If you have been watching the stock market at all you are probably very confused. You are not alone. One day is a hundred points up for the DOW and the next a hundred down. What is going on? There are many stocks that are going up and unless you are in the right ones you will be left behind.
The professional money managers divide stocks and mutual funds in sections they call peer group. Many times you will find that while the general market is going down there will be one or several groups that are going up. Also when the market is going up you will find some peer groups that are going in the other direction. Today there are peer groups that are doing very well ? small capitalization value stocks and funds, real estate group and stocks located in emerging markets.
To find individual stocks like these is pretty difficult so I have a professional do it for me. And he does it free. I hire this person to work 60 or 80 hours a week to do my research. If he doesn't do a good job I won't give him any money. He first has to prove to me he knows what he is doing.
Who is this guy that I can get to make me rich and not have to pay him? It is the manager of a no-load mutual fund. Fund managers were paid an average of $275,000 last year so you won't have to feel sorry for him. In my opinion most of them are over paid because last year 90% of all stock mutual funds lost money. It is the other 10% I want to be invested in. Where are they hiding? Why hasn't your broker told you about them?
First, your broker will never tell you about a mutual fund that does not pay him a commission. That is how he makes his living so I can't fault him. There several places you can find excellent funds. If you don't have a computer you may look in Investor's Business Daily newspaper. Once each week they will list the best performing mutual funds for the past 6 months. You will check them with your discount broker to see if they have any commission charge. As long as that fund remains in the top 15 on the list you will have a winner. When it drops below you sell it and buy a better one. Yes, it's that simple.
If you have a computer it is even easier. Go to www.smartmoney.com, click on mutual funds and they will give you a complete list. There are many other web sites with this kind of information.
If you are going to make money in the market you must be in the current strongest peer group sectors at all times. That means that when the fund you own starts down you must get rid of it in favor of one that is going up NOW. Never mind the 3-year and 5-year performance nonsense. With this strange mixed market we have now you must be where the UP action is. The bull is sneaking around very stealthily. You can find out where he is and join him.
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
top rated cleaning service Lake Forest ..In November of 2000 when the NASDAQ was trading at... Read More
We keep hearing about this bear market and that the... Read More
Most advisors will tell you they can beat the market.... Read More
On November 17 I bought 7 different mutual funds and... Read More
At some time in your life you have been on... Read More
The stock market is very unstable at this time going... Read More
Is really not as important as to how you invest... Read More
When purchasing mutual funds we are cautioned to read the... Read More
What account size do I need?How much money can I... Read More
Are you paying any attention to your retirement savings? Do... Read More
One of the great "secrets" of successful people is discipline... Read More
I would like to share with the reader an article... Read More
In his wonderful book, 'Multiple Streams of Income', best selling... Read More
Let's discuss commodities; with the latest Enron situation, it is... Read More
There is nothing more exciting than finding an undervalued stock... Read More
As GuruFocus updates the stock buys and sells of gurus,... Read More
One of the big advertising kicks today from mutual funds... Read More
There are red lights, green lights, blue lights and spot... Read More
As I said in Part I everyone in the insane... Read More
Congress recently passed another new law that is supposed to... Read More
Every Wall Street analyst, financial planner and broker will tell... Read More
Recently I was invited to appear on a live CNNfn... Read More
A Guide to Using Stop Loss Orders Stop losses are... Read More
Mutual fund investing is a lot like Thai cooking. Everyone... Read More
There are many good penny stock investments available, which could... Read More
insured cleaning company Morton Grove ..I have a 2-car garage. There are nice shelves on... Read More
What does it mean to short a stock?This means that... Read More
I made my very first investment in the stock market... Read More
What are you thinking when it comes to your no... Read More
One of the basic laws of physics states that a... Read More
Using Swing Trading Strategies and Technical Analysis when Trading Stocks... Read More
If you are fed up with early redemption charges and... Read More
You must take the time once a month to review... Read More
When it comes to stock market trading it PAYS to... Read More
How many times have you said to yourself, "I'd like... Read More
I receive emails from Morningstar. This company provides statistics and... Read More
Who are the successful investors?There are those who follow the... Read More
Just about now everyone is confused as to which way... Read More
The trading method you employ to approach the stock market... Read More
Most people think the stock market is a zero sum... Read More
A 'stock option' is a contract between two parties giving... Read More
There are major differences between trading stocks and trading futures.... Read More
Wouldn't it be nice if you were only in the... Read More
Mutual funds and brokers are always preaching not to buy... Read More
I cringe every time I hear a novice investor tell... Read More
From the book 'The Stockopoly Plan' by the author Charles... Read More
To begin, you might look at playing the stock market... Read More
Suppose your position has made a big move and you... Read More
A Guide to Using Stop Loss Orders Stop losses are... Read More
Let me start by saying that...Most online brokers do not... Read More
Stocks & Mutual Fund |