice if you were only in the... Read More
"There is nothing more frightful than ignorance in action!" Johann... Read More
Did you run out to buy that duct tape yet?... Read More
Economists know more about how the fragments of society work... Read More
Dollar cost averaging is one of the most popular ideas... Read More
You must take the time once a month to review... Read More
Stocks & Mutual Fund |