An Old Proverb for Investing

"If you don't know where you are going, any road will get you there."

This very much applies to the your retirement plans especially if you are investing in the stock market. The proverb clearly states you need to know where you are going and how to get there. Right now, do you know how much money you are going to need to retire in the style you wish and, right now, do you have a plan to get that money put away?

Unfortunately, most people don't. Many are saving, but with no plan. Are you one of those who let his broker or financial planner do the investing for you? I sure hope not. When I owned my brokerage company I can tell you about 1% of these "experts" know how to make money. My definition of a broker is one who makes you broker.

Brokers will talk circles around you with all the usual Wall Street smoke and mirrors. Their two great myths are "Buy and Hold" and "Dollar Cost Averaging", both of which don't work very well. And then they will mesmerize you with "Research" which is the greatest waste of time I can think of. Brokers are not taught how to make money and they don't even realize it. Their training is designed to keep the brokerage house from being sued. Brokers have been good students, but badly taught.

Let me prove that to you. If research was so good then why isn't every broker rich? He has access to more information than you will ever be able to get. The big wire houses subscribe to tons of information. Brokers seem to confuse information with money-making. Information is of no value at all if you can't turn it into the purchase of a stock or mutual fund that is going up.

I maintain you don't need to know anything about a stock or mutual fund. All you need to do is look at a chart of a particular equity and if it is going up at a 30-degree angle over the long term (last 3 months), then buy it. When it quits going up, sell it and find another one. Brokers will tell you this is too simplistic and won't work. As I said they have been badly taught.

If you are not happy with the returns on your investment portfolio you will want to reanalyze your goal. Set an amount. Change direction. Get on a better road to achieve that goal.

You cannot rely on someone else to do it for you. It is not their money, it is yours. No one will take the interest in that you do. Just do it!

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.

housekeepers near Buffalo Grove ..

In The News:

Analysts at Silent Push have uncovered a widespread scam that uses counterfeit retail websites to steal the credit card information of online shoppers.

Chrome users need to update their browsers immediately as Google addresses a critical vulnerability that hackers are actively exploiting. Additional security measures are recommended.

A study found teens glance at phones for dangerous two-second intervals while driving, using devices primarily for entertainment, texting and navigation despite crash risks.

Security researchers uncovered a flaw in Windows 11 that allows attackers to disable Secure Boot using Microsoft-signed tools, requiring manual updates to protect against bootkits.

Carnegie Mellon's noninvasive brain technology allows users to move robotic fingers by thinking about the motion, offering new possibilities for people with motor impairments.

Multi-factor authentication (MFA) adds an extra layer of protection to your accounts. Instead of relying only on a password, MFA requires you to verify your identity using two or more methods.

Scientists from Duke, Harvard, and the University of Otago have unveiled a game-changing tool called DunedinPACNI. It uses a single AI brain scan to reveal how fast a person is biologically aging.

A disturbing wave of fake agent phone scams is sweeping across the United States, catching people off guard and draining their savings.

Emojis aren't just playful add-ons; they're powerful tools for building stronger connections in our increasingly digital world.

Google has taken a major step toward the future of clean energy by partnering with Commonwealth Fusion Systems (CFS), an MIT spin-out working to build one of the world’s first commercial fusion reactors.

If you create and share art online, you might have seen messages warning that Facebook's parent company, Meta, claims the right to use or even sell anything you post, whether it's pictures, poems, or artwork.

Cybercriminals hit Qantas in a major data breach that exposed information from up to six million customers.

Having reliable, loud, and timely emergency alerts on your phone or device is important because when severe weather strikes, every second counts.

Here's how your daily brew is becoming the foundation for greener buildings.

Artificial intelligence (AI) and large language models (LLMs), such as ChatGPT, are transforming how we learn. But what does this mean for AI and learning retention?

Modern AI data centers use much more electricity than traditional cloud servers. In many cases, the existing power grid cannot keep up. One innovative solution is gaining traction: repurposed EV batteries for AI data centers.

Microsoft 365 and Outlook users are being targeted by a tactic that injects fake billing alerts directly into their calendars.

Researchers are now showing us that old smartphones as data centers could be the next big thing in sustainable tech.

Scientists have created micro-robots for sinus infection treatment that can enter the nasal cavity, eliminate bacteria directly at the source, and exit without harming surrounding tissue.

Let's examine how your data is collected in everyday life, who is buying and selling it, what happens to it afterward, and, most importantly, what you can do to protect yourself.

Researchers at the University of Sheffield in the U.K. developed small robots called "Pipebots" that can travel inside water pipes to find and potentially repair leaks, all without any excavation.

A groundbreaking new study has uncovered disturbing AI blackmail behavior that many people are unaware of yet.

Four teams of autonomous humanoid robots competed in China's first AI soccer tournament, demonstrating advanced capabilities in ball detection and independent decision-making.

The ID. Buzz autonomous van features self-driving technology with 13 cameras, nine LiDAR units and five radars after Volkswagen partnered with Hamburg and Uber for 2026 deployments.

Social Security phishing scams use urgency and impersonation to steal personal data. Learn how to spot fake SSA emails and implement 10 protective measures.

An Old Proverb for Investing

Stocks & Mutual Fund