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
A recent cartoon in my daily newspaper showed two guys... Read More
Analyzing growth stocks is an important focus for any investor.... Read More
There are red lights, green lights, blue lights and spot... Read More
(1) CHK stock price $16.74, NAV $32.5CHK is my favorite... Read More
What account size do I need?How much money can I... Read More
What does it take to be a stock trader? It... Read More
Has your broker been calling you recently with the "great... Read More
Ever turn down a street, get half way and suddenly... Read More
One of the big advertising kicks today from mutual funds... Read More
When an individual investor wants to roll up his sleeves... Read More
I mean it when I say that. While plastic silverware... Read More
The big bad bear is stirring again. So far he... Read More
Maximizing a stock market investmentThere are several factors an investor... Read More
Yesterday I received my monthly issue of MONEY magazine. This... Read More
I have watched my cat play with a bag of... Read More
How can you dispel an illusion unless you look directly... Read More
I receive emails from Morningstar. This company provides statistics and... Read More
Look back over the years and try to remember how... Read More
The following are a list of nine things you want... Read More
The stock market is very unstable at this time going... Read More
If you want one.And I don't recommend any broker with... Read More
With all the bad news that has been dumped upon... Read More
If you haven't heard of the technical indicator with the... Read More
Being wrong is OK, but let's not carry it to... Read More
Let's first define insanity. It is doing the same thing... Read More
green cleaning service Deerfield ..Jack and Jill went up the hill to fetch a... Read More
Recently I was invited to appear on a live CNNfn... Read More
There is no question that the stock market is being... Read More
Is really not as important as to how you invest... Read More
An investor can find and research the best stock on... Read More
I feel that an investment strategy in the stock market... Read More
The Dow Theorycharles h. dowcharles h.... Read More
How do you invest? What do you really pay? At... Read More
Robert Rodriguez likes to buy stocks at their lows. When... Read More
04/28/2005NASDAQ dropped -12.5% year to date in 2005. S&P500 index... Read More
I was recently interviewed for a press release through a... Read More
One of the greatest challenges of investing in stocks is... Read More
Today we are inundated with tons of information about the... Read More
I read a comment by a forum member on another... Read More
When most analysts, financial planners, fund specialists and investors try... Read More
It depends on your level of understanding of the market... Read More
Before you buy another car you walk around the lot,... Read More
As a novice trader, you'll often feel the need to... Read More
Very few people, even professionals, have heard of the Dalbar... Read More
I cringe every time I hear a novice investor tell... Read More
Analyzing growth stocks is an important focus for any investor.... Read More
It looks like the market is ready to start up... Read More
Most stock market traders have a favorite technical indicator.The one... Read More
The bear market that showed up at the end of... Read More
Index Fund Trading can be one of the most profitable...or... Read More
Stocks & Mutual Fund |