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
An insane person cannot evaluate an insane evaluation system.As you... Read More
This article describes the model of a natural relationship between... Read More
Ever turn down a street, get half way and suddenly... Read More
Regardless of the fact that the world's stock markets have... Read More
Most stock market traders have a favorite technical indicator.The one... Read More
I read a comment by a forum member on another... Read More
Everyone who invests in the stock market wants to be... Read More
The stock market has not been very kind to your... Read More
We learnt the following the hard way! If any of... Read More
Robert Rodriguez likes to buy stocks at their lows. When... Read More
This is a guide to the different types of mutual... Read More
It takes a total mental commitment to the task. It... Read More
For years investors have been taught to look into the... Read More
We all know the expression, "My country, right or wrong",... Read More
In his wonderful book, 'Multiple Streams of Income', best selling... Read More
If you have talked to a stock broker or financial... Read More
I constantly hear the talking heads on CNBC-TV, the radio... Read More
There are so many kinds of work that needs to... Read More
Fundamental analysis.Fundamentals analysis says the best way to predict the... Read More
Let's discuss commodities; with the latest Enron situation, it is... Read More
The thinking process of the brain relating to the... Read More
Every day on CNBC-TV they show a 200-day moving average... Read More
Recently I watched my favorite football team lose a vital... Read More
Having lived aboard a sailboat for 2 years I was... Read More
We have two candidates for president that have really different... Read More
house cleaning company Glencoe ..Picture one of those clubs where only the real heavyweights... Read More
From the book 'The Stockopoly Plan' by the author Charles... Read More
When it comes to buying a stock or mutual fund... Read More
Everyone who invests in the stock market wants to be... Read More
Duck! No I don't mean a quack, quack. I meant... Read More
Investing in long-term financial vehicles give you the most gains... Read More
Time to look back2004 is over, now we are in... Read More
How do you make money without picking tops and bottoms?I... Read More
Because you don't feel too sure about which stock or... Read More
It has fallen upon the consumer to make our economy... Read More
The trash business in its efforts to cook their books... Read More
I love roller coasters. The steeper the better. High and... Read More
The fight continues to rage among traders who use technical... Read More
Robert Rodriguez likes to buy stocks at their lows. When... Read More
"There is nothing more frightful than ignorance in action!" Johann... Read More
One of the basic laws of physics is that a... Read More
Humpty Dumpty had a great fall and all the King's... Read More
Ever have one of those sample boxes of candy? Each... Read More
With the internet such a huge part of our daily... Read More
If you have not back tested your trading system, you... Read More
In a previously written article, we expanded the use of... Read More
The ABC's of Stock Trading SuccessStock trading success...why is it... Read More
Maximizing a stock market investmentThere are several factors an investor... Read More
(1) Stock Market is Tough Place to Make Any Money... Read More
Congress recently passed another new law that is supposed to... Read More
Stocks & Mutual Fund |