Friday, June 06, 2008

Whiplash Investing

Have you ever been struck from behind while you were in your car? It usually haps at a brake light or stopsign. Everything is nice and peaceful and knock you get a awful whack. Totally unexpected. Some damage to the car and maybe to you.

It might be a twenty-four hours or so later as headaches
start, dizzy spells and vomiting. Yuk! Best
thing is to be off to your chiropractor to have
castanets reset.

This is somewhat like the stock market and
your portfolio. You are going along comfortably
relaxed and suddenly the market hits you from
behind. Totally unexpected. There is damage to
your portfolio and maybe to your peace of mind. Could be headaches and emesis depending on how
serious is the crash.

It's off to your broker or financial planner
to get things fixed. After you get there you are
shocked to happen out he have no thought how to get
your money back. Yuk! He is supposed to be an
expert and this should not have got happened in the
first place. You are about happen out that brokers
and financial contrivers have got been taught their
trade by the large Wall Street brokerage houses. Their end is not to do you rich but to get
rich off you. Can this be true? You betcha. You
will learn that advice from a broker is a eulogy
for your money.

It is not that your broker or financial planner
is dishonest. It is that he doesn’t cognize that he
doesn’t know. The methodological analysis of Wall Street is
to get your money and maintain it. Buy and never
sell. Brokers are not taught that cash is a
position. Think back. How much more than money would
you have got today if you had been in cash from 2000
to 2003? There are modern modern times when Buy And Hold is a
good idea, but there are also times when you
should be in a money market.

Your chiropractor will do an accommodation
to your cervix and back and you will get off the
tabular array feeling better. Your broker will suggest
adjusting your portfolio by merchandising certain
equities and purchasing others. The chiropractor may
inquire that you have got further adjustments. Unfortunately, unless you have got a very large
account brokers forget their clients until you
are faced with another concern and phone call him to
do additional “adjustment”. It doesn’t help
unless he is aware of the general direction of
the market – up or down. Down he doesn’t
understand and have not been schooled how to
protect your money.

The criterion Wall Street medicines of Buy
and Hold, Diversification, Bash Research, Dollar Cost
Average and You Can’t Afford to be Out of the
Market are a few of the poisonous substance pills prescribed
to investors every day. There are more than standard
tungstens tablets and they will all do your portfolio
smaller over a clip period of time.

If you have got either of these types of whiplash
you will need to happen person who cognizes the cure.


Comments: Post a Comment



<< Home

This page is powered by Blogger. Isn't yours?