VooDoo Training For the Stock Market

If you go to Haiti or other places in the Caribbean you may run into the Voodoo tradition of magic. There are long and mostly noisy rituals with the medicine man spouting words that bring great power and conjure up whatever it is the supplicant desires. Great amounts of smoke and mirrors.

Does this remind you of anything?

I hear the mesmerizing words of my broker telling me about a wonderful stock. He produces multicolored charts and graphs that dazzle my eyes. His chanting is "BUY, BUY, BUY". I can't resist. He has me under his spell. Thus the magic of Wall Street. Great amounts of smoke and mirrors.

Brokerage houses and mutual funds only want you to do one thing ? BUY and HOLD. Never sell.

To escape the hold of these magicians you must start to think for yourself. I am sure you realize that for the past 3 years you have been losing money. The recent rally has returned some of your losses and Maul Street wants you to hang in there as the rest of your money will be returning. Maybe. If the broker (magician) keeps doing what he has been doing you are going to get more of the same results. If you have lost 30 to 50% of your savings during the past 3 years don't you think you could do as well without the "help" of a broker or financial planner?

OK. No more glossy colored folders (smoke and mirrors) about how wonderful a company is. If you know it then so does everyone else. This type of 'research' is worthless. Leave that to the mutual fund managers. It seems to be what they do best - or is it worst?

Wall Street preaches the lie that if you hold you will make money, but that is only half the story. You have to be able to hold for 30 years. Oh, they forgot to tell you that?

The most important thing about the stock market is not buying ? it is selling. Did you realize that every 10 years about 40% of the S&P500 index changes? Mr. Standard and Mr. Poor realize you can't hold onto a loser so they drop out the weak ones and replace with stocks that are going up.

You want to be in the market when it is going up, not down. You have to know when the market is going up and that is called market timing. It is not cheating by late trading; it is understanding that the long term trend is up (or down) and you want to own funds at the time (or be out of the market entirely). A broker or financial planner will not help you, but it is very easy to learn. Go to the search engine called www.Google.com and type in market timing. You will be flooded with information.

You must to get out from under the Voodoo spell of Buy and Hold as it is a guaranteed loser.

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.

Copyright 2005

In The News:

This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news

Alternative Energy Stocks

List of Clean Energy and Alternative Energy Mutual Funds
Alternative Energy Stocks
Alternative energy and clean energy mutual funds are open-ended funds that invest primarily (at least 50% of the portfolio) in the securities of clean energy and alternative energy companies. Closed-end funds are included in the list of alternative ...


Opinion: Why your ETF or mutual fund may be losing Facebook, Alphabet and other top stocks
MarketWatch
Investors and financial advisers alike blithely assume that companies slip easily into various industry and sector indexes to which myriad funds and ETFs are benchmarked. In fact, the classification process is anything but neat. Facebook and Amazon are ...


Falling ETF and mutual-fund fees saved investors $4 billion last year
MarketWatch
For actively managed funds, the average fee was 0.73%. In 2015, passive funds had an average fee of 0.12% while active had an average of 0.79%. In other words, active funds saw their fees fall 7.6% over the past two years. While passive products ...

and more »

Gallup

Stocks Still Trail Real Estate as Preferred Investment
Gallup
... holding pattern, with real estate continuing as the top choice and stocks/mutual funds running a strong second. While the stock market has enjoyed an impressive nine-year bull market, including a better-than 20% average rate of return in 2017, the ...

and more »

This week's Mutual Funds and ETF stories
MarketWatch
What if not everything, but the most important things, to know about a stock-market crash fit on a simple, single 3”x5” note card? Would this knowledge change how you invest? Some of us find that our fears dissolve when shown the facts, while others ...

and more »

New York Times

Three Funds Find Routes to Top Performance in a Rough Market
New York Times
In the first quarter, as the S.&P. 500 sputtered to a 1.2 percent loss and many sectors sagged, the managers of three of the top-performing mutual funds scooted ahead by betting on growth stocks and Latin America. Christopher J. Bonavico, of the ...


Is Dodge & Cox Stock Fund (DODGX) a Strong Mutual Fund Pick Right Now?
Nasdaq
In DODGX's case, the fund lost 57.94% in the most recent bear market and underperformed comparable funds by 7.69%. These results could imply that the fund is a worse choice than its peers during a sliding market environment. Investors should note that ...

and more »

Investor's Business Daily

Trade-War Olive Branch Fuels Rise By Stocks In 'Best Mutual Funds'
Investor's Business Daily
Many individual investors and top stock mutual funds benefited. Take AB Large Cap Growth Fund (APGAX), a 2018 IBD Best Mutual Funds Award winner. The fund tacked on 0.35% on Monday as the S&P 500 gained 0.36%. All but one of the fund's 47 stocks were ...


TheStreet.com

Mutual Fund Managers Love These Stocks and You Should Too
TheStreet.com
As the stock market continues in its ninth year of an impressive bull run, mutual funds have enjoyed stellar gains. In 2017, U.S. diversified stock mutual funds averaged a gain of 18.26%, just off the heels of the S&P 500's 22% gain last year. While ...
This unique mutual fund charges less than an index fund if it underperformsMarketWatch

all 17 news articles »

Nasdaq

How to Double Your Stocks and Mutual Funds
Nasdaq
There are many ways you can double the value of your stock and mutual fund investments. It is not easy for everyone to double their money by investing in stocks and mutual funds. It requires patience, expertise, time and the ability to research these ...

Google News

Big Buildings Can Mean Big Economic Disaster

AS BUILDERS BEGIN WORK ON THE FREEDOM TOWER in New... Read More

Choosing A Fund

For years I have been saying you must have a... Read More

Momentum

One of the basic laws of physics states that a... Read More

How to Pick Winning Stocks

There is nothing more exciting than finding an undervalued stock... Read More

Planning Your Dive and Diving Your Plan ? Trading!

A colleague of mine just returned from a scuba diving... Read More

Inertia Syndrome

When it comes to buying a stock or mutual fund... Read More

Discover the Biggest Trading & Investing Online Mistake

Any online investor / trader seeks an excellent off or... Read More

Smart Day Trading Strategies to Help You Make Money in the Stock Market

Stock trading can be a very profitable activity. You can... Read More

Complacency Indicator

If you haven't heard of the technical indicator with the... Read More

Cash Is A Position

I go to the Money Show every year to visit... Read More

Shadow Bull

As one of my regular readers you know I have... Read More

Oil Stocks CHK WLL - What Is Their Worth?

(1) CHK stock price $16.74, NAV $32.5CHK is my favorite... Read More

Are You A Stockaholic?

Today's society gives special recognition to alcoholics, sexaholics, binge-aholics, shopaholics,... Read More

Stock Trading Success

The ABC's of Stock Trading SuccessStock trading success...why is it... Read More

Using Sector Funds to Construct Diversified Mutual Fund Portfolios

'Sector funds are too risky.' 'I doubled my money with... Read More

The Inside Scoop on Mutual Fund Rip Offs

The bear market that showed up at the end of... Read More

A Funny Thing Happened on the Way to the Stock Market

On the 40 year journey through the turmoil of a... Read More

A Triple Dipper: How to Make 3 Profits on 1 Stock Trade

This is a rather simple strategy with which I am... Read More

Living Trust Investing: Income Considerations when the Grantor Dies

A common problem I often see when working with living... Read More

Ignore Stock Market Talking Heads

You should ignore analysts on TV, the radio, the newspaper... Read More

Defining a Long-Term Investment in the Stock Market

For some "long term" would mean holding a stock position... Read More

Mousetrap

The spring-loaded rat catcher is the ultimate low-tech device invented... Read More

Dividend Reinvestment Plans: Investing on Automatic Pilot

If you're like many investors who squander those small dividend... Read More

Starbucks Stock is Up

Starbucks earnings are up again and so is their stock... Read More

How (NOT) to Buy Mutual Funds

When it comes to mutual funds, there is a lot... Read More