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Investment Rowing
You have rowed a boat at some time haven'tyou? Yes, put the oars in the water and pull. Ofcourse, you don't know where you are goingbecause you are sitting backwards. Every sooften you have to turn to look ahead to see ifyou are pulling in the right direction. Reminds you of the stock market doesn't it?You have your money invested and you are pullinghard (working) trying to get to that rainbowwhere the pot of gold is supposed to be, but youare sitting backwards and you can't see whereyou are going. The stock market is more like one of thoseOlympic shells with a bunch of people rowingtogether to the finish line. Unfortunately, inthe stock market each person is putting his oarin the water at a different moment and some areeven pushing on their oar. What a mess. How isanyone ever going to win if they don't all pullat the same time? Let me give you a clue. Theywon't. And why won't they? You, the little guy in the row boat, doesn'thave a coach or the coach you might have doesn'tknow what he is doing. Those coaches have beentaught how to row by the big guns on Wall Streetand the big guys don't care about you. In order to become a stock broker the personmust pass a very tough test. That test hasnothing to do with helping investor make money.It is all about rules to keep them from lying toyou and cheating on your account. That's goodand it works, but they are not taught how totrade or protect your money. When the broker or financial planner doespass that test he is given two manuals. The first oneis a copy of all those rules and regulations. The second is how to open account in other wordsget you to send him your money. There is no third manual on how to protect acustomers' money. You can't expect to row yourboat in the right direction if your coachdoesn't know what he is doing. When your boatstarts to leak (the market starts down) yourcoach has no idea how to patch those leaks andyou slowly sink. Does this sound familiar? You have to learn how to row your boat in theright direction by steering through the maze ofWall Street lies. The first rule is not to letyour boat sink. When you see a leak you mustpatch it immediately. In the stock market thatis called selling a losing position. Stop theleak so your boat won't sink. Wall Street coaches are not taught thissimple technique and the brokerage house alwayswants you to have a position. When you sell youhave cash and learn this ? CASH is a position. Manytimes it is better to be out of the market thansinking with it. That way you will still have a boat to row. Al Thomas' book, "If It Doesn't Go Up, Don't BuyIt!" has helped thousands of people make moneyand keep their profits with his simple 2-stepmethod. Read the first chapter athttp://www.mutualfundmagic.com and discover why he's the man that Wall Streetdoes not want you to know. Copyright 2005
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