Bob O'Brien
Head Instructor
bobrien@mywealth.com
The 10 year return on stocks has been flat, and many family's retirement and college savings have suffered severely because of this! Is this new? Or is it just in line with the longer term trends of the stock market?
Question of the Week!
(Don’t miss this….Chance to Win a Free Currency Course Bundle by Emailing Me Your Answer. 3 Names will be Randomly Picked and named as winners. So here's your question: It took about 24 years for the Dow Jones to recover after the 1929 pre crash high. How long do you think it will take the market to recover from this crash A) 5 years B) 10 years C) 15 years D) 20 years
The fact of the matter is that it took the stock market 24 years to recover from the 1929 crash, and good and bad stock markets trends tend to last in the area of 20 years! This is a chart of the last 100 years of the stock market.
Most people born in the last 50 years have become accustomed to a lie about the stock market and the how to invest in it!
Here are the 3 biggest myths passed onto the people in regards to the stock market.
1. Buy stocks for the long term and you can’t go wrong! Stocks have done well over many 20 year periods, but the big booms lead to big busts. Identifying when the fundamentals are out of whack and market trends is not as complicated as most people think!
2. Buy and Hold! Having patience with an investment is fine, but never turn your back to a market, sector, or company! Good investors are always engaged and never become excessively optimistic! They also never buy stocks and go to sleep!
3. Market timing is impossible! No doubt this is can be difficult, and timing the market perfectly all the time is impossible, but picking optimal exit and entry points is not as complicated as people think. Understanding theories and making informed decisions is a must in order to move forward financially!
We are here to help, we offer very affordable online courses in which we help you understand markets at a much higher level, and will keep you from being burned ever again!
Our investing course will give you a better understanding of the stocks and bond markets, our currency course will help you have better understanding of the global economy which is a must for this market.
Sincerely,
Bob O’Brien
Sr. Instructor
