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
Several times each month I am solicited by various market... Read More
Hedge current portfolio positions and gain access to capital resources... Read More
It depends on your level of understanding of the market... Read More
Intervention. Now don't let that big word scare you. The... Read More
We all know the expression, "My country, right or wrong",... Read More
Most stock traders know that momentum trading can be a... Read More
Is really not as important as to how you invest... Read More
I feel that an investment strategy in the stock market... Read More
When it comes to 401k's there is an overabundance of... Read More
What! Me worry?Many of you remember the cover of MAD... Read More
If you're a normal human being, your need to feel... Read More
The gleam and bright lights of Wall Street lure in... Read More
Even if you don't own any of their stock or... Read More
With all the bad news that has been dumped upon... Read More
The trading method you employ to approach the stock market... Read More
The higher the market goes the more confusing are the... Read More
Wall Street's watchword has always been diversification, but what does... Read More
Let me start by saying that...Most online brokers do not... Read More
An insane person cannot evaluate an insane evaluation system.As you... Read More
How is it possible that trash Companies are posting less... Read More
Three little pigs went to the market to stock up... Read More
On the 40 year journey through the turmoil of a... Read More
"If you don't know where you are going, any road... Read More
The Dow Theorycharles h. dowcharles h.... Read More
The stock market can present you with a lot of... Read More
cleaning lady near Lincolnshire ..You have a lock on your house. You have a... Read More
Wall Street has been preaching for years and years to... Read More
The stock market has been going up for more than... Read More
When the stock market is going up and all your... Read More
Before you buy another car you walk around the lot,... Read More
Last time we looked at the real performance of the... Read More
IT'S REMINISCENT OF THE OLD children's tale about an old... Read More
Time to look back2004 is over, now we are in... Read More
If you go to Haiti or other places in the... Read More
As one of my regular readers you know I have... Read More
Before you embark upon a journey of trading stocks or... Read More
Jack and Jill went up the hill to fetch a... Read More
The Bollinger Band theory is designed to depict the volatility... Read More
Starbucks earnings are up again and so is their stock... Read More
Everyone who follows the financial news has heard of mutual... Read More
You have decided to buy some stock or mutual funds,... Read More
Ever turn down a street, get half way and suddenly... Read More
Alfred Winslow Jones started hedge funds in 1949. He was... Read More
This is the continuing story of our two imaginary traders,... Read More
Money management starts with protecting your capital, realizing profits and... Read More
Both the stock market and oil prices rallied recently, which... Read More
Wall Street has been preaching the doctrine of Buy and... Read More
Dollar cost averaging is one of the most popular ideas... Read More
I often hear from people, "I don't trade. I invest.... Read More
∙ Make every investment in the stock market a long-term... Read More
Stocks & Mutual Fund |