If you are under 50 years of age and havenot lost money in the stock market I don?t thinkyou will find this article interesting. Why?Because you still think you can make a killingin the market. Until you have lost a lot morethis method of investment will not interestyou.
Dad and Mom can try to get the kids to payattention, but it is doubtful that they will.Each will have to learn on his own, but maybe afew will see the wisdom of slow but sure.
Every professional trader I know (I was anexchange member and floor trader for 17 years)will tell that you must have a plan for bothbuying and selling. Any plan must minimize riskfor the professional and for thenonprofessional it must be so simple that evena retired widow with no market knowledge canexecute.
Wall Street prefers to keep investors confused with financial terms so they will haveto go to a broker or financial planner for ?advice?.Advice from a broker is a eulogy for yourmoney. They have been taught by the bigbrokerage companies and they have been taughtwrong. They do not make you rich; they get richoff of you.
Now let?s go through the steps to make moneyand protect your investments. This very simplemethod is as foolproof as any I have ever seen.It is one you can do by yourself with no helpfrom any broker. In fact, most of them will notwant you to do this as there is no commissionand very little trading.
Turn on your computer; make the connectionto the Internet. In the address box type inwww.bigcharts.com . In the white box type inJAVLX. That is the symbol for a mutual fund.Click on the red box. On the left is a bluecolumn. Under Time frame select the down arrowand click on ?1 decade?. Scroll down. Click on?indicators?. Scroll down a little more. Clickthe down arrow for Moving Averages. Select SMA.In the box to the right type in 200. Go back tothe top and click on Draw Chart.
Note when the 200-day line turned down(November 2000) it was a sell signal and timeto put your cash in a money market account.Wait. Collect interest. When the line turned up(April 2003) it gave a buy signal. Buy yourno-load fund back. (Only buy no-load, nocommission funds.) This buy/sell 200-day linewill work for almost ANY mutual fund. Followthe little red line to wealth.
Go back. Check this out for any mutual fundor index fund you might have owned in 2000. Beingin cash from 2000 to 2003 would have saved yourretirement account; a money market account hada greater return than being ?invested?.
Never lose money in the stock market again.
Al Thomas' best selling book, "If It Doesn'tGo Up, Don't Buy It!" has helped thousandsof people make money and keep their profitswith his simple 2-step method. Read the firstchapter and receive his market letter for 3months at no charge at http://www.mutualfundmagic.com.Discover why he's the man that Wall Street does not want you to know. Copyright 2006 All rights reserved.
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