Selling

The stock market has been going up for more than 7 months and many investors who held on through the big crash of 2000 are seeing their portfolios get back some of what had disappeared. Is now the time to sell those equities that are 'even' with what you paid for them? No.

The reason I say "no" is because that is a guess and to be a successful investor you don't want to be guessing. That is a sure way to go broke. Then what is a better way? When you talk with a broker he never advises you to sell. In that case you could be sucked into another huge downward move. There must be a way.

Yes, there is. You let the market tell you. No, you don't have to be clairvoyant. When you buy any stock or mutual fund the first question for your broker should be, "When do I sell?" If he says you should hold on "for the long haul" I definitely recommend you fire him and find someone who knows how to protect your capital. If you buy a stock or fund for $40 per share you must know immediately how much you are willing to risk (lose) if that equity starts down instead of up. The same applies to giving back any of the profits you have earned.

When you are playing poker you don't put more money in the pot when you have a mixed suit 2, 5 and 10. The best thing to do is fold.

Over the last few months almost everyone has seen his stock and funds go up and he thinks he is a genius for hanging on. Don't confuse genius with a bull market. So what do I mean let the market tell you? It actually is very simple. You place an Open Stop Loss Order with your broker on all your stocks. You determine the risk and place the loss limit at that point. Some people use 10% and others may limit their loss to 7% and yet others to 15%. That is your risk quotient.

You will find that if your stock or fund is sold as a result of the stop loss that in 4 to 6 months that equity will be lower than where you got out even if it went higher for a short period of time. When a stop is executed don't look back. Find another equity or keep your money in cash in a money market account. Cash is a position. Sometimes it will make you more money than owning any stock especially when the market is headed down.

People become confused by Wall Street into thinking that buying right is the way to make money. Wrong! The secret of success in the market is a well disciplined exit strategy. Know when to hold 'em and know when to fold 'em.

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.

Tinley Park executive chauffeured services .. Lockport Chicago limo O’Hare

In The News:

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.

You can reset your internet router remotely if you're not home when your power goes out. Kurt "CyberGuy" Knutsson explains how this can be done.

The EO Canopy is a self-sustaining, solar-powered camping platform designed to provide all the comforts of home while completely off the grid.

Experts say hackers who used to focus on Windows operating systems are increasingly targeting Apple IDs as part of a new phishing campaign.

Unitree, a Chinese robotics company that developed a backflipping robot, has now introduced a humanoid robot capable of doing a side flip.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

According to the FBI, cybercriminals are sending extortion letters, threatening to release victims' sensitive information unless a ransom is paid.

FireSat is a satellite project designed to detect and track wildfires early, aiming to detect a fire that's the size of a classroom within 20 minutes.

Tech expert Kurt “CyberGuy" Knutsson reports that researchers have uncovered a Chrome vulnerability used in a cyber espionage campaign.

Preserving voicemails securely on Android: Tech expert Kurt “CyberGuy" Knutsson reveals easy methods to keep memories alive forever.

This phishing kit bypasses 2FA via session hijacking and real-time credential theft. Kurt “CyberGuy" Knutsson offers four ways to stay safe from Astaroth phishing attacks.

Tech expert Kurt “CyberGuy" Knutsson discusses Joby Aviation and Virgin Atlantic planning to launch 200-mph U.K. air taxis linking airports and cities.

Selling

Stocks & Mutual Fund