Keep Your Profits

It looks like we have now entered a new bull phase in the stock market and I have a question for you. Will you give back the profits that you make this time as you did in 2000? You sure don't want to, but you are not going to get any help from your broker.

The investors (Not really the right term. They were gamblers.) had bought stocks and mutual funds during the 90's and seen them have huge advances. They thought they were going to retire early, buy an island in the Caribbean and drink rum and coke all day with no hassels. All of a sudden the bull was attacked and eaten by a grizzly bear. Dreams of comfortable early retirement went up in smoke as the bull was barbequed.

We saw the technology stocks and many mutual funds lose about 80% of their value. Many people did not want to open their monthly brokerage statements and I couldn't blame them. Were there any way those losses could have been avoided? You betcha, but you won't hear that from your broker.

There is what I call portfolio insurance. It doesn't cost any thing and anyone can have it at no charge. Brokerage companies don't want you to use it much less even find out about it. It is a way of protecting your cash from being eaten by that nasty bear.

While the market is going up you don't even think about any financial calamity, but history has shown as far back as you want to look that the stock market goes up and it also goes DOWN. Over long periods of time it does increase at about 6% per year (including dividends and the inflation factor). During the 90's everyone was a financial genius and saw their accounts going up about 12% per year or more. That is not a sustainable pattern. Those periods do occur and are followed by years of declining prices. You don't want to own stock then, do you?

What you have to decide is how much are you willing to give up before you decide to sell. How much of your money are you willing to risk from here where you are right now. Is it 2%, 5%, 10%, 20% or more? In 2000 we saw $200 stocks go down to $5.00. You sure don't want to take that ride again.

After you make your decision you call your broker and tell (not ask) him you want to place a trailing stop loss order of 7% (whatever) on your position. Most assuredly he will try to talk you out of doing it. That 7% (?) is your insurance that you won't have to sit through a 20%, 40% or more down draught.

He will not "watch your account". That is your money not his. If you care about it you are the only one who will watch it. Place your open stop-loss order and keep your profits.

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.

Copyright 2005

http://www.mutualfundmagic.com; 1-888-345-7870

bmw rental chicago Bensenville .. Lockport Chicago limo O’Hare
In The News:

Microsoft patches 12 critical flaws, but six have already been exploited by criminals. Kurt “CyberGuy" Knutsson says updating your system is only a short-term fix.
Tech expert Kurt “CyberGuy" Knutsson discusses how robots can milk, feed and clean cows on dairy farms, boosting efficiency and comfort.
Tech expert Kurt “CyberGuy" Knutsson says quantum internet ensures unhackable security and redefines online privacy and speed.
Kawasaki's CORLEO is a hydrogen-powered, AI-driven rideable robot. Tech expert Kurt “CyberGuy" Knutsson reports on this new way of thinking about off-road transportation.
The CyberGuy breaks down five mobile privacy terms that could make a difference when it comes to keeping your personal information safe.
A groundbreaking robot that's like a real-life Wall-E uses advanced artificial intelligence to replicate natural gestures and deliberate actions with striking accuracy.
If not properly managed, Windows Defender Application Control, a security feature with Windows, could be a potential security vulnerability.
Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.
FlashBot Arm, a semi-humanoid robot, acts more like a human than traditional robots, and you may see it working at a restaurant, healthcare center or hotel.
There are multiple ways to find your missing Android phone after it goes missing. One method involves using a smartwatch to ping your phone.
The NeuroOne OneRF Ablation System is a new device with FDA-cleared technology designed for both diagnosing and treating neurological disorders in one procedure.
The CyberGuy provides tips to protect yourself from criminals who use various methods to make unauthorized transactions using your account information.
New drone technology maps land and water with stunning accuracy, giving researchers and conservationists a new way to understand our planet.
Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.
X hit with massive data breach with 200 million records leaked, including emails. Tech expert Kurt “CyberGuy" Knutsson offers seven tips to help protect yourself.
Atlas robot by Boston Dynamics amazes tech expert Kurt “CyberGuy" Knutsson with its breakdancing moves.
Tech expert Kurt “CyberGuy" Knutsson talks about how Google kept Android SafetyCore details quiet until it scanned users' photos.
Hydrogen trucks debut in Georgia, sparking debates on costs and green freight gains. Kurt “CyberGuy" Knutsson comments on this promising chapter in green logistics evolution.
Tech expert Kurt “CyberGuy" Knutsson says ChatGPT learns from chats, but you should avoid sharing sensitive information to protect your privacy.
Beyond Aero's BYA-1: Hydrogen-electric jet with zero emissions, reduced costs, 2030 launch. Kurt “CyberGuy" Knutsson discusses a potential game changer in the evolution of air travel.
Kurt "CyberGuy" Knutsson explains how you can creatively repurpose your old unused Android devices, which are full of potential and hidden value.
Mech the super-humanoid robot can lift up to 132 pounds and is designed to tackle stressful and repetitive tasks that often lead to workplace injuries.
Double-clicking is something we all do, often without giving it a second thought. But it could be giving hackers permission to do something dangerous.
Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.
Kurt the CyberGuy offers some of his easy expert tips to free up storage space on your Android if your device is running short on storage.

Economists #2

Economists know more about how the fragments of society work... Read More

Bull or Bear?

Cat or dog? Maybe Zebra. Shucks, I don't know, but... Read More

Valuation

Every day I hear from the "experts" on CNBC-TV and... Read More

Is The Bear In The Cage?

For the last few weeks we have seen the stock... Read More

Inverted Interest Rates

Inverted interest rates? What's that? Who cares? Even if you... Read More

Stops Make Money

During the day I watch CNBC-TV, the stock market channel.... Read More

The Secret Method to Selecting a Winning Trading System

Every successful trader has a winning system. There are of... Read More

Analysts - Do They Really Know The Stock Market?

When you become interested in a stock or mutual fund... Read More

Learn to Calculate a Stock?s Pivot Point

Stocks breakout from properly formed bases everyday but many investors... Read More

Play another Day

Money management starts with protecting your capital, realizing profits and... Read More

Evaluation II

As I said in Part I everyone in the insane... Read More

Analyst Reports

When you become interested in a stock or mutual fund... Read More

Prosperity

It has fallen upon the consumer to make our economy... Read More

Advisory News Letters

Several times each month I am solicited by various market... Read More

Online Broker Trade History Not Doing the Job

Let me start by saying that...Most online brokers do not... Read More

Diversification

Wall Street's watchword has always been diversification, but what does... Read More

Market Success

Who are the successful investors?There are those who follow the... Read More

Option Trading Basics

Options trading can increase the profits you make when trading... Read More

The 401(K): How The Insider Has Stolen Your Retirement!

Mutual funds were moderately successful in creating a presence in... Read More

A Penny for Your Stocks

According to Investopedia Inc. the penny stock market has seen... Read More

One Way Street

Ever turn down a street, get half way and suddenly... Read More

Mindset

In 1960 an engineer working for a watch company in... Read More

Dont Spend Another Dollar on Business Opportunities Until You Read This

With an insecure job market, overworked employees, insufficient retirement savings... Read More

Bollinger Bands Strategies

The Bollinger Band theory is designed to depict the volatility... Read More

Hill of Hope

Just about now everyone is confused as to which way... Read More

Breese limo service at o'hare ..