We are already in it, but you can't see it. It doesn't look like the one we had in '99. Like the magician who has you watching what he wants you to and with the other hand he is doing something else that is what is happening in the stock market today. The magician is the Dow Jones Industrial Average, the Nasdaq or the S&P500 Index. These have John Q. Public mesmerized.
The Nasdaq has given back 63% of the rally high since September 17 low while the DJI has only sold off about 18%.
As you see these averages going almost sideways or down and your own stock and mutual fund portfolio is doing the same so you come to the conclusion that the market isn't going anywhere right now. But there are hundreds of stocks making new high prices for the year just about every day. In fact, the majority of stocks that compose the S&P500 are higher. Why aren't yours doing the same?
Analysts separate stocks into different groups that they call sectors. There are mutual funds that buy stocks associated with these sectors and then the funds are separated into categories called peer groups. If you are not in the strongest peer group you are not making money, but you know that. Or did you?
Picking an individual stock that will double in a year is very difficult so I don't recommend you try. Instead look to see which are the strong peer groups to try to find a no-load mutual fund that is doing better than others. There are lots of them when you know where to look. This going to take a lot of work so I get someone to do it for me. He is an expert. A stock professional. A manager of a no-load mutual fund. No-load because I don't want to pay commission.
Some mutual funds are limited by their charter as to what they may buy so you can't go with them. Others do not have these restrictions. You limit your selection to these. There are 3 that are very outstanding now ? the Small Cap Value, Mid Cap Value and Real Estate peer groups. They are all in double digit profit territory while most mutual funds as a group seem to be going sideways. These can be most easily found by searching on the Internet or calling a discount broker to see if he will get you a list. Most of them do not want to do the work for you especially since there is no commission involved. If you care about your money you will do you own searching.
Making money in the market is all about being in the right place at the right time, but no one is going to do it for you.
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
![]() |
|
![]() |
|
![]() |
|
![]() |
When the stock market is going up and all your... Read More
After finding the price of a particular stock, usually the... Read More
Every day I hear from the "experts" on CNBC-TV and... Read More
Every year I go to the Money Show in Orlando,... Read More
Is really not as important as to how you invest... Read More
"Buy and hold" is one of the most heralded investment... Read More
People are constantly asking me why is the stock market... Read More
With the stock market stubbornly refusing to settle down and... Read More
Checked your 401K lately? Going back to about a year... Read More
How is it possible that trash Companies are posting less... Read More
The stock market is very unstable at this time going... Read More
I often hear from people, "I don't trade. I invest.... Read More
The greatest stock market myth is the idea that investing... Read More
Among the largest forces that affect stock prices are inflation,... Read More
(1) CHK stock price $16.74, NAV $32.5CHK is my favorite... Read More
Investors who exclusively use broadly diversified, no load mutual funds... Read More
Even if you don't own any of their stock or... Read More
What is the Series 7 Exam? If you... Read More
Mutual funds are doing more and more to discourage investors... Read More
I constantly hear the talking heads on CNBC-TV, the radio... Read More
When it comes to 401k's there is an overabundance of... Read More
When it comes to mutual funds, there is a lot... Read More
Mutual funds were created with the idea that one person... Read More
Starbucks earnings are up again and so is their stock... Read More
I use the P/E ratio as a secondary indicator for... Read More
Ever have one of those sample boxes of candy? Each... Read More
Wouldn't it be nice if you were only in the... Read More
Let's go into the details of why non-indexed mutual funds... Read More
The demand for world oil is increasing while world reserves... Read More
There is no question that the stock market is being... Read More
Investing in long-term financial vehicles give you the most gains... Read More
Reduce your investing and stock market risks by:Setting your sights... Read More
I made my very first investment in the stock market... Read More
The Macedonian Stock Exchange (MSE) is not operating successfully. True,... Read More
One of the things people are always asking me is... Read More
The Dow TheoryCharles H. Dow... Read More
The ABC's of Stock Trading SuccessStock trading success...why is it... Read More
For the last 12 years we have seen the Japanese... Read More
Every broker and financial planner will tell you that you... Read More
The stock market has not been very kind to your... Read More
I constantly hear the talking heads on CNBC-TV, the radio... Read More
That sounds like good advice doesn't it? Don't lose all... Read More
Outlined below are some of the advantages and disadvantages of... Read More
A PEG ratio cannot be used alone but is a... Read More
In his wonderful book, 'Multiple Streams of Income', best selling... Read More
Much like the middle child, mid-cap stocks have long struggled... Read More
In 1960 an engineer working for a watch company in... Read More
It is difficult to make money in a bull market,... Read More
The bulls and bears of the stock market are both... Read More
What is leverage?Here is a definition of leverage from an... Read More
(1) Stock Market is Tough Place to Make Any Money... Read More
There are major differences between trading stocks and trading futures.... Read More
Every day I hear from the "experts" on CNBC-TV and... Read More
Inverted interest rates? What's that? Who cares? Even if you... Read More
If you are serious about making and keeping money by... Read More
The stock market has been in an up trend for... Read More
Before you buy another car you walk around the lot,... Read More
In one of my previous articles (Investing in the stock... Read More
If you have not back tested your trading system, you... Read More
It depends on your level of understanding of the market... Read More
I have been trading for several decades and was an... Read More
The trash business in its efforts to cook their books... Read More
There are red lights, green lights, blue lights and spot... Read More
Let me start by saying that...Most online brokers do not... Read More
There has been great condemnation recently because China has been... Read More
You must take the time once a month to review... Read More
Stocks & Mutual Fund |