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
Hello Inflation, it has been awhile, I see you on... Read More
Being wrong is OK, but let's not carry it to... Read More
There is no question that the stock market is being... Read More
The recent criminal fiasco in the mutual fund industry is... Read More
If you have been dealing with mutual funds for any... Read More
Mutual fund investing is a lot like Thai cooking. Everyone... Read More
For years I have been saying you must have a... Read More
I am taking the time to help others learn the... Read More
Last time we looked at the real performance of the... Read More
One of the big advertising kicks today from mutual funds... Read More
Every broker and financial planner will tell you that you... Read More
When will the stock market stop going down and start... Read More
The big bad bear is stirring again. So far he... Read More
For the last 12 years we have seen the Japanese... Read More
A few years back ? it seems like an eternity... Read More
Mutual funds were created with the idea that one person... Read More
It is finally catching up with them. The brokerage companies... Read More
Economists know more about how the fragments of society work... Read More
Its dinnertime and the phone rings. It's Joe Noname with... Read More
Intervention. Now don't let that big word scare you. The... Read More
So you're started trading, you bought some positions with your... Read More
Mutual funds and brokers are always preaching not to buy... Read More
Duck! No I don't mean a quack, quack. I meant... Read More
If you don't know what a Roth IRA is then... Read More
I know there are a lot of you out there... Read More
licensed cleaning services Lake Forest ..Regardless of the fact that the world's stock markets have... Read More
Every day I hear from the "experts" on CNBC-TV and... Read More
One of the great truisms of Wall Street is "Don't... Read More
How do you make money without picking tops and bottoms?I... Read More
When an individual investor wants to roll up his sleeves... Read More
Options trading can increase the profits you make when trading... Read More
On the 40 year journey through the turmoil of a... Read More
If there is one term over-used when talking about making... Read More
Wouldn't it be nice if you were only in the... Read More
If you are serious about making and keeping money by... Read More
A 'stock option' is a contract between two parties giving... Read More
Every day in any financial publication you will find the... Read More
Mutual funds are doing more and more to discourage investors... Read More
Robert Rodriguez likes to buy stocks at their lows. When... Read More
It seems that every day I turn on the TV... Read More
Sometime around 1980, can't remember exactly, there was a flight... Read More
Mutual funds were created with the idea that one person... Read More
People are always asking me when should I sell my... Read More
For years I have been saying you must have a... Read More
It is wonderful to be alive in the information age.... Read More
Disclaimer: Please note that I do not necessarily purchase, own,... Read More
Every publicly traded company is required by the SEC(Securities and... Read More
The stock market often closes a week in the middle... Read More
Many people would like to diversify their portfolios to expand... Read More
During the day I watch CNBC-TV, the stock market channel.... Read More
Stocks & Mutual Fund |