Buying Mutual Funds
It looks like the market is ready to start up again so it is time to buy mutual funds, but you only want to invest your money in funds that go up. First, you don't want to start with a loss so be sure to purchase no-load mutual funds. There is no need to ever pay commissions as there are several thousand funds that have no commission whatsoever for either buying or selling. If you talk with a broker he will try to confuse you that a commission fund is better than a no-load fund. He is lying. Find another broker. Also don't pay any attention to who the fund manager is. All big name fund managers have cold periods when their funds go down. Another thing the "experts" tell you is look at the expense ratios. Nonsense again. Whether it is 1%, 2% or 3% the only thing you are concerned with is is it going up because that is the net figure for your bank account. If you buy a fund at $20/share and it goes to $40/share do you care if the expense ratio is 10%? (It won't be.) The only thing that counts is the bottom line. Now the most important thing. Which no-load fund? There are several good sources. Go to the library to look in recent back issues of Investor's Business Daily. On the first page of the second section under "Making Money in Mutuals" near the bottom there will be a box listing 25 to 50 funds. You will want to find the top funds for the past 3 months, 6 months and 9 months sometimes in several different issues of the paper. Don't pay any attention to a longer period of time than 12 months. You want funds that are going up now. In the same paper you will find the toll-free phone numbers listed by the names of the funds. Or if you can use a computer go to www.smartmoney.com. Click on Mutual Funds. Then click on 25 Top Funds. Here you will find another list of the best performing funds for the past year. Most of them are no-load and if there is a load charge it is shown in the Fee column. There are many Internet sources like this if you want to hunt for them. Call to be sure they have no redemption fees if you decide to sell them in a short period of time. This is important. With your computer or you can use one at the library I suggest you go to www.bigcharts.com or www.cbsmarketwatch.com to look up each fund by the symbol. You will immediately see why these particular funds are a good buy. They have been going up even when the general market was going down. As long as this upmove continues you will want to own these funds. When they start down you must sell them to protect your capital and your profits. Never stay with a fund that is going down. Brokers will not do this for you. You must be in charge of your own money. This may or may not be the start of the next bull market move, but if it is this is the right way to buy mutual funds now or any time. (Cut out and save this column.) 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 al@mutualfundstrategy.com; 1-888-345-7870 |
Other Online Trading Articles
Pivot Point Prophet Pivot points have been used by floor traders for years, they are a commonly used indicator of support and resistance areas. A few years back I began to experiment with pivot points. After I got comfortable with them, I began to really like trading with them as an additional indicator.Now pivot points are not your run of the mill indicator ...VooDoo Training For the Stock Market If you go to Haiti or other places in the Caribbean you may run into the Voodoo tradition of magic. There are long and mostly noisy rituals with the medicine man spouting words that bring great power and conjure up whatever it is the supplicant desires. Great amounts of smoke and mirrors.Does this remind you of anything?I hear the ...Online Commodity Trading Analysis If you choose to trade in commodity futures then you have to ensure that your information is updated and accurate at all times. While it is possible for an individual to have enough knowledge to engage in trading activities and cut advisors from their dealings, it is always better to have the advice of someone who makes their living analyzing th ...What is a Forex Broker? The Currency / Foreign Exchange market is the world’s largest and most dynamic market. Nearly $1.8 trillion is traded every day. The word Forex is derived from the words Foreign Exchange.A Broker is an individual or firm that acts as an intermediary between buyer and seller. Forex brokers are firms that deal in foreign exchange. The forei ...E-currency Exchange Trading If you are reading this article you are probably one of the many people who have spent countless hours searching for unique ways to make money on the internet. Very few people have gone on to succeed and most have failed miserably time and time again.So how are some people succeeding? The answer is quite simple; they are finding a busin ...Forex Trading - Do You Have It in You Forex is short for Foreign Exchange, where money from one country is exchanged for that of another or the simultaneous buying of one currency and selling of another.When one deals in forex trading the profit or loss, he incurs is the increased or decreased value of an investment caused solely by currency movements. For example, if an inve ...Online Forex Trading Systems Formerly, you had to visit the stock exchange to do business, which meant the loss of both time and money in commuting to and from your residence to the marketplace. The advent of computers and the Internet have changed the rules of the game. Now, you can trade in stocks, shares, and currencies online sitting in the comfort of your home.A ...Forex Trading Machine, Is It For Real? Trading the Forex markets has become one of the most popular activities among people from all walks in life but with the solid interest of gaining financial freedom away from the traditional environments of the office work.But Forex trading is not always easy. You will need a good amount of knowledge related to how the currency markets be ...Jedi Mind Games for The Forex "Your worst opponent is yourself Young Jedi"When it comes to marketing on the forex exchange, victory is a matter of the mind instead than mind atop matter. Any dealer wh's been in the game for any extent of time shall recount you that psychology has a lot to do with both your own execution on the trading floor and with the way that the e ...Hot Commodities – Buy Copper For Huge Long Term Gains! Buying copper as long term investment is one of the best ways of taking advantage of global economic growth.Forget about the situation in individual countries, global demand is strong and this commodity is “hot” and long term gains are expected of 100% or more!Triple digit gains per annum100% annual gains are a strong possib ...Heart Disease: The Dangers Of Coronary Heart Attack And How To Avoid It What is a coronary heart attack?Are you at the risk of a coronary heart attack?Here are some insights to help you...A heart attack happens when the blood supply to part of the heart muscle itself (the myocardium) is severely reduced or even stopped entirely.The medical term for a heart attack is myocardial infarction. ...Understanding The Stock Market Many people look to the stock market to enhance their hard-earned money more and more each year. Some people are not even aware of their investments, because they can come in the form of pensions with their place of employment. The company invests this money in efforts to increase your retirement funds. In order to fully understand what is happe ...Getting Even I know there are a lot of you out there who would like to "get even" with the stock market. Many are on the diet of "I hope, I hope". As a professional trader I can tell you that diet will make you very sick.If you play any game of chance like poker you know you are not going to win every hand. In fact you are going to lose more hands tha ...How to Deal with Cyclical Stocks It's been said that nothing is certain except for death and taxes, but there are likely many people who feel that the fluctuations of the stock market should be added to the list. It is nearly impossible to find a stock or other investment that doesn't fall in value at one point or another while you own it… some even make a regular habit of it. ...Executing a Trade There are two basic ways to execute a trade, on the exchange floor or electronically. With the ever changing technological advancements in this day and age, there is a drive to move more trading to the networks and off the trading floors, however this is meeting with some resistance. Most markets trade stocks electronically.The New York ...Forex Markets - How Do These Work? There is so much talk about NASDAQ and NYSE, but how many people are aware of another similar market, called Forex Markets? Forex Market has ten times the average daily turnover of many similar global equity markets. Also, foreign exchange markets have thirty the times of the daily volume of NASDAQ and NYSE. Markets are also the most liquid mark ...Online Currency Trading – Why It's Harder Today than Ever Before There are many who believe that the markets today, require the same skills as 30 years ago - but today’s markets are actually much harder to trade.It may surprise you, but markets have changed and are now harder to trade - but if you know why, you can increase your profits dramatically.If you don’t already understand why online cur ...American Eagle Could Soar Again When investors look ahead to what may be great investments for the next year, they much too often focus on what were big winners from the previous year. For example, shares of Google (GOOG) more than doubled in price during 2005. So, quite naturally, Google gets a lot of attention these days as a good investment choice.But investing in wh ...The Club Yesterday I received my monthly issue of MONEY magazine. This issue has the special feature called “The Ultimate Investment Club” that highlights their picks for the top mutual fund managers. Let’s see how their members made money for their shareholders.My readers know that the only thing that counts in my book is performance and performa ...Oil Stocks CHK WLL - What Is Their Worth? (1) CHK stock price $16.74, NAV $32.5CHK is my favorite oil or natural gas stock. Here is updated Net Asset Value (NAV) table from CHK July 2004 earning release:Table CHK PV-10 per share NAV vs Natural gas priceN Gas price NAV per share$4.50 $16.11 $5.00 $19.60$5.50 ...How To Become A Rich Person, The First Steps To Become rich, there are many avenues that you need to explore. In fact, the are many ways to make money: a daily job, trade stock, trade foreign exchange, make money online, investment in bonds, investment in property. Each of these options requires a different level of capital to start with.Usually, online money requires little monthly ...Using the Stock Market to Plan for Retirement The stock market can be a powerful investment tool, especially if you're planning on making long-term investments. Unfortunately, the instability of the market can make many people hesitant to trust in it for financial planning. Despite this, if you're looking for a way to make plans for your eventual retirement you might want to set aside some ...Hedging Foreign Exchange Risks The exchange rate of the Macedonian Denar against the major hard currencies of the world has remained stable in the last few years. Because of the IMF restrictions, the local Narodna (Central) Bank does not print money and there are no physical Denars in the economy and in the local banks.Thus, even if people want to buy Foreign Exchange ...Online Stock Trading Ask the wealthiest of Americans what their secrets are to financial success, and they will most likely say that one of them is stock trading.The 1980’s were particularly helpful to big-time stock investors – those who could afford to invest thousands upon thousands of dollars were able to double, even triple their incomes. Luckily, for th ...5 Useful Tips For Your Success In Forex Trading 1. Implement a trading plan.A trading plan is especially crucial in Forex trading to stay ‘in-control’ against the emotional stress in speculative situation. Often, your emotions will blind and lead you to the negative sides: greed causes you to over-ride on a win while fear causes you to cut short in your profits. Hence, a well organized ...Passive Income Online From e-Currency Exchange Building passive income is something that everyone wishes they could do, some people will spend countless hours and thousands of dollars searching for that one passive income opportunity.Sadly most people never find it. In the end they get know where fast, and think everyone and everything is out to get them and their money. Well t ...Online Trading Accounts & Published Financial Newletters If you have an account with a broker and are paying ridiculous trading and maintenance fees, now is the best time to sign up with an online investment account. They offer all the great investment products and allow you to make timely decisions on your own terms. Back in 1999 my investment account was with a local broker who charged me $50.00 to ...Trading The Betting Exchanges The numbers of people working from home utilising the talents of the Internet continues to grow at breakneck pace and one of the largest areas of growth in Britain is Online Trading, both in sports and miscellaneous markets.There are numerous advantages of setting up and running a sports or miscellaneous trading operation from home. First ...Different Types of Mutual Funds This is a guide to the different types of mutual funds. When it comes to investing in mutual funds, investors have literally thousands of choices.Before you invest in any given fund, decide whether the investment strategy and risks of the fund are a good fit for you. The first step to successful investing is figuring out your financial go ...Beginning Forex - How Are Lots Traded & What The Heck is a PIP? If you are new to Forex, no doubt you are confused by all of the strange and unfamiliar terminology. For example, what is a pip? Also, you are probably already aware that Forex trading can be risky. How can you limit your loss and best protect your funds? This article briefly covers how currency lots are traded to help you better understand how ...Online Jewelry Store: A Good Proposition For Internet Marketers? Using Jewelry as a means of creating revenue should not be overlooked by any serious-online-entrepreneur. Why? Read on...I am often asked why I got into the jewelry industry. Easy answer to that one... "Do you know a poor Goldsmith"?Seriously though, the onset of e-commerce revolutionized the trading of precious stones, gold ...Link Popularity Building Strategies and Tips Link PopularityLink building has always been a hot topic. In the beginning of the web hyperlinks were virtually the only way to get visitors to a site, because search engines were in their infancy. When search engines grew to be the major source of the web traffic, links didn’t lose their weight, as search algorithms star ...Stock Trading For Beginners Are you interested in investing in the stock market but you are unsure where to start? With all the stock market information out there it can be a little intimidating and overwhelming. Don't let this discourage you. The stock market can be a great investment choice, but before you begin trading any stock on your own you should know a few basic t ...
|
