There is a tremendous amount of software, complicated high priced newsletters, radio and TV stock pickers and Internet web sites that will help you find a stock that is going to make you rich.
The problem is you don't know if this is talk or are these gurus putting their own money where their mouth is. Until I know for sure this "expert" has his own cash on the line I don't want to buy it. If he doesn't have confidence in his own picks than why should I put my money at risk?
Wall Street wants you to do research. Find out everything you can about a company before you buy their shares. Your broker will send you tons of information on full color click paper, pink sheets, blue sheets, yellow sheets and more. Morningstar will be very happy to sell you a complete report.
One important fact is that if you and everyone else can have this information then it can't be worthwhile because once a bit of news is known it is immediately factored into the price of the stock. That is why research is worthless. What you want to know is if you buy it will it go up. Obviously there are no guarantees.
Furthermore, do you have the time to pour over hundreds of pages of scores of companies to find one that will go up? If you follow those "hot stock" tipsters that send email every day you are sure to lose your money. Surely someone should know something, but how do you find that person. Here is the secret.
On the Internet you can find many sites that rate mutual funds by performance. Performance means those that are making more money during the last one month or 3 months than all the others.
Be careful of those who advertise the "Top 25 Mutual Funds". It may not mean by performance. It might be those that have the most assets and that doesn't mean squat. Size is not a criteria of quality.
There is one advisory service that will sell you a monthly list of best performing mutual funds and has them listed by 1, 3, 6 and 12 month performance. It is NoLoad FundX. A free subscription can be had to Successful Investing that tracks the best funds weekly at http://www.successful-investment.com/StatSheet/SS012005.htm on the Internet.
Now that you have found the best performing funds you can easily see what stocks they have in their portfolio either by requesting a prospectus or by checking online at Market Watch web site http://www2.marketwatch.com/tools/quotes/intchart.asp?seiteid=mktw.
Type in the symbol for the best performing fund and you will be able to locate the stocks they own. Looking through their top picks you will soon be able to find a few stocks that are going up now. Do this with several funds and you will have good equities from which to choose.
What you have done is pick the brain of the manager of the currently best performing fund to find stocks on which he has done all the research.
Here is a free method of easily finding good stocks.
Al Thomas' best selling 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 and receive his market letter at http://www.mutualfundmagic.com and discover why he's the man that Wall Street does not want you to know. Copyright 2005
![]() |
|
![]() |
|
![]() |
|
![]() |
How many books have you read about successful traders? How... Read More
Do you rule your superannuation or does it rule you?It's... Read More
As a trader, one of the key things that I... Read More
CATCHING A FALLING KNIFEOne of the most common mistakes made... Read More
For those who have never given their financial future a... Read More
There is a tremendous amount of software, complicated high priced... Read More
In many respects, Singapore is the Switzerland of Asia.Begun in... Read More
I'm sitting here at my computer desk with a cup... Read More
Do you ever wonder exactly what's going on in the... Read More
The USS Constitution first ventured into the waters in 1798.... Read More
Purpose: Expose Opportunities for Smart InvestorsThe move by China's central... Read More
For most people, there is a direct correlation between how... Read More
The Value of Gold in a Era of Paper Assets,... Read More
They're real, but few survive. High risk investing is dangerous... Read More
Online trading is so seductive - just sit, click, and... Read More
"There is nothing more frightful than ignorance in action!" Johann... Read More
Mutual fund managers use fake fund names to part you... Read More
Once upon a time, offshore investment strategies were spoken of... Read More
The practice of economy, directed toward a retirement investment plan... Read More
Disgruntled investors are going after Wall Street once again, this... Read More
A SEP is a special type of IRA. Under a... Read More
If you are looking for a safe investment and you... Read More
It always amazes me how much stock market investors resemble... Read More
If you are doing your own investing in the stock... Read More
Here are some useful tips on investing. When you make... Read More
Are you ready to open your pathway to financial independence?Well... Read More
Rolling is defined in options online trading as moving a... Read More
A trading system consists of a set of rules for... Read More
Leaders are stocks that breakout immediately when the market confirms... Read More
The one thing I can think of that most affects... Read More
Everyone's talking about China. Don't miss the opportunities in the... Read More
Let's face it, you're on a roll. After getting down... Read More
Investing in New Zealand might be much easier than investing... Read More
In my opinion trading is the most exciting and best... Read More
An option is a derivative trading product that is best... Read More
In the last two decades, even though gold prices have... Read More
Many Young people live for Today. They really don't fully... Read More
There maybe several reasons why you to want to invest... Read More
A trading system consists of a set of rules for... Read More
Most People just don't understand the power of using their... Read More
About 6 years ago I started to notice that certain... Read More
"Financial planners are like dentists: they may occasionally inflict pain,... Read More
There is a tremendous amount of software, complicated high priced... Read More
When you start your program to purchase your "ideal" company,... Read More
The straddle strategy is an option strategy that's based on... Read More
The communication innovations we have around us today like the... Read More
The Light Crude Continuous Contract closed at $66.13 a barrel... Read More
An Ira is one of the greatest ways to save... Read More
Have you had one of those huge investment winners ?... Read More
I am good at a few things. I can certainly... Read More
One important aspect of trading the markets is to understand... Read More
There is one indicator more than any other which determines... Read More
Need some insight on what you should really be striving... Read More
If you want to retire rich, start saving investing early.... Read More
I love to collect quotes as they concisely promote a... Read More
You are 55 years old (or somewhere around there) and... Read More
The practice of economy, directed toward a retirement investment plan... Read More
With the stock market in steep decline, people are looking... Read More
Sometimes you spend sleepless nights worrying about which stocks to... Read More
It caught my attention when I heard an analyst on... Read More
A SEP is a special type of IRA. Under a... Read More
Okay, so I can tell you I have sat in... Read More
If Johannes Kepler, the renowned 17th century astronomer and discoverer... Read More
1. Lacking an investment plan a/k/a/ "Don't take a trip... Read More
Q: I own a small decorating business and I'll be... Read More
Arthur Levitt, during his tenure at the SEC, experienced many... Read More
Investing |