When will the stock market stop going down and start up again? If we knew that we'd all be jillionaires. So what do you do now while stocks are going down and stealing away your money every day?
What does history tell us? Here is one very interesting fact. From 1920 to 2000 there were 3 bull markets that lasted about 16 years each. It seems the most recent one ended at the end of 1999. What is most scary about this is that after these long bull markets each one was followed by another period when the stock market went down or sideways for another 16 years. Look on the bright side. We only have 14 more years to wait for the next bull market.
Wait a minute ?
Wall Street has been telling us this is only a correction and now is the time to buy. What do you think they are going to tell you? They have stocks to sell and must make commissions or they will be out of business. Someone has to buy that stuff and guess who got picked? Right. You.
There are only a couple of safe places. A government-backed money market fund or some government short to intermediate bonds that will pay you about 5%. Unfortunately, too many people still think the stock market is going to make new high prices, but it ain't gonna happen. The smartest thing you can do is protect your money from further depreciation. If you don't take action now you will see your money disappear at about 10% to 20% (maybe more) over the next couple of years. I know your broker said the market always comes back. Well, I hope it does - in your lifetime. But you have to be smart enough to protect what you have right now.
The few wise men of Wall Street who speak the truth ? Sir John Templeton, Warren Buffet and a few others ? have said you will be lucky to make 5% over the next few years. To me that means you can be safely in bonds and sleep at night.
The great secret of success in the stock market is not buying; it is selling. Any fool can buy, but unless you know when to sell you are in trouble. Go thru the stocks and mutual funds you own right now and ask yourself this question: Would I buy this puppy now? If the answer is 'NO' then the best thing to do is sell it and put your money in something that will not depreciate over the next 14 years.
Rule one: Don't lose money. What are you doing to protect yours?
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
Someday you may want to retire and continue to live... Read More
Sometime in the third quarter of 1997, someone told me... Read More
Alfred Winslow Jones started hedge funds in 1949. He was... Read More
We've all heard of the stock market and probably have... Read More
(1) Stock Market is Tough Place to Make Any Money... Read More
Ever jumped out of an airplane? It's OK if you... Read More
'Sector funds are too risky.' 'I doubled my money with... Read More
Where is the beef? Or maybe it should be where... Read More
There are major differences between trading stocks and trading futures.... Read More
When it comes to stock market trading it PAYS to... Read More
It's about time someone spoke the truth concerning outsourcing. The... Read More
Much like the middle child, mid-cap stocks have long struggled... Read More
Most stock traders know that momentum trading can be a... Read More
For the year 2000 we have seen hundreds of mutual... Read More
Stocks breakout from properly formed bases everyday but many investors... Read More
Stock trading remains a very competitive field and the stock... Read More
Every day on CNBC-TV they show a 200-day moving average... Read More
You remember (they show it on TV every year) the... Read More
You may have wondered why your mutual funds have been... Read More
If you don't know what a Roth IRA is then... Read More
When you invest in the stock market for ever-increasing cash... Read More
Why? Because I am going to shatter your conventional wisdom... Read More
Trading is a fascinating activity.There are so many layers to... Read More
The big bad bear is stirring again. So far he... Read More
We keep hearing about this bear market and that the... Read More
scheduled cleaning services Mundelein ..Let's assume that you want to make some serious money... Read More
With over 6,000 mutual funds available, it may be tempting... Read More
There is so much involved in developing peak performance, that... Read More
How many times has this happened to you? You're at... Read More
Since I can remember, and that's a long time ago,... Read More
Three little pigs went to the market to stock up... Read More
Robert Rodriguez likes to buy stocks at their lows. When... Read More
Duck! No I don't mean a quack, quack. I meant... Read More
This article describes the model of a natural relationship between... Read More
Just about now everyone is confused as to which way... Read More
According to Investopedia Inc. the penny stock market has seen... Read More
There can't be many traders who haven't at least considered... Read More
To begin, you might look at playing the stock market... Read More
Over the past few months, several investment professionals have brought... Read More
I am hearing predictions by brokers, financial planners, talk show... Read More
Congress recently passed another new law that is supposed to... Read More
I use the P/E ratio as a secondary indicator for... Read More
We keep hearing about this bear market and that the... Read More
'Sector funds are too risky.' 'I doubled my money with... Read More
I am taking the time to help others learn the... Read More
Why? Because I am going to shatter your conventional wisdom... Read More
If you want one.And I don't recommend any broker with... Read More
After the publication of the first part of this two... Read More
The higher the market goes the more confusing are the... Read More
One of the big advertising kicks today from mutual funds... Read More
Stocks & Mutual Fund |