You probably know the story of Sherlock Holmes and the 7% solution. He had a drug addiction. He needed the drug. He was able to control his addiction by taking the drug in a 7% concentration. Anyone with common sense knows you cannot survive on 7%. It is a slow death.
When you retire you are familiar that most brokers and financial planners recommend you go into nice safe bonds that pay about 7% annually. That 7% solution will barely keep you alive until you die. Isn't there a better solution?
Conventional wisdom states that you should become extremely conservative when you are old and retire so your funds will last you until you check out. Let me assure there is no such thing as a conservative investment. That is an oxymoron. Even nice safe bonds have a way of going down the toilet. Even municipal bonds. So far U.S. government bonds have stood the test of time. That is, if you can live off that little 7% income. There is a better solution. I like the 1% solution. No, not 1% annually, but 1% weekly. No I am not kidding. Personally, I only invest in mutual funds and my return is usually about 1% per week. It can be done.
Brokers and most financial planners ("experts") will have you in a diversified portfolio - stocks, bonds, mutual funds, real estate, etc., that changes as you get older. I also believe in mutual funds, only no-load mutual funds. My diversity is in different types of funds, but only in funds that are in the top 1% or better of all funds. There are more than 8,000 mutual funds and I pick the ones that are the best performers for the past 12 months and I check monthly to see they remain there. If it doesn't, I sell it and buy one that is. You can check this by looking in Investor's Business Daily newspaper as they list the top 25 for the past 6 months and 12 months. Forget 3 years and 5 years. You pick yours from the top ten. If you will do this you will average just about 1% per week in any bull market.
Isn't it time you looked at the 1% solution for your finances?
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.
1-888-345-7870; http://www.mutualfundmagic.com
There can't be many traders who haven't at least considered... Read More
Index Fund Trading can be one of the most profitable...or... Read More
Just 30 years ago the stock market was a shadow... Read More
What can I expect to make my first year of... Read More
Do you have a nest egg? You know, a place... Read More
Every Wall Street analyst, financial planner and broker will tell... Read More
How many times has this happened to you? You're at... Read More
The Macedonian Stock Exchange (MSE) is not operating successfully. True,... Read More
You may have wondered why your mutual funds have been... Read More
Fundamental analysis.Fundamentals analysis says the best way to predict the... Read More
With the stock market stubbornly refusing to settle down and... Read More
As the man said, "I've got some good news and... Read More
Caught in a whirlpool and being sucked under. No life... Read More
When it comes to mutual funds, there is a lot... Read More
Congress recently passed another new law that is supposed to... Read More
Investors who exclusively use broadly diversified, no load mutual funds... Read More
One of the great "secrets" of successful people is discipline... Read More
What does it mean to short a stock?This means that... Read More
Every day I hear someone on CNBC proclaim that "this... Read More
It seems that every day I turn on the TV... Read More
Reduce your investing and stock market risks by:Setting your sights... Read More
As one of my regular readers you know I have... Read More
Mutual funds by definition are a mixed bag of stocks,... Read More
One of the great "secrets" of successful people is discipline... Read More
Forget making a profit; instead focus on the income provided... Read More
Antigo wedding limo ..The trading method you employ to approach the stock market... Read More
A recent cartoon in my daily newspaper showed two guys... Read More
Let me start by saying that...Most online brokers do not... Read More
Minority Report the movie may not be far off if... Read More
In today's volatile and confusing stock markets everyone is searching... Read More
Ever done any whitewater rafting or canoeing? Long periods of... Read More
How many people went to a cash position this week?... Read More
AS BUILDERS BEGIN WORK ON THE FREEDOM TOWER in New... Read More
I use the P/E ratio as a secondary indicator for... Read More
It is wonderful to be alive in the information age.... Read More
Before they go over the cliff to their destruction these... Read More
We have two candidates for president that have really different... Read More
Reach in your pocket and take out that big roll... Read More
Robert Rodriguez likes to buy stocks at their lows. When... Read More
There can't be many traders who haven't at least considered... Read More
This is an extract of an article which was first... Read More
The higher the market goes the more confusing are the... Read More
You remember the story about the frog that was put... Read More
I was devastated!I just couldn't believe it. I was 10... Read More
Using Swing Trading Strategies and Technical Analysis when Trading Stocks... Read More
Invest in the stock market for the RIGHT reason, using... Read More
What does it mean to short a stock?This means that... Read More
One of the great "secrets" of successful people is discipline... Read More
Much like the middle child, mid-cap stocks have long struggled... Read More
The ABC's of Stock Trading SuccessStock trading success...why is it... Read More
Stocks & Mutual Fund |