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
(1) CHK stock price $16.74, NAV $32.5CHK is my favorite... Read More
Have you bought any mutual funds this year or late... Read More
Did you run out to buy that duct tape yet?... Read More
I have a 2-car garage. There are nice shelves on... Read More
If you are serious about making and keeping money by... Read More
Well, not really. What I mean is I don't mind... Read More
Just about everything you have been told about Social Security... Read More
There are formulas for just about everything, but it has... Read More
Sidney felt sick as she looked at her latest OptionsXpress... Read More
There is no question that the stock market is being... Read More
When it comes to stock market trading it PAYS to... Read More
Question: How does it get better when it gets worse?Last... Read More
Just about now everyone is confused as to which way... Read More
Are you attracted to the idea of being in control... Read More
It has fallen upon the consumer to make our economy... Read More
One of the great truisms of Wall Street is "Don't... Read More
Right now there doesn't seem to be any "gold fever".... Read More
For the last 12 years we have seen the Japanese... Read More
Yesterday I received my monthly issue of MONEY magazine. This... Read More
It is commonly reported that the stock market averages about... Read More
Jack and Jill went up the hill to fetch a... Read More
You read and hear a lot about hedge funds. Unfortunately,... Read More
For years investors have been taught to look into the... Read More
Whenever I see mutual fund comparisons in the trade publications... Read More
Inverted interest rates? What's that? Who cares? Even if you... Read More
premium house cleaning Glenview ..Minority Report the movie may not be far off if... Read More
The Bollinger Band theory is designed to depict the volatility... Read More
04/28/2005NASDAQ dropped -12.5% year to date in 2005. S&P500 index... Read More
Wouldn't it be nice if you were only in the... Read More
I have watched my cat play with a bag of... Read More
If you were to find that you had some severe... Read More
If you have been dealing with mutual funds for any... Read More
Jack and Jill went up the hill to fetch a... Read More
Did you know you can make money (and a lot... Read More
In November of 2000 when the NASDAQ was trading at... Read More
What is leverage?Here is a definition of leverage from an... Read More
So you're started trading, you bought some positions with your... Read More
Wall Street's watchword has always been diversification, but what does... Read More
When it comes to 401k's there is an overabundance of... Read More
All of the talking heads have been telling us that... Read More
A Guide to Using Stop Loss Orders Stop losses are... Read More
If there is one term over-used when talking about making... Read More
Disclaimer: Please note that I do not necessarily purchase, own,... Read More
It is finally catching up with them. The brokerage companies... Read More
Sometimes the best way of lowering exposure to risk is... Read More
There are so many kinds of work that needs to... Read More
(1) Stock Market is Tough Place to Make Any Money... Read More
It has been said that low cost or even free... Read More
Money: the most charged word in the planet. It means... Read More
If you go to Haiti or other places in the... Read More
Stocks & Mutual Fund |