Deprecated: mysql_connect(): The mysql extension is deprecated and will be removed in the future: use mysqli or PDO instead in /home/a26f9f83/public_html/articles/includes/config.php on line 159
Take The Time > NetSparsh - Viral Content you Love & Share

Take The Time

You must take the time once a month to review your investment portfolio. It won't take long - less than one hour, maybe 15 minutes.

I don't believe the average working person or business owner should own anything but mutual funds because these are the easiest to buy and evaluate. However, if you do own some stocks the first thing to ask yourself is if each issue is selling for more than you paid for it. If it isn't you must realize this is not where you want to have your money so the best course of action is to sell it NOW and put those funds into some other stock or fund that is going up. You may have a stock you bought 3 years ago and it has risen only 10% or 25% and you can't decide what to do with it - keep it or sell it - because it has been going sideways for a long time. It might go up. It might go down. Call your broker (a discount broker, I hope) and place a 10% good-'til-cancelled (GTC) stop-loss order. Each month review your stop and move it up (never down) if the stock has risen. This way you don't have to think about it and the market itself will tell you when you should be out.

Stops make you money! Brokers almost NEVER recommend stops especially when they want you to buy something. If it goes down they say it is a correction and "it will come back". But when? Remember how they were touting Boston Chicken at $35 and $40 per share? Today it is 50 cents per share.

It is my strong opinion that very few people have the ability to pick winning stocks. I've been trading more than 30 years and I'm right only 50% of the time. Even when I was an exchange member for 17 years and floor trader I would put in a stop as the same time I made the purchase.

If your portfolio is not making a better return than the S&P500 Index you would be better off having your funds in something like the Vanguard Index500 mutual fund. You will then be staying even with the market as a whole.

There are some basic things that move a particular stock. According to a recent study, 49% of the movement of an individual issue is due to the sector in which it resides: technology, financial, automotive, real estate, etc., 31% is due to the general direction of the market itself and only 20% is due to the quality of the company. In other words owning stock in a great company doesn't mean the stock will go up. The whole group must find favor with institutions, banks and pension plan buyers. They move the market.

Easier said than done: you have to be in the right place and at the right time to see your stock go up. That is why you must take the time to review your invests once a month to keep up with any changes that might be necessary.

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

Zacks.com

4 Zacks Rank #1 Lord Abbett Mutual Funds to Invest In
Zacks.com
Lord Abbett deals in more than 61 mutual funds, investing in not only domestic and global stocks but also in fixed-income, tax-free income and multi-asset securities. This renowned global asset manager aims to provide a wide variety of financial ...

and more »

CNBC

Investor 'fear of missing out' runs wild as record amount of money flows into stocks the last four weeks
CNBC
Investors looking to get a piece of the latest market surge poured cash into stock funds at the highest pace ever during the past four weeks. Mutual funds and ETFs that focus on stocks garnered $58 billion in fresh money during the period that ended ...


The Advantages Of Mutual Funds
Investopedia (blog)
Mutual funds are able to take advantage of their buying and selling volume to reduce transaction costs for investors. When you buy a mutual fund, you are able to diversify without the numerous commission charges. Imagine if you had to buy each of the ...


ETF vs. Mutual Funds: The Pros and Cons
Motley Fool
ETFs offer more trading flexibility: ETFs are traded like stocks. They're priced based on what investors think the market value is and you can buy and sell shares throughout the day. Mutual funds, however, can only be purchased or sold at the end of ...

and more »

New York Times

These 3 Mutual Funds Reaped Big Gains From Small Companies
New York Times
But for the managers of three of the top-performing mutual funds of the fourth quarter, investing in the market's mice — small-capitalization stocks — gave enormous gains. The trio define their mandates differently, but all often favor smaller fare ...


Investopedia (blog)

Which option is better on a mutual fund: a growth option or a dividend reinvestment option?
Investopedia (blog)
The growth option on a mutual fund means that an investor in the fund will not receive any dividends that may be paid out by the stocks in the mutual fund. Some shares pay regular dividends, but by selecting a growth option, the mutual fund holder is ...


Zacks.com

Is USAA Aggressive Growth Fund (USAUX) a Strong Mutual Fund Pick Right Now?
Zacks.com
On the lookout for an All Cap Growth fund? Starting with USAA Aggressive Growth Fund (USAUX - Free Report) is one possibility. USAUX holds a Zacks Mutual Fund Rank of 1 (Strong Buy), which is based on nine forecasting factors like size, cost, and past ...
Is Fidelity Select Brokerage and Investment Management (FSLBX) a Strong Mutual Fund Pick Right Now?Nasdaq

all 3 news articles »

Stocks, mutual fund choices are endless
Quad-Cities Online
DEAR BRUCE: What is the safest way to get a return on my money -- in a mutual fund or investing in one particular stock? -- Nancy. DEAR NANCY: There's no way in the world to know! There are many mutual funds; some are really good and some are not so ...


The Only Two Vanguard Index Funds You Need for Retirement
Kiplinger's Personal Finance
Further holding down costs, the fund trades infrequently. On average, expect a stock to stay in the fund 10 years. Like conventional index mutual funds, the ETF weights stocks by their market cap—that is, share price times number of shares outstanding ...

and more »

Investopedia (blog)

Vanguard's Total World Stock ETF, Short-Term Corporate Bond ETF Are All Investors Need for Retirement: Kiplinger
Investopedia (blog)
When it comes to retirement savings, diversification is the key to riding out the volatility in the markets, but that doesn't mean you need to own a multitude of different mutual funds, exchange-traded funds or individual stocks. In fact, the ...

and more »
Google News

Planning Your Dive and Diving Your Plan ? Trading!

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

How to Pay Less and Get More: Discount Broker vs Professional

How do you invest? What do you really pay? At... Read More

Boiler Room 7/17/00

On Friday or Saturday evening my wife gets a movie... Read More

Low Tide

When you stand on the ocean shore and watch the... Read More

Low Expense Ratio

One of the big advertising kicks today from mutual funds... Read More

The Importance of Using Stop Loss Orders When Spread Trading the Financial Markets

A Guide to Using Stop Loss Orders Stop losses are... Read More

How (NOT) to Buy Mutual Funds

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

Buy and Hold Investment Philosophy

Wall Street has been preaching the doctrine of Buy and... Read More

Mr. Market

I constantly hear the talking heads on CNBC-TV, the radio... Read More

?Fears Only Enemy Is Action?

What a great statement!I just heard someone use it in... Read More

Hot Stock Investing ... How to Pick Hot Stocks with Momentum Stock Trading

Profitable day traders recognize that momentum trading is among the... Read More

Selection Vs Direction

As I have said many times before in this column... Read More

Municipal Bonds

Because there are so many stocks that are NOT paying... Read More

No Load Mutual Funds or Exchange Traded Funds (ETFs)?

If you are fed up with early redemption charges and... Read More

The Shadow

The Shadow knows. There used to be a radio program... Read More

Online Broker Trade History Not Doing the Job

Let me start by saying that...Most online brokers do not... Read More

A Penny for Your Stocks

According to Investopedia Inc. the penny stock market has seen... Read More

Making Outsized Returns in the Stock Market - Using the Dow Theory

The Dow TheoryCharles H. Dow... Read More

Big Buildings Can Mean Big Economic Disaster

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

Why Technical Indicators

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

Patterns

The Law of Chaos is the theory of random unpredictable... Read More

Chart Reading

As an investor you will want to check out any... Read More

The Stock Market - How Just One Question Will Tell You All You Need To Know About Your Stock Broker

Last time we looked at the real performance of the... Read More

Its Better

Question: How does it get better when it gets worse?Last... Read More

Never Fall In Love!

Recently I watched my favorite football team lose a vital... Read More