Stocks & Mutual Funds

Articles and Information about Stocks and Mutual Funds

NetFinancial | Institutions | Loans
Colleges and Universities | Search Engines

Dont Ask Your Broker


Unfortunately, most of you who are reading my column are suffering some substantial losses in the stock market. Whether it is mutual funds or individual stocks everything with mighty few exceptions is going down. Maybe you are just giving back some nice profits, but maybe it is beginning to bite into your original principal.

You are wondering what should I do? I know, I'll call my broker. He knows all about the market. Please! Don't ask your broker. I already know what he will tell you. The usual Wall Street smoke and mirrors answer. "Don't worry. This is just a healthy correction in a bull market. It will come back". It makes me sick to hear this kind of nonsense from a supposedly informed and intelligent (?) person. By the way, what is "healthy" about a 38% "correction"?

If this guy was so smart when he had you buy these stocks and mutual funds then why wasn't he smart enough to have you sell before you gave back 50% or more of your portfolio? He is working under the guise of investment conventional wisdom that is conventional but not wisdom. "Mr. Mushroom, you are in for the long term so don't worry about these aberrations." YUK! That is what you are - a mushroom. Grown in the dark and fed you-know-what.

There are times when you should have on only one position - CASH. Cash is a position, but brokers are not taught that. They never heard of it.

When I was a floor trader guys would come to me and say, "Al, what do you have on?" and my reply, "Nothing" drew a shocked look. "How can you be down here on the floor and not be trading?" It is very simple, I was there to make money, not to trade. Many times you should not be doing anything. It is the same for the average investor. He should be in cash when there is a bear market as there is right now. How long it will last I don't know, but I will know when it is over and the bull has returned. Your broker won't know because he has not been trained to make money, only to make commission.

Every stock and mutual fund you own should be examined regularly (preferably weekly) and a stop placed under each position so (just in case) that hummer decides to tank you will be out with your profit. Never let a winning trade go to a loss. You must protect your capital at all times.

Al Thomas' book, "If It Doesn't Go Up, Don't BuyIt!" has helped thousands of people make moneyand keep their profits with his simple 2-stepmethod. Read the first chapter athttp://www.mutualfundmagic.com and discover why he's the man that Wall Streetdoes not want you to know.

Copyright 2005

al@mutualfundstrategy.com; 1-888-345-7870


MORE RESOURCES:

Here are a dozen ways to get a down payment
Seattle Post Intelligencer - 22 hours ago
Liquidate stocks, mutual funds, savings bonds or other investments. Take a loan from your 401(k) retirement plan and repay yourself with interest. ...


Technical Outlook: Consider This TIP
TheStreet.com - Jul 4, 2008
The key is to do your research and look for stocks, mutual funds or ETFs in the top-performing sectors of the market and then diversify your holdings among ...


New boutique launches in Sweden: Friday's funds news in Europe.
CityWire.co.uk, UK - Jul 4, 2008
The company offers management and trading in stocks, mutual funds and fixed income, E24 reports. The best hedge funds registered for sale in Sweden for the ...


Better Living Through Cheating
Motley Fool - Jun 9, 2008
By Shannon Zimmerman June 9, 2008 Comments (0) "No pain, no gain" is my least favorite truism, particularly when it comes to investing. ...


Bond, mortgage insurers mixed after Russell move
Forbes, NY - Jun 30, 2008
That index is then broken down into 26 smaller indexes, including the widely watched Russell 1000 index of large-capitalization stocks. Mutual funds and ...


Financial intelligence makes you wealthy
Hindu, India - Jun 28, 2008
“It is not the real estate, stocks, mutual funds, businesses, or money that makes a person rich. It is information, knowledge, wisdom, and know-how, ...


China Bulls Get Shanghaied
Forbes, NY - Jun 27, 2008
It's also likely to hurt thousands of Americans who loaded up on Chinese stocks, mutual funds and ETFs right near the market's top. ...


See what's NEW! on Omaha.com
Omaha World-Herald (subscription), NE - Jun 27, 2008
And you'll still be able to check stocks, mutual funds, market indexes and financial news, and set up a personal portfolio to follow your investments. ...


Morningstar, Inc. to Announce Second-Quarter 2008 Financial ...
Trading Markets (press release), CA - Jun 30, 2008
Morningstar provides data on more than 270000 investment offerings, including stocks, mutual funds, and similar vehicles. The company has operations in 18 ...


Gold: The Silver Lining of the Investment World!
Myiris.com, India - Jun 30, 2008
Gold mining stocks/mutual funds have evoked the fancy of investors, as compared to gold. For instance, an index of gold miners has moved up 6.5 times since ...

Stocks-Mutual-Funds - Google News

Currency Trading | Investing | Leadership | Negoatiation | Real Estate | Stocks and Mutual Funds | Taxes
home | NetFinancial | Institutions | Loans | Colleges and Universities | site map
Search Engines | EZmatic | 0pops | GetSonic | TrafficFish | Health
© 2006