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
The stock market can present you with a lot of... Read More
The stock market has been in an up trend for... Read More
It seems that every day I turn on the TV... Read More
Are hedge funds a suitable investment for you? Hedge funds... Read More
A Guide to Using Stop Loss Orders Stop losses are... Read More
As a novice trader, you'll often feel the need to... Read More
A few years back ? it seems like an eternity... Read More
Sometime in the third quarter of 1997, someone told me... Read More
The bulls and bears of the stock market are both... Read More
A PEG ratio cannot be used alone but is a... Read More
One of the most believed bits of conventional wisdom from... Read More
Ever wondered what is a mutual fund? A mutual fund... Read More
Stocks breakout from properly formed bases everyday but many investors... Read More
According to Investopedia Inc. the penny stock market has seen... Read More
Recently I was invited to appear on a live CNNfn... Read More
It has been said that low cost or even free... Read More
Every day on CNBC-TV they show a 200-day moving average... Read More
When is a dividend not a dividend?The latest thing "conservative"... Read More
Every year I go to the Money Show in Orlando,... Read More
Ever have one of those sample boxes of candy? Each... Read More
One of the great truisms of Wall Street is "Don't... Read More
You probably have been told that options are risky. Even... Read More
Starbucks earnings are up again and so is their stock... Read More
What! Me worry?Many of you remember the cover of MAD... Read More
I feel that an investment strategy in the stock market... Read More
whole house cleaning Park Ridge ..I know there are a lot of you out there... Read More
Let's go into the details of why non-indexed mutual funds... Read More
Sidney felt sick as she looked at her latest OptionsXpress... Read More
Unfortunately, most of you who are reading my column are... Read More
Both the stock market and oil prices rallied recently, which... Read More
The stock market has been in an up trend for... Read More
IT'S REMINISCENT OF THE OLD children's tale about an old... Read More
What can I expect to make my first year of... Read More
I love roller coasters. The steeper the better. High and... Read More
The demand for world oil is increasing while world reserves... Read More
Every broker and financial planner will tell you that you... Read More
The fight continues to rage among traders who use technical... Read More
I'll bet with almost anyone that has stocks or mutual... Read More
When an individual investor wants to roll up his sleeves... Read More
For the last 12 years we have seen the Japanese... Read More
The debate rages all over Eastern and Central Europe, in... Read More
How often have you come across an advertisement or e-mail... Read More
You must take the time once a month to review... Read More
One of the great "secrets" of successful people is discipline... Read More
The Dow Theorycharles h. dowcharles h.... Read More
Have you seen all those big full page ads for... Read More
I have been trading for several decades and was an... Read More
The gleam and bright lights of Wall Street lure in... Read More
Why? Because I am going to shatter your conventional wisdom... Read More
In one of my previous articles (Investing in the stock... Read More
Stocks & Mutual Fund |