Your Job

There are so many kinds of work that needs to be done and you are doing one of those jobs right now ? unless you are one of those two and a half million that have been laid off during the past 3 years. The press continues to blame China and India for stealing away all these forms of employment, but they don't have it right.

Many of the unemployed have been sent to train for new jobs and, unfortunately, the government in its infinite wisdom is training folks for high tech computer related work ? the kind that is being outsourced to foreign lands.

Have all those jobs gone to foreign countries? No. Many of them have been replaced by more efficient machinery or faster computers. They will not come back because they didn't go anywhere. They disappeared. You might want to take a close look at your own work. Can it be sent over the border to be done by someone earning one fifth of what you are being paid? Will improvements in technology someday replace you? The Wall Street analysts thought they were indispensable, but it seems that there are thousands of graduate degree stock analysts in India who are performing the same service for one fourth of the cost.

Suppose your job disappeared. What would you do? It is always smart to have a backup plan. Many people are going into business for themselves, but you better have a good size nest egg as it usually takes 18 months to break even and 85% of new businesses fail within 5 years.

If you plan ahead maybe you won't be out of work for very long and miss those paychecks. As "iffy" as our economy is today it would be wise not to wait until the axe falls.

One of the greatest sure things is the health field. With the boomers starting to retire in a few years a job in the health field should be relatively secure. These can't be shipped overseas. How about something related to the funeral business? You will want to think about any business where the work cannot be outsourced. Starting a business now that may take several years to start bringing in a profit in 5 years might be a solution. Is there a position that you have always wanted, but requires taking state or federal exams? Start now to study for and take those tests.

If you are required to start over you must be willing to work for less pay until you work your way up the ladder in the new profession. Don't wait until you are collecting unemployment benefits to start. Some people would rather sit at home than flip hamburgers at minimum wage. Can you stomach that?

Every day with the increasing advances in technology your job becomes riskier. Don't wait for the pink slip to start thinking about how you are going to pay the mortgage next month. Your job is any job you enjoy and at which you earn a decent living. Don't count on having it tomorrow; it may disappear.

Anticipation and planning are the watchwords so you will always be working and enjoying life.

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; [email protected]

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

Even as markets shake, investors seek the riskiest stock funds
Seattle Times
That could lead to more volatility for emerging-market stocks as investors wait to see if the tough talk on trade escalates into a punishing conflict or remains just the basis of negotiations for new pacts. Since the S&P 500 began tumbling from its ...


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 ...


Disclosures that don't disclose in General Assembly conflicts of interest forms
Daily Press (blog)
Monty Mason, D-Williamsburg, said their brokerage accounts are managed for them — in essence, they're sort of like mutual funds, where an expert stock-picker buys shares in a wide range of companies. Legislators, by the way, have at least $20.2 ...


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 ...


Bloomberg

Stock Mutual Funds Feel Amazon's Pain
Bloomberg
Amazon.com Inc., down about 6 percent on Monday after a fresh round of political attacks, has fallen 15 percent since reaching an all-time high March 12. A lot of U.S. mutual funds are feeling the retail giant's pain. Forty diversified equity funds ...

and more »

This week's Mutual Funds and ETF stories - MarketWatch
MarketWatch
Don't miss these top money and investing features: What you need to know about a market crash fits on one note card · There are nearly 5,500 ETFs. Here's what experts say is still missing · How to find 'coming of age' companies whose stocks could rise ...

and more »

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 »

Here's why small-cap stocks could be vulnerable to ETF outflows
MarketWatch
Exchange-traded funds are among the most popular ways for investors to get exposure to nearly any asset class, region, or strategy in global financial markets. However, rather than providing safety in numbers, this could become a risk factor for some ...

and more »

Investorplace.com

Alibaba Group Holding Ltd Seems Like High-Risk Mutual Fund
Investorplace.com
Alibaba Group Holding Ltd (NYSE:BABA) stock has paused in recent months. A rise in geopolitical risk and a selloff in tech have lead investors to close positions in Alibaba stock. A low multiple and the company's high growth could attract many buyers ...
BABA Stock Quote and Analysis of Alibaba Group Holding Ltd - InvestorPlaceInvestorPlace
Alibaba Group Holding Limited - BABA - Stock Price Today - ZacksZacks
Free Report for BABA - Zacks.comZacks

all 222 news articles »

Investor's Business Daily

New Buys By Best Mutual Funds: From Adobe To Zebra, Who Makes The List?
Investor's Business Daily
LVMH has managed to keep climbing despite the market turbulence and is now extended from its 63.30 entry. Eight of the best mutual funds scooped up an estimated $23.8 million of shares in Gentex (GNTX), which makes automatic-dimming rearview mirrors ...

Google News

Option Spread Trading

Spread trading is a technique that can be used to... Read More

The Stock Market - Part 1: Believe It Or Not, Its Always Been Your Best Friend And Always Will Be

Regardless of the fact that the world's stock markets have... Read More

Discover the Retirement Breakthrough the Federal Government Created for You - The Roth IRA!

If you don't know what a Roth IRA is then... Read More

Social Insecurity

Just about everything you have been told about Social Security... Read More

Picking Mutual Funds to Outperform the Market

With over 6,000 mutual funds available, it may be tempting... Read More

Shorting Stocks ? The Basics, Part I of II

What does it mean to short a stock?This means that... Read More

Attitude Is [Almost] Everything

I often play a little game with myself when I... Read More

I Love To Lose Money

Well, not really. What I mean is I don't mind... Read More

The Secret to More Winning Trades is as Simple as Avoiding This Common Mistake

If you're a normal human being, your need to feel... 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

On Line Stock Trading: Small Cap & Micro Stocks Go Up and Down - How Can You Profit?

Success in small cap & micro cap stock trading like... Read More

Mid-Cap Stocks: Asset Class with an Identity Crisis

Much like the middle child, mid-cap stocks have long struggled... Read More

Why Technical Indicators

The fight continues to rage among traders who use technical... Read More

Buying Stocks and the Importance of Correct Timing

An investor can find and research the best stock on... Read More

Price Targets

Every day in any financial publication you will find the... Read More

Long Term Financial Vehicles

Investing in long-term financial vehicles give you the most gains... Read More

How Covered Calls Turned a Trader Around

Sidney felt sick as she looked at her latest OptionsXpress... Read More

Stocks Options Trading

Let's assume that you want to make some serious money... Read More

Downdraft

For the year 2000 we have seen hundreds of mutual... Read More

Cash

How many people went to a cash position this week?... Read More

Stock Market Insanity

Let's first define insanity. It is doing the same thing... Read More

War Market

There is no question that the stock market is being... Read More

Getting Even

I know there are a lot of you out there... Read More

The Value of Stocks of a Company

The debate rages all over Eastern and Central Europe, in... Read More

Investing in Stocks and The Game of Monopoly

To begin, you might look at playing the stock market... Read More