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
disinfecting cleaning services Arlington Heights ..If you go to Haiti or other places in the... Read More
Exchange Traded Funds (ETFs) are growing. Investors are choosing low... Read More
Index Fund Trading can be one of the most profitable...or... Read More
Let's say you are interested in this one company. You... Read More
It has often been said that there is only two... Read More
Three little pigs went to the market to stock up... Read More
When is a dividend not a dividend?The latest thing "conservative"... Read More
Who are the successful investors?There are those who follow the... Read More
To begin, you might look at playing the stock market... Read More
I was recently interviewed for a press release through a... Read More
Now where have I heard that before? I know. It... Read More
Just 30 years ago the stock market was a shadow... Read More
In today's volatile and confusing stock markets everyone is searching... Read More
Have you bought any mutual funds this year or late... Read More
The single most expensive stock market trades are those made... Read More
Do you own any mutual funds? In an IRA or... Read More
When an individual investor wants to roll up his sleeves... Read More
Success in small cap & micro cap stock trading like... Read More
As an investor you will want to check out any... Read More
If you are serious about making and keeping money by... Read More
Over the past few months, several investment professionals have brought... Read More
What the heck am I talking about?It is often said... Read More
When it comes to buying a stock or mutual fund... Read More
This is a guide to the different types of mutual... Read More
If you are fed up with early redemption charges and... Read More
bathroom cleaning service Mundelein ..With an insecure job market, overworked employees, insufficient retirement savings... Read More
Fundamental analysis.Fundamentals analysis says the best way to predict the... Read More
Stock trading can be a very profitable activity. You can... Read More
Should the market turn against you, it is important that... Read More
A 'stock option' is a contract between two parties giving... Read More
I have been trading for several decades and was an... Read More
Stock trading remains a very competitive field and the stock... Read More
On November 17 I bought 7 different mutual funds and... Read More
When you become interested in a stock or mutual fund... Read More
The basis of diminishing return discussions surround such simple notions;... Read More
Well, not really. What I mean is I don't mind... Read More
If you want one.And I don't recommend any broker with... Read More
Ever done any whitewater rafting or canoeing? Long periods of... Read More
Most stock traders know that momentum trading can be a... Read More
Sometime in the third quarter of 1997, someone told me... Read More
This is an extract of an article which was first... Read More
In my opinion, due to the volatility of stock market... Read More
There are red lights, green lights, blue lights and spot... Read More
Before you buy another car you walk around the lot,... Read More
Let's assume that you want to make some serious money... Read More
04/28/2005NASDAQ dropped -12.5% year to date in 2005. S&P500 index... Read More
One of the things people are always asking me is... Read More
IT'S REMINISCENT OF THE OLD children's tale about an old... Read More
Robert Rodriguez likes to buy stocks at their lows. When... Read More
How often have you come across an advertisement or e-mail... Read More
Stocks & Mutual Fund |