Investment Rowing
You have rowed a boat at some time haven't
you? Yes, put the oars in the water and pull. Of
course, you don't know where you are going
because you are sitting backwards. Every so
often you have to turn to look ahead to see if
you are pulling in the right direction. Reminds you of the stock market doesn't it?
You have your money invested and you are pulling
hard (working) trying to get to that rainbow
where the pot of gold is supposed to be, but you
are sitting backwards and you can't see where
you are going. The stock market is more like one of those
Olympic shells with a bunch of people rowing
together to the finish line. Unfortunately, in
the stock market each person is putting his oar
in the water at a different moment and some are
even pushing on their oar. What a mess. How is
anyone ever going to win if they don't all pull
at the same time? Let me give you a clue. They
won't. And why won't they? You, the little guy in the row boat, doesn't
have a coach or the coach you might have doesn't
know what he is doing. Those coaches have been
taught how to row by the big guns on Wall Street
and the big guys don't care about you. In order to become a stock broker the person
must pass a very tough test. That test has
nothing to do with helping investor make money.
It is all about rules to keep them from lying to
you and cheating on your account. That's good
and it works, but they are not taught how to
trade or protect your money. When the broker or financial planner does
pass that test he is given two manuals. The first one
is a copy of all those rules and regulations.
The second is how to open account in other words
get you to send him your money. There is no third manual on how to protect a
customers' money. You can't expect to row your
boat in the right direction if your coach
doesn't know what he is doing. When your boat
starts to leak (the market starts down) your
coach has no idea how to patch those leaks and
you slowly sink. Does this sound familiar? You have to learn how to row your boat in the
right direction by steering through the maze of
Wall Street lies. The first rule is not to let
your boat sink. When you see a leak you must
patch it immediately. In the stock market that
is called selling a losing position. Stop the
leak so your boat won't sink. Wall Street coaches are not taught this
simple technique and the brokerage house always
wants you to have a position. When you sell you
have cash and learn this ? CASH is a position. Many
times it is better to be out of the market than
sinking with it. That way you will still have a boat to row. 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
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