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
The bulls and bears of the stock market are both... Read More
Jack and Jill went up the hill to fetch a... Read More
We need a rabbit!This was a pretty horrible week for... Read More
Recently I watched my favorite football team lose a vital... Read More
If you have been watching the stock market at all... Read More
Wall Street's watchword has always been diversification, but what does... Read More
All of the talking heads have been telling us that... Read More
With over 6,000 mutual funds available, it may be tempting... Read More
The gleam and bright lights of Wall Street lure in... Read More
Several times each month I am solicited by various market... Read More
Time to look back2004 is over, now we are in... Read More
Did you know you can make money (and a lot... Read More
You may have wondered why your mutual funds have been... Read More
Wouldn't it be nice if you were only in the... Read More
It has fallen upon the consumer to make our economy... Read More
Have you ever thought of investing? Do you have a... Read More
Much like the middle child, mid-cap stocks have long struggled... Read More
What is leverage?Here is a definition of leverage from an... Read More
Have you been listening to the talking heads on CNBC-TV?... Read More
When you invest in the stock market for ever-increasing cash... Read More
We've all heard of the stock market and probably have... Read More
What are you thinking when it comes to your no... Read More
We all know that emotions control every decision that an... Read More
Options trading can increase the profits you make when trading... Read More
There is a famous cliff on the ocean in Acapulco... Read More
licensed cleaning services Lake Forest ..Over the past few months, several investment professionals have brought... Read More
Money management starts with protecting your capital, realizing profits and... Read More
If you are a baby boomer, time is not on... Read More
Money: the most charged word in the planet. It means... Read More
Every day I see in the financial section of newspapers... Read More
Disclaimer: Please note that I do not necessarily purchase, own,... Read More
If there is one term over-used when talking about making... Read More
From the book 'The Stockopoly Plan' by the author Charles... Read More
"There is nothing more frightful than ignorance in action!" Johann... Read More
I am hearing predictions by brokers, financial planners, talk show... Read More
Wouldn't it be nice if you were only in the... Read More
For years I have been saying you must have a... Read More
You probably have been told that options are risky. Even... Read More
It is wonderful to be alive in the information age.... Read More
If you were to find that you had some severe... Read More
The recent criminal fiasco in the mutual fund industry is... Read More
You'd have had to be living on a desert island... Read More
During the day I watch CNBC-TV, the stock market channel.... Read More
If you've ever flipped on the television to CNN Financial... Read More
(1) Stock Market is Tough Place to Make Any Money... Read More
Sometimes the best way of lowering exposure to risk is... Read More
Invest in the stock market for the RIGHT reason, using... Read More
Just 30 years ago the stock market was a shadow... Read More
When it comes to mutual funds, there is a lot... Read More
Look back over the years and try to remember how... Read More
Stocks & Mutual Fund |