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

---

An Investment Real Estate Strategy Unknown To Most Is A Negative Amortization Loan

If you want to make the most of your personal... Read More

The Benefits of Laddering Your CD Investments

If you've decided to stock some money away in a... Read More

Forex Trading Best Practices

FOREX, the term for the FOReign EXchange market, is an... Read More

The Conflict of Interest Game

Disgruntled investors are going after Wall Street once again, this... Read More

Investing & Online Stock & Share Trading- The Stock & Share Markets are Booming But Be Warned

I had the pleasure of being invited on a friend's... Read More

College Savings Plans ? Are They The Best Choice For My Child?

College Savings Plans ? are they the best choice for... Read More

POOF goes your RRIF !

Some time ago I attended a seminar where participants were... Read More

Need To Trade!

You don't HAVE to be trading.As a novice trader, you'll... Read More

Annuity Investment - The Whole Truth

Do you ever feel like you haven't been told the... Read More

Investing As A Sport?

I said last week that money doesn't generally buy happiness,... Read More

Reasons For Joining An Investment Club

Whether you're a novice investor or an experienced stock picker... Read More

Is Starting A Business For Me? What To Consider Before Starting A Business

Do you have the right temperament?Starting a small business is... Read More

Can Your Annuity Do This?

Many people buy annuities according to their agent's recommendations. However,... Read More

Economic Survival in the 21st Century - the Three Key Questions to Ask

In this "special report", I want to pose a few... Read More

In a Time of Need

As I take my leisurely walk with my dog through... Read More

Investing in New Zealand - Learn how to Find Unique Investment Opportunities

Investing in New Zealand might be much easier than investing... Read More

Shop More, Save More for College Gimmick or Reality?

The man sat in a chair beside a dressing room... Read More

Creating a Financial Future - Putting Your Plan Into Action Part 1

This column has previously discussed "picturing the future that we... Read More

Justify Social Security ... Dont Save for Retirement

It is a common question when investors review their retirement... Read More

Landlording 101, Tricks of The Trade

Looking Inside Your Tenant's Mind Basic Mind-Reading Report 101 for... Read More

Trading Tips No 7: Developing a Casino Mentality for the Day Trader

I submit that the successful day trader would profit well... Read More

Annuity Investment Guide

While there is not a lack of information on annuities,... Read More

Invest To Make Money, Not To Get Rich

The technology boom of the '90s romanticized the "rags-to-riches" ideal... Read More

Now is the Time to Invest for Your Retirement!

Yes, it's the time we've all been waiting for?tax season!... Read More

Discipline in Trading and Investing

The one thing I can think of that most affects... Read More