Thomas Edison and the Stock MarketWritten by Al Thomas
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hope not. The top 50 mutual funds crashed 42%. Each $10,000 in your portfolio became worth $5,800. You could have saved most of $4,200 if your broker had recommended a trailing stop loss order. When you bought your stock or fund did you have an exit strategy? Most folks don’t. Edison was always trying different approaches and when they did not work he quit them and tried something new. That is what you must do when investing in stock market. If your equity goes down it is not working for you so you sell it to find one that does work for you. There are times when nothing is going up and that is when you will have sold everything and stand aside with your funds in a money market account. It may not make much, but at least you won’t let market steal your equity. You don’t need to be as brilliant as Tom Edison to find a good stock during a bull market, but during a bear market it takes a super genius. During a bear market even best stocks go down and many do not recover, Bernard Baruch, one of greatest traders of all times, said secret to his success was that he got out too soon. That may seem very simple, but he had greatest gift of all traders. He had an exit strategy. Don’t join other inmates in Wall Street sanatorium by continuing to hold your equities as market goes down. Learn to do something different to protect your investments.
Al Thomas' best selling 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 and receive his market letter for 3 months at www.mutualfundmagic.com and discover why he's the man that Wall Street does not want you to know. Copyright 2005
| | Benefits of a RemortgageWritten by John Mussi
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Homeowners who want to raise money for home improvements, buying a car or other purposes often find that a remortgage to raise money is cheaper than taking out a personal loan or using credit cards. This is because interest rates on mortgages are amongst lowest of all different types of loans. Homeowners may wish to raise money to consolidate other debts. By taking advantage of remortgaging your property you could transfer several debts into one more easily manageable remortgage. This means you can replace credit card bills, personal loans and other loans with one lower interest rate remortgage and spread lower payments over a longer period. It is important to note that there are costs attached to remortgaging such as redemption penalties. These need to be taken into account when you are considering a remortgage. It is however worth bearing in mind that often benefits of remortgaging can outweigh costs involved. You may freely reprint this article provided author's biography remains intact:
John Mussi is the founder of Direct Online Loans who help UK homeowners find the best available loans via the www.directonlineloans.co.uk website.
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