financial planner Archive

  • About 99% of people who buy stock think about how much it is going to go up. Very few ask their broker where to sell if it goes down. Furthermore when it does go up how do you take you profit? How do you protect that hummer if it has been bought at $10 and starts up steadily going to 40 or higher? Has your broker ever mentioned a trailing stop loss? Probably not. The same technique applies to mutual funds.

    The Best Thing I Ever Learned About Investing

    Posted on April 19, 2011 | No Comments
    About 99% of people who buy stock think about how much it is going to go up. Very few ask their broker where to sell if it goes down. Furthermore when it does go up how do you take you profit? How do you protect that hummer if it has been bought at $10 and starts up steadily going to 40 or higher? Has your broker ever mentioned a trailing stop loss? Probably not. The same technique applies to mutual funds.

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  • How about looking in your stock portfolio? Are there some stocks or funds that have been in there gathering dust, giving no return and tying up money that could be earning an investment return elsewhere? Isn’t it time to take your own “mark down” to clean out space for new stocks that will make you some money?

    Filene Plan For Stocks

    Posted on February 27, 2011 | No Comments
    How about looking in your stock portfolio? Are there some stocks or funds that have been in there gathering dust, giving no return and tying up money that could be earning an investment return elsewhere? Isn’t it time to take your own “mark down” to clean out space for new stocks that will make you some money?

    Continue Reading...

  • Investors and brokers believe you have been taught that you have to “buy it right”. Any fool can buy. Without the added five words he will go broke. Anyone who has been successfully trading, any professional floor trader will tell you the five key words that go along with every trade which is the secret of financial success prior to every transaction.

    Winning Five Words

    Posted on February 15, 2011 | No Comments
    Investors and brokers believe you have been taught that you have to “buy it right”. Any fool can buy. Without the added five words he will go broke. Anyone who has been successfully trading, any professional floor trader will tell you the five key words that go along with every trade which is the secret of financial success prior to every transaction.

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  • A chart will tell you more at a glance than all the analysis that can be piled in your lap. Of course if this is a relatively new issue the story will be marvelous. Don’t buy it – the story, and look at the chart. About 90% of IPOs lose money over time.

    There Is No Such Thing As A “Good” Stock

    Posted on December 1, 2010 | 1 Comment
    A chart will tell you more at a glance than all the analysis that can be piled in your lap. Of course if this is a relatively new issue the story will be marvelous. Don’t buy it – the story, and look at the chart. About 90% of IPOs lose money over time.

    Continue Reading...

  • When listening to those market mavens on TV they say stocks are cheap now. It seems to me they have been saying that for months and months. All those folks talk about valuation. If stocks are such a great value why do they keep going down? What does “cheap” mean?

    What Diversification Really Means

    Posted on September 27, 2010 | No Comments
    When listening to those market mavens on TV they say stocks are cheap now. It seems to me they have been saying that for months and months. All those folks talk about valuation. If stocks are such a great value why do they keep going down? What does “cheap” mean?

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  • Now you want to get your money back so you will sell it when it gets back up to “even”. Fageddaboutit! “Even” is for losers. If Doozy is down 50% it means it has to go up 100% to get out where you got in. Do you really think there is much chance of that happening?

    How Stop Loss Orders Make Money

    Posted on July 13, 2010 | 2 Comments
    Now you want to get your money back so you will sell it when it gets back up to “even”. Fageddaboutit! “Even” is for losers. If Doozy is down 50% it means it has to go up 100% to get out where you got in. Do you really think there is much chance of that happening?

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  • When you read this book (If It Doesn't Go Up, Don't Buy It!) you will find that I have cut the legs out from under you. Rightly so, as I am concerned with the little investor who is at the mercy of you guys and, unfortunately, most of you don't know how to make money, certainly not as I do with just about complete safety.

    If It Doesn’t Go Up, Don’t Buy It!

    Posted on April 13, 2010 | No Comments
    When you read this book (If It Doesn't Go Up, Don't Buy It!) you will find that I have cut the legs out from under you. Rightly so, as I am concerned with the little investor who is at the mercy of you guys and, unfortunately, most of you don't know how to make money, certainly not as I do with just about complete safety.

    Continue Reading...