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
tidy up service Glenview ..I mean it when I say that. While plastic silverware... Read More
With an insecure job market, overworked employees, insufficient retirement savings... Read More
Well maybe that's overstating it a little, but it's certainly... Read More
Every day in any financial publication you will find the... Read More
As the man said, "I've got some good news and... Read More
The bear market that showed up at the end of... Read More
"Buy and hold" is one of the most heralded investment... Read More
An insane person cannot evaluate an insane evaluation system.As you... Read More
Mutual funds are doing more and more to discourage investors... Read More
With over 6,000 mutual funds available, it may be tempting... Read More
According to Investopedia Inc. the penny stock market has seen... Read More
You remember the story about the frog that was put... Read More
Stock trading remains a very competitive field and the stock... Read More
With the stock market stubbornly refusing to settle down and... Read More
Ever have one of those sample boxes of candy? Each... Read More
It is commonly reported that the stock market averages about... Read More
So you're started trading, you bought some positions with your... Read More
If you are fed up with early redemption charges and... Read More
A common problem I often see when working with living... Read More
Just about now everyone is confused as to which way... Read More
The thinking process of the brain relating to the... Read More
At some time in your life you have been on... Read More
I love roller coasters. The steeper the better. High and... Read More
Wall Street has been preaching for years and years to... Read More
"There is nothing more frightful than ignorance in action!" Johann... Read More
maid service near Winnetka ..If you don't know where you are going any road... Read More
In 1960 an engineer working for a watch company in... Read More
Sometimes the best way of lowering exposure to risk is... Read More
After some forty years of banking and investments, I retired... Read More
Four blind men were asked to give a description of... Read More
Last time we looked at the real performance of the... Read More
Wall Street has been preaching the doctrine of Buy and... Read More
During the month of January the Dow Jones Industrial Average,... Read More
Since I can remember, and that's a long time ago,... Read More
"If you don't know where you are going, any road... Read More
There is a current movie entitled "Eternal Sunshine of the... Read More
You probably have been told that options are risky. Even... Read More
If you have been dealing with mutual funds for any... Read More
With the internet such a huge part of our daily... Read More
How do you make money without picking tops and bottoms?I... Read More
Every day on CNBC-TV they show a 200-day moving average... Read More
Who are the successful investors?There are those who follow the... Read More
I would like to share with the reader an article... Read More
How many people went to a cash position this week?... Read More
Sometime in the third quarter of 1997, someone told me... Read More
If you have a pension plan at work you will... Read More
Exchange Traded Funds (ETFs) are a group of passive index... Read More
If you have talked to a stock broker or financial... Read More
Outlined below are some of the advantages and disadvantages of... Read More
Its dinnertime and the phone rings. It's Joe Noname with... Read More
Stocks & Mutual Fund |