| |
| |
|
Investing Information |
|
|
|
Holy Grail Investments
Every year I go to the Money Show inOrlando, Florida. Thousands attend. It is mostlyan older crowd with the youngsters about 40years of age. I have been saying for years thatuntil you have lost enough money trying to makea fortune you will not become serious aboutinvesting. The under 40's are shooting for themoon and it has finally dawned on the over 40's(maybe it's the over 50's) that they must find abetter way to get rich. The Money Show presents a forum ofrecognized experts in their field. It may belong-term or short term trading. It could be instocks, bonds, mutual fund, ETFs (ExchangeTraded Funds), oil and gas properties, options,commodity futures, managed accounts and othermore esoteric venues. Each one of the "experts" allows youto listen to him speak (at no charge) to tellyou how he has found the secret to stock marketsuccess and why you should buy his Holy Grailservice. You will receive his (daily, weekly,monthly) market letter for the ridiculously lowprice of from $250 to $5,000 or more. You maynot have found the Holy Grail, but he has. Almost all of them have a "when tobuy" method, but very few have a "when to cashin your chips" method and fewer than that willhave any way to protect yourself from losing itall should their Holy Grail method turn intoHoly Cow. The Orlando show occurs in February so everyexpert has his predictions for the coming year.The only bear I found was Martin Weiss, but hewasn't a bull in 1999 either. No one wants tohear dire consequences of a bad year for theirstocks so the audience is fed the kind of foodthey like. Everything is going to be even betterthis years and with my super software (ornewsletter) you will make a better return thanever before. During the three day show there were 396individual presentations most of which ran aboutan hour more or less and then there were theextra charges for having breakfast, lunch, tea,whatever with one of the speakers. And theseweren't cheap. You could also sign up for allday seminars. In the Exhibit Hall there wasalways an expert giving a lecture with a greatslide show on how his Grail (I am gettinghesitant about calling it Holy) will increaseyour portfolio. Many investors came to see the guru whose marketletter they were receiving. Very few of thesemavens are making anyone rich, but there aresome. My question to them is are they puttingtheir own money on the line or are these resultshypothetical? After attending several of these seminars eachday with each presenter showing his magicget-rich formula it would seem these folks wouldgo home more confused than when they came. Thereis no Holy Grail of investing. At least I havenot found it nor do I know anyone who has. Donot rely on someone else to make you rich.' Youhave to do it yourself. The real Holy Grail translates intotwo words - Hard Work. Al Thomas' book, "If It Doesn't Go Up, Don't Buy It!" has helped thousands of people make moneyand 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 doesnot want you to know.
MORE RESOURCES:
Investing - Google News |
|
|
|
RELATED ARTICLES
Is Offshore Banking for You? You've probably heard about people who keep their money offshore. Most likely you assume they're all wealthy businessmen; millionaires, who have so much money they somehow 'qualify' to move it out of the country, right? Wrong! Offshore banking can be a benefit for anybody regardless of income. Planning for Retirement Almost without exception, people don't start planning for their retirement early enough in their lives. Young people leaving High School or College and going into their first paid position find it difficult to look or see ahead to age sixty or sixty-five. Lobster Trapping for Investment Ideas Recently, my family and I took a trip to Maine to visit relatives. During our stay, we toured the rocky shore lines and took in the beautiful architecture of the old towns. Will a Falling Dollar Derail Your Plans for Retirement? How much are you willing to pay for a tank of gas? We've all watched as gas prices hit record highs, but what would you do if you filled your tank and paid by credit card only to discover on your monthly statement that you paid $80 to fill an economy car. No, this is not some future doomsday projection of oil prices. Online Trading Options Strategies - Rolling Rolling is defined in options online trading as moving a position from one strike to another either vertically in the same month, horizontally to another month or some combination thereof.Other times, you may have to buy your short call back so that you will not lose your stock. The Dreaded Direct Question (Please have a glass of water within reach before reading this article.)Your personal financial planning is the topic of discussion here today, but not quite yet. Chile Leads the Latin Pack Everyone's talking about China. Don't miss the opportunities in the other CHI. Retirement is Never Urgent Until If you're like many people, your retirement savings have not been growing consistently over the years. We're not referring to the wild fluctuations in the stock market, but rather the fluctuations in our short-term needs. Moving Average Convergence Divergence ( MACD ) Charts The Moving Average Convergence Divergence charts, or MACD charts for short, are a technical indicator that is derived from the more simple moving average.The MACD charts are oscillating indicators, meaning that they move above and below a centerline or zero point. Your Portfolio and "Old Ironsides" The USS Constitution first ventured into the waters in 1798. From there she became an icon of durability and success. Have Analysts Gotten Honest? It caught my attention when I heard an analyst on a popular financial news program tell investors to sell a stock because too many analysts liked the company, citing the fact that there were no sell ratings.It seemed perfectly logical to me that analysts wouldn't be telling investors to sell 3M (MMM), which has one of the most consistent positive earnings records in the history of the stock markets. Investing and Understanding What You Buy "There is nothing more frightful than ignorance in action!"Johann Wolfgang von Goethe (1749 - 1832)I don't really know how cars actually work. Not really! I know how to drive them, but if you asked me how they work, I would not really know how to definitely explain it. Value Investing By definition, value investing is the process of selecting stocks that trade for less than their intrinsic value. A value investor typically selects stocks with lower than average price-to-book or price-to-earning ratios. Why You Need To Buy and Sell Gold Coins (Part 6) Pre-1933 Gold Outperforms Today's Gold Bullion.. Success Trading: Yet More Basic Terminology for New Traders In this day and age of online brokers for virtually every market out there, there are some very useful tools that will help protect your account and lock in profits when you have them. It is our recommendation that you use a good online broker and take advantage of not only the low commissions they offer, but also the automated tools that are available. The Difference Between Investing and Trading Investing and Trading are not the same thing. The returns you seek, the length of time it takes to achieve those returns, the amount of risk one is prepared to take, and the commitment one can make to monitor the investments dictate the strategy of whether to invest or trade. Investing In Sons Business Could Cause A Real Family Feud Q: My youngest son wants to borrow $5,000 to start his own business. My wife is afraid to tell him no. Scots Beat Yanks in China Bank Deal With visions of an ATM in every neighborhood in China, foreign banks and investment firms are queuing up to join the "China Club."Moneybags CommunismThe initiation fee for the "China Club" is straightforward and pure moneybags communism: invest cold hard cash in its largely insolvent state-owned banks, put your reputation on the line, reassure nervous foreign investors about upcoming IPO's, and share your risk management, corporate banking and other expertise with eager Chinese executives. Focus Your Investments on the Long Term "All human power is a compound of time and patience!"Honore de Balzac (1799 - 1850)Long term investing or "Buy and Hold" is not about hunches, emotions, stock tips, market timing or making quick profits! It's about using proven long-term strategies to accumulate wealth over time!A large part of the daily volume on the exchanges is due to traders who hope to make a small profit by taking advantage of small discrepancies in the pricing of securities, or who are able to buy a stock as soon a favorable analysts report is issued and who hope to profit before the inevitable runup.The instantaneous access to information that financial institutions have gives them an enormous advantage over the individual investor when it comes to short-term trading. Easily Finding A Good Stock There is a tremendous amount of software,complicated high priced newsletters, radio andTV stock pickers and Internet web sites thatwill help you find a stock that is going to makeyou rich.The problem is you don't know if this is talkor are these gurus putting their own money wheretheir mouth is.
|
