05-27-2020, 11:17 PM
People are always asking me when should I sell my stock or mutual funds?
There are some relatively easy answers to this. In fact Travis Frederick Hat , so simple that you won't believe them, but they are things I have learned over the past 30 years as a professional trader on the floor of the commodity exchange in Chicago. These ideas apply equally well to stocks and mutual funds and to just about any kind of investment.
First let's examine what the Wall Street mavens tell you about mutual funds. Ever heard this one? Buy a good fund and stick with it even when it is going down. WRONG! Go with a good fund manager and follow him from fund to fund. WRONG! Don't buy the current "hot" fund, as it will go down when this fad is over and you will lose your money. WRONG!
Let's look at the one basic reason all these ideas are promoted. The mutual fund industry which is the biggest owner of individual stocks in the world doesn't want you to take your money out of their particular fund so they all band together to promote the above ideas even when you are losing money. Fund managers are not paid for performance. They are paid by the amount of your money the fund keeps.
Do you want to stick with anything that is going down in value week after week? The great cry of stockbrokers is Zack Martin Hat , "The market always comes back". But when? In your lifetime?
I don't know of any individual fund manager that has made money for the investors every single year. They all run hot and cold, even the best of them. You can put the best jockey on a slow horse and he is not going to win the race.
The Wall Street gurus talk about "hot money" flowing from one fund to another and want you to feel guilty just because you want to make more profit. Hey, what is your money in there for - cold pizza?
There is one basic rule that will keep you outperforming the pack. If your mutual fund is not currently (meaning in the past 12 months) outperforming the S&P500 Index you should sell it immediately and buy a different no-load fund. Don't buy any fund that charges commission. You can buy directly from the fund itself (phone numbers listed in IBD very day) or through a discount broker such as Waterhouse Tyron Smith Hat , Datek, E-Trade and many others. The maximum commission charge should not be more than $25 no matter the size of the buy or sell with no restrictions on how long you must hold it.
Where do you find the best performing funds? Each day Investor's Business Daily publishes a list of these funds. Look for the day they publish the top performers for the past 12 months.
Don't pay any attention to the longer-term statistics. Each week you should look to see if your fund is still listed in the top 25. If it isn't, sell it and buy the one at the top. Simple. Forget the 3-year Demarcus Lawrence Hat , 5-year and 10-year records. My philosophy is 'What have you done for me lately?'.
As far as selling stock this is what I do. I keep at 10% trailing stop which I change every Monday morning with my discount broker. The open stop is 10% of the previous Friday's close. This may or may not be the top of the move but I don't care. I'm either stopped out with a small loss or a profit, but my money is always protected. When I have doubled my money I will sell half my position and let the rest ride with the following stop. Protection of your capital is the most important thing you can do.
Al Thomas' book, "If It Doesn't Go Up Jason Witten Hat , 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 and discover why he's the man that Wall Street does not want you to know.
1-888-345-7870; al@
The most common auto repair issues Autos Articles | November 29, 2011
Automobiles today are more sophisticated than ever.? From warning signals to automated operations, the advancing technology has made electric systems used in automobile reach a step higher. Such compl...
Automobiles today are more sophisticated than ever.? From warning signals to automated operations Dak Prescott Hat , the advancing technology has made electric systems used in automobile reach a step higher. Such complicated technology ensure that users experience total comfort and least harm is caused to the environment. Problems are common when sophisticated technologies are in use. Dealing with such troubles is not everyone's cup of tea and a novice auto mechanic is bound to get confused. Contact auto repair experts in Clearwater, FL who are in constant touch with the latest happenings.?
It is a common knowledge that a motor with diesel engine puts out more torque as compared to a gas engine. This is the major reason why larger vehicles like buses and trucks consist of diesel motors. Diesel driven heavy vehicles are quite efficient for works like hauling and pulling. The? only problem is that such vehicles are hard to work on and the integral parts are relatively? expensive. The high costing labor charges add to the troubles. A trusted auto repair shop in Clearwater, FL with assured quality work can save the day of any trouble with quick diagnosis of the problem and advise repair only when needed.
The brake system is the most essential of any automobile system. Any breakdown is invitation to?? risks. Neglecting brake related issues results in serious consequences but also letting anyone work on it can have similar results. An ideal brake repair shop would cover all possible types of brake issues Ezekiel Elliott Hat , from trucks to cars. Break failure is a major reason for accidents. Auto brakes repair is not a child's play and requires years of experience to work on and holds importance as any negligence results in loss of lives.
After miles of use, it so but natural for vehicles to wear out. This holds quite true for the components underneath the automobile which are subjected to h. Cheap Jerseys Cheap Jerseys Online Cheap Authentic Jerseys Cheap Throwback Jerseys Cheap NFL Jerseys From China Cheap NFL Jerseys Wholesale Cheap NFL Throwback Jerseys Wholesale Hoodies Wholesale Jerseys Wholesale Jerseys
There are some relatively easy answers to this. In fact Travis Frederick Hat , so simple that you won't believe them, but they are things I have learned over the past 30 years as a professional trader on the floor of the commodity exchange in Chicago. These ideas apply equally well to stocks and mutual funds and to just about any kind of investment.
First let's examine what the Wall Street mavens tell you about mutual funds. Ever heard this one? Buy a good fund and stick with it even when it is going down. WRONG! Go with a good fund manager and follow him from fund to fund. WRONG! Don't buy the current "hot" fund, as it will go down when this fad is over and you will lose your money. WRONG!
Let's look at the one basic reason all these ideas are promoted. The mutual fund industry which is the biggest owner of individual stocks in the world doesn't want you to take your money out of their particular fund so they all band together to promote the above ideas even when you are losing money. Fund managers are not paid for performance. They are paid by the amount of your money the fund keeps.
Do you want to stick with anything that is going down in value week after week? The great cry of stockbrokers is Zack Martin Hat , "The market always comes back". But when? In your lifetime?
I don't know of any individual fund manager that has made money for the investors every single year. They all run hot and cold, even the best of them. You can put the best jockey on a slow horse and he is not going to win the race.
The Wall Street gurus talk about "hot money" flowing from one fund to another and want you to feel guilty just because you want to make more profit. Hey, what is your money in there for - cold pizza?
There is one basic rule that will keep you outperforming the pack. If your mutual fund is not currently (meaning in the past 12 months) outperforming the S&P500 Index you should sell it immediately and buy a different no-load fund. Don't buy any fund that charges commission. You can buy directly from the fund itself (phone numbers listed in IBD very day) or through a discount broker such as Waterhouse Tyron Smith Hat , Datek, E-Trade and many others. The maximum commission charge should not be more than $25 no matter the size of the buy or sell with no restrictions on how long you must hold it.
Where do you find the best performing funds? Each day Investor's Business Daily publishes a list of these funds. Look for the day they publish the top performers for the past 12 months.
Don't pay any attention to the longer-term statistics. Each week you should look to see if your fund is still listed in the top 25. If it isn't, sell it and buy the one at the top. Simple. Forget the 3-year Demarcus Lawrence Hat , 5-year and 10-year records. My philosophy is 'What have you done for me lately?'.
As far as selling stock this is what I do. I keep at 10% trailing stop which I change every Monday morning with my discount broker. The open stop is 10% of the previous Friday's close. This may or may not be the top of the move but I don't care. I'm either stopped out with a small loss or a profit, but my money is always protected. When I have doubled my money I will sell half my position and let the rest ride with the following stop. Protection of your capital is the most important thing you can do.
Al Thomas' book, "If It Doesn't Go Up Jason Witten Hat , 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 and discover why he's the man that Wall Street does not want you to know.
1-888-345-7870; al@
The most common auto repair issues Autos Articles | November 29, 2011
Automobiles today are more sophisticated than ever.? From warning signals to automated operations, the advancing technology has made electric systems used in automobile reach a step higher. Such compl...
Automobiles today are more sophisticated than ever.? From warning signals to automated operations Dak Prescott Hat , the advancing technology has made electric systems used in automobile reach a step higher. Such complicated technology ensure that users experience total comfort and least harm is caused to the environment. Problems are common when sophisticated technologies are in use. Dealing with such troubles is not everyone's cup of tea and a novice auto mechanic is bound to get confused. Contact auto repair experts in Clearwater, FL who are in constant touch with the latest happenings.?
It is a common knowledge that a motor with diesel engine puts out more torque as compared to a gas engine. This is the major reason why larger vehicles like buses and trucks consist of diesel motors. Diesel driven heavy vehicles are quite efficient for works like hauling and pulling. The? only problem is that such vehicles are hard to work on and the integral parts are relatively? expensive. The high costing labor charges add to the troubles. A trusted auto repair shop in Clearwater, FL with assured quality work can save the day of any trouble with quick diagnosis of the problem and advise repair only when needed.
The brake system is the most essential of any automobile system. Any breakdown is invitation to?? risks. Neglecting brake related issues results in serious consequences but also letting anyone work on it can have similar results. An ideal brake repair shop would cover all possible types of brake issues Ezekiel Elliott Hat , from trucks to cars. Break failure is a major reason for accidents. Auto brakes repair is not a child's play and requires years of experience to work on and holds importance as any negligence results in loss of lives.
After miles of use, it so but natural for vehicles to wear out. This holds quite true for the components underneath the automobile which are subjected to h. Cheap Jerseys Cheap Jerseys Online Cheap Authentic Jerseys Cheap Throwback Jerseys Cheap NFL Jerseys From China Cheap NFL Jerseys Wholesale Cheap NFL Throwback Jerseys Wholesale Hoodies Wholesale Jerseys Wholesale Jerseys