www.1001TopWords.com |
Holy Grail Investments
Every year I go to the Money Show inOrlando, Florida. Thousands attend. It is mostlyan older crowd with the youngsters about 40years of age. I have been saying for years thatuntil you have lost enough money trying to makea fortune you will not become serious aboutinvesting. The under 40's are shooting for themoon and it has finally dawned on the over 40's(maybe it's the over 50's) that they must find abetter way to get rich. The Money Show presents a forum ofrecognized experts in their field. It may belong-term or short term trading. It could be instocks, bonds, mutual fund, ETFs (ExchangeTraded Funds), oil and gas properties, options,commodity futures, managed accounts and othermore esoteric venues. Each one of the "experts" allows youto listen to him speak (at no charge) to tellyou how he has found the secret to stock marketsuccess and why you should buy his Holy Grailservice. You will receive his (daily, weekly,monthly) market letter for the ridiculously lowprice of from $250 to $5,000 or more. You maynot have found the Holy Grail, but he has. Almost all of them have a "when tobuy" method, but very few have a "when to cashin your chips" method and fewer than that willhave any way to protect yourself from losing itall should their Holy Grail method turn intoHoly Cow. The Orlando show occurs in February so everyexpert has his predictions for the coming year.The only bear I found was Martin Weiss, but hewasn't a bull in 1999 either. No one wants tohear dire consequences of a bad year for theirstocks so the audience is fed the kind of foodthey like. Everything is going to be even betterthis years and with my super software (ornewsletter) you will make a better return thanever before. During the three day show there were 396individual presentations most of which ran aboutan hour more or less and then there were theextra charges for having breakfast, lunch, tea,whatever with one of the speakers. And theseweren't cheap. You could also sign up for allday seminars. In the Exhibit Hall there wasalways an expert giving a lecture with a greatslide show on how his Grail (I am gettinghesitant about calling it Holy) will increaseyour portfolio. Many investors came to see the guru whose marketletter they were receiving. Very few of thesemavens are making anyone rich, but there aresome. My question to them is are they puttingtheir own money on the line or are these resultshypothetical? After attending several of these seminars eachday with each presenter showing his magicget-rich formula it would seem these folks wouldgo home more confused than when they came. Thereis no Holy Grail of investing. At least I havenot found it nor do I know anyone who has. Donot rely on someone else to make you rich.' Youhave to do it yourself. The real Holy Grail translates intotwo words ? Hard Work. Al Thomas' book, "If It Doesn't Go Up, Don't Buy It!" has helped thousands of people make moneyand 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 doesnot want you to know.
|
RELATED ARTICLES
Wit and Wisdom on Money, Wall Street and Success - Part #1 I love to collect quotes as they concisely promote a philosophy which is readily understandable. Easily Finding A Good Stock There is a tremendous amount of software,complicated high priced newsletters, radio andTV stock pickers and Internet web sites thatwill help you find a stock that is going to makeyou rich. Your Worst Enemy To Successful Investing - The Media How do you make your investment decisions and where do you get your information? If you're like most of the people I know, you look to the experts. Powerful Options Basics Lessons Improving your trading in 180 days. An option is a traded security that is a derivative product. Bad News - Why The Financial News Media Can Cost You Money! The communication innovations we have around us today like the internet, financial newspapers, and special interest television channels focused on investing like CNBC are a high speed pipeline of nonsensical chatter. All these sources of information mean that there is no shortage of media people trying to answer our questions about the stock market and specific stocks. You have to remember that the news media are constantly competing to survive against other stuff you can watch. If they don't always sound like they know exactly what is going on then you won't watch their presentations. If you don't tune into their show then their ratings go down. If their ratings go down they get fired and their show gets cancelled. Everybody Wants to Know How to Invest Those unfamiliar with the process of making and managing investments often have more than a few trepidations about investing in general. They figure that, since they do not know how to invest, they will never learn. Of course the horror stories of investors who lost their life savings on some bad deal don't help people to feel any less secure when figuring out how to invest. Bankers in Denial Denial is a ubiquitous psychological defense mechanism. It involves the repression of bad news, unpleasant information, and anxiety-inducing experiences. Judging by the German press, the country is in a state of denial regarding the waning health of its economy and the dwindling fortunes of its financial system. Diversify! The best way to avoid being hit hard by a stock market crash or another Enron/Worldcom fiasco is to make sure you don't put all your eggs in one basket. Diversification helps ensure steady growth of your net worth as you accumulate more assets. Begging Your Trust in Africa The syntax is tortured, the grammar mutilated, but the message - sent by snail mail, telex, fax, or e-mail - is coherent: an African bigwig or his heirs wish to transfer funds amassed in years of graft and venality to a safe bank account in the West. They seek the recipient's permission to make use of his or her inconspicuous services for a percentage of the loot - usually many millions of dollars. A fee is required to expedite the proceedings, or to pay taxes, or to bribe officials - they plausibly explain. An Introduction to Offshore Investing Once upon a time, offshore investment strategies were spoken of in hushed tones. They were conversations restricted to the plush offices of private Swiss bankers, or a dinner table topic in the expensive playgrounds of the multi-millionaires. Profitability And Stock Turn Rate The inventory of the typical store represents the largest single element of its total assets. The sale of goods from this inventory is the merchant's chief source of operating profit. Thus, the way in which this merchandise investment is put to work is of utmost importance in achieving a profitable operation. Building The Foundation For Wealth You wouldn't build your home on anything less than a solid foundation. Similarly, you can't build wealth and financial independence without first having sound foundational principles to build upon. My Way Or The Highway: Give Your Financial Professionals A Good Talking To! All this talk about Investing is encouraging lately. Over the last few years, more people have become interested in the duty to invest there money, then ever before. However, when you follow most investment offers to their logical conclusion, they are disgustingly futile. Love The Thrill of Risk? Invest in an Annuity! With the stock market in steep decline, people are looking for safe places to invest their savings. Many banks and investment companies are pushing annuities. Annuities offer a higher interest rate than CD's, but are they safe? Pros & Cons of Investing in Bonds What are Bonds? When It Comes To Investing, Asking The Right Questions Can Help You Make The Right Decisions Are you ready to open your pathway to financial independence? A Secret Revealed: Why Most (Day) Traders Fail The following perspective on (day) trading comes from my many years of experience of active day trading or being the moderator of one of the largest day trading chat rooms on the Internet. Beta Factors: How They Can Be Used In The Current Situation Ever since the turn of the century, world stock markets have been very volatile. In other words there have been significant movements (up or down) in share prices. This phenomenon has been evidenced by the collapse in recent years of the share prices of the dot com companies (e.g. Yahoo, Amazon etc.) and the sharp falls in the share prices of telecommunication stocks (e.g. British Telecom, Marconi etc.). Yet despite these events there is very little emphasis placed on measuring the volatility of stocks. The Difference Between Investing and Trading Investing and Trading are not the same thing. The returns you seek, the length of time it takes to achieve those returns, the amount of risk one is prepared to take, and the commitment one can make to monitor the investments dictate the strategy of whether to invest or trade. Finding a Broker "Hey Joe! I need help finding a broker. I notice that discount commission rates are pretty much the same.So how do I choose?" |
© Athifea Distribution LLC - 2013 |