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DISCOVER THE FOUNDATION OF RETIRING WEALTHY…THE IRA!
Let me tell you about some legal ways to avoid getting taxed on profits from the stock market. You can make a lot of money now with the stock market as low as it is at this time as I teach you in my home study course. The very best way is to buy...
Exchange Traded Funds Are Good for Investors
Exchange Traded Funds (ETFs) are growing. Investors are choosing low annual expense and market return over high annual expense and promised performance.
Total ETF inflow is growing faster than Mutual Fund inflow. ETF inflow grew from $42.5...
It’s Stocks, Not Markets, that Bring Investment Success
It’s Stocks, Not Markets, that Bring Investment Success by Gabriel Nijmeh If you are fairly new to investing and looking for some guidance or if you are seasoned investor, let me introduce you to NAIC. National Association of Investors Corporation...
The Cost of Green Eggs and Ham
Young readers know that March 4th is the birthday of Dr. Seuss. Many parents trip their tongues over Seuss stories like "Green Eggs and Ham". "Do you like green eggs and ham?/I do not like them, Sam-I-am./I do not like green eggs and ham"....
The Shadow
The Shadow knows. There used to be a radio program called The Shadow where the hero, Lamont Cranston, the Shadow, would overcome the shadowy forces of doom by clouding the vision of those around him. “Who knows what evil lurks in the hearts of...
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Buy, Sell or Hold?
What should I do? My investments are down and I don't know what to do?
Should I be buying now, selling or waiting the market out? What are the
successful investors doing? Here's a few ideas that could fatten your
portfolio and give you a greater level of confidence.
1. Stop looking daily at the stock tables and mutual fund quotes. Take
the long-term approach and don't worry about the day-to-day activities
of your funds. A buy and hold investor doesn't worry about the short-
term fluctuations of the market. They ignore the daily market reports
and news headlines.
2. Think about when you will need your investment funds. If you've got
a long time before you need the money, you'll be able to sit tight
through a long bear market.
3. Remember to look at the statistics and past history of the stock
market. Over the past 75 years the worst 30-year stretch for stocks was
the 3 decades through August 1959. According to Chicago's Ibbotson
Associates, stocks climbed 7.8% a year, enough to turn $10,000 into
$95,000.
4. Consider increasing the amount you invest. At today's depressed
stock prices you can get more shares for your money. Think of it as a
sale on stocks.
5. The future is uncertain and no one know which sectors might lead the
way next. To ensure that you get a piece of the action, diversify.
Diversifying also cushions the effect of
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downturns that affect just one
market segment.
6. If you've been thinking about converting your individual retirement
account to a ROTH IRA, now might be a good time to convert, as taxes
should be smaller because of the market decline. What's the advantage
of converting to a ROTH IRA? Once retired, all the money withdrawn from
the ROTH will be tax-free.
7. Spend some time assessing your investment portfolio. What is your
risk tolerance? Are you willing to exchange higher returns for greater
fluctuations? If you do decide to sell off part of your holdings
because it is no longer appropriate for you, do so because you have a
good reason, not because the market is down.
Timing the market and chasing after hot stocks seldom works. Most
people end up buying high and selling low with this thought process.
Once again, think long-term and your successes will be greater.
Remember, many people may be selling now, but for every share sold,
someone is buying. So who's smarter, the ones buying or the ones
selling?
You decide!
About the Author
Doris Dobkins, Money Saving Expert
Author of "Financial Freedom A-Z Home Study Course"
and publisher of the free weekly ezine $mart Money New$
To subscribe, send an email by clicking on this link -->
mailto:join-smart_money_news@nova.sparklist.com
or sign up at her web site: http://www.creativefinances.com
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