Last week in his prime time news conference the President made it very clear when asked about his plan to reduce the deduction for charitable contributions, “if people were just contributing to charity for the deductions than it was not really charitable to begin with”. Who can argue with that? He also stated that “the poor economy has reduced contributions”. Who can argue with that too?
If you’ve been watching the news lately, and perhaps felt outraged by the huge compensation for some of the executives of a particular insurance company you are not alone. You ever wonder what it would be like to be given a million dollars?
Way back in the day, when I was just getting my feet wet in stock investing, I learned a simple concept. It helped me to profit even before I knew the first thing about earnings, balance sheets, P/E ratios, etc. Honestly, at that point in time, it was way over my head. I’m sure some out there can relate.
So what did I do? I learned to follow trends. I devised a simple formula that anyone can follow. It helps them to know when to get into a mutual fund or ETF and when it may be best to exit.
It made me quite a bit of money and yet it saved me so much “downside” that others experienced. It smoothed out my returns and took away some of the volatility out of my portfolio.
Who wouldn’t want that? …especially when you go through times in the stock market like we’re going through now.
Don’t get me wrong, I didn’t invent this process. I simply found out how to hone this simple charting concept and it helped me to propel my returns far past my wildest dreams.
Want to know what it is? Here’s the simple concept.
Markets are driven by trends. I knew if I could find a way to know when BOTH short term trends and long term trends were headed in the same direction, I knew I had great odds in my favor.
So with that in mind, I defined how to determine a short term trend and long term trend. Once I had it “quantified”, I could put it on my charts. Check out the chart below and you will see what I’m talking about.
Looks like this Mutual Fund May be Turning around when Most are Still Headed Lower!
The blue line indicates where the short term trend is going and the red line indicates where the long term trend is going.
When the short term line is above the long term line, I’m a buyer of the fund. However, when the momentum shifts in the short term to where the short term blue line drops below the red long term line, then I get out of my fund.
You can see how this can allow me to enjoy tons of upside but yet avoid much of the downward spiral that happens in the stock market.
If you look to the far right of the chart, you will see that it appears like the short term trend is overtaking the long term trend once again. This could be a sign to consider re-entering the fund. After all, it’s been heading much higher lately when most stocks are still headed lower in steep downtrends.
In our Stock Market Investing course, we teach you the fundamental reasons why stocks should head higher or lower. This is the basis of why these trends form in the first place. Learning this can give you a “heads up” as to when things should head higher.
On the other hand, in our Currency Investing course, we teach people how to put these indicators on their charts and use them in order to get an idea of where a currency may be going.
However, once you learn how to use the charting indicators in the Currency Investing course, you can use the exact same indicators with Stocks, ETFs, Mutual Funds, Commodities, Currencies, etc.
Therefore, you can allow these indicators to increase your odds of success in whatever market you are involved with.
--------------------------------------------------------------------------------------
Want to know what these indicators are and what mutual fund may be turning around? Sign up for one of our three online courses and email me your login and I’ll send you an email that reveals which fund this is. It may be one of the few mutual funds in the entire stock market that is approaching a turn around point.
I’ll also show you which indicators I’m using and a place you can go to use them FOR FREE too. This way, you can enjoy more upside in your portfolio too and take less of a hit on the downside when it emerges next time.
---------------------------------------------------------------------------------------
Sean Hyman
Head Course Instructor
www.mywealth.com
shyman@mywealth.com
Sean and I have been really pleased with the turn out for the question of the week promotion and we gave out three more complimentary courses for participation in our question of the week.
Please be certain to follow our articles closely in order to make certain that you know the question of the week and can then take another shot. (We wish we could give out more!) Remember there are no wrong answers at all, and everyone is a winner when they pay attention to the economy and financial markets!
The objective behind the question is to get people more engaged in the markets that affect their everyday lives. My Wealth’s goal is to educate and we feel that the best way to learn, is to start tracking what’s going on in the markets and the economy.
As a financial planner, I have always tried to get people to see their finances as a business, in which they were the CEO and their financial planner was their CFO (Chief Financial Officer). Their tax guy/gal was their Treasurer and yet they were the quarterback in charge of their “financial team”.
(Watch the Free Video Version of Today’s Blog)
Evidently, Obama has more extensive resume than I previously thought. Heck, I just thought he was the President. Oh no! He doesn’t stop there.
If fact, he’s one of the few Presidents in our nation’s history that is comfortable being a stock analyst. (He recently said stocks were a good buy back on March 3rd).
With the Fed’s bold moves last week, and the Treasury new plan made public yesterday in order to rid the bank of all their “toxic assets”. Is it time for you to re-finance your mortgage? Buy a Home? The Government certainly wants you to, and you should definitely be getting ready to evaluate these moves.
Congratulations to our winners! It really pays to play! We gave out three complimentary investment courses last week for participation in our question of the week.
Please be certain to follow our articles closely in order to make certain that you know the question of the week and can then take another shot. Remember there are no wrong answers at all.
The objective behind the question is to get people more engaged in the markets that affect their everyday lives. My Wealth’s goal is to educate and we feel that the best way to learn is to start tracking what’s going on in the market, as opposed to just throwing your money at the market or not investing at all.
For those that were not awarded a free course you can enroll immediately for just $25. <http://www.mywealth.com/investing.html>
Sincerely,
I recently published an article that talked about the state of the U.S. economy and that it may be in the “beginning’ stage of an economic recovery.
I talked about the valuable indicator of copper and why it leads the way and tells you that the economy will recover long before the “nightly news” or even analysts tell you. Read more about it here.
Today, another site that I highly regard, also talked about the importance of copper in leading the way to an economic recovery. Daily Wealth.com gave this checklist for an economic recovery.
I have been a financial planner for the very wealthy and the not so wealthy, the rich and the poor, the middle class and every other class. I can tell you first hand that there are major differences in the way the wealthy people care for their money, as opposed to the way the less wealthy people do.
