Investing Like A Pro
Free Investment Information, Articles!
Better Sales Article:
CYA
You all know what CYA stands for. Of course,Cover Your Assets.
And everyone does it. You have protection againstlosing your car in an accident. You haveprotection against being sued from that caraccident. You have locks on the doors to your hometo protect against theft and personal injury.Question. Do you have a lock to protect from lossin your retirement portfolio?
Bet you didn't even know there is one. You surearen't going to hear about it from your stockbroker or financial planner. If there is such athing why hasn't he told me? Maybe it is becauseit is too expensive.
No, there is no charge for this type of protectionand your brokerage company will do it. It is free.Then why don't brokers and financial plannersprovide this as part of their service? The simpleanswer is it is too much work. If you decide touse the service they will then have to watch youraccount.
Oh, did he say he was going to watch your account?Unless your account in seven figures or close toit you do not appear on his radar screen. Theaverage broker has 300 accounts. Could you watchwhat is going on in each one if you had his job?It is not possible so there must be a way toprotect your money. Yes, and it is automatic.When your stocks are going up and you are makingmoney you don't want to give back those profits,do you? Of course not. There is a simple methodknown to every broker and financial planner, butyou must insist it is done - or you will transferyour account to someone who will. Money talks andhe will understand that.
First you must determine what your risk level is.Are you willing to give back 5, 10, 15% of theprice of your stock when it starts down? If yousay 10% then each week tell your broker you wantan Open Stop Loss Order placed on the closingprice of each Friday (or Monday , Tuesday,whatever) as it moves higher and not to reducethat price.
This way he does not have to watch all thedifferent stocks you have in your portfolio andyou are protected against any big losses. He maynot even want to do this and ask you to placethose orders which you can easily do on theInternet.
Instead of trying to figure out where or when tosell your equity you let the price action of yourstock tell you when it is getting weak. There aremany ways of placing Stop Loss Orders and you maywish to use another method. Many can be found byusing a search on Google by typing in the words"stop loss orders". Your library should have bookson the subject.
For a person who is working or cannot take thetime to follow the market this is the best way toprotect your investments. Consider it a lock onyour profits. Go back and see how this would haveworked if you had done it for the past 5 years.You would be money ahead.
CYA - cover your assets.
Al Thomas' book, "If It Doesn't Go Up, Don't BuyIt!" has helped thousands of people make money andkeep their profits with his simple 2-step method.Read the first chapter at http://www.mutualfundmagic.comand discover why he's the man that Wall Street does not want you to know. Copyright 2005
Related Investing News and Articles From ezinearticles.com
The forex (foreign currency exchange) market is the largest and most liquid financial market in the world. The forex market unlike stock markets is an over-the-counter market with no central exchange and clearing house where orders are matched. Traditionally forex trading has not been popular with retail traders/investors (traders takes shorter term positions than investors) because forex market was only opened to Hedge Funds and was not accessible to retail traders like us.
Have you ever thought about playing the stock market? Many of us dream of hitting it big by investing $100 and earning $100,000 within a few years. But the system doesn't work that fast.
The 1935 Silver Certificate is one of the most popular notes among currency collectors. The history of these fascinating bills extends back to the 1800's. It was the Congressional Acts of 1878 and 1886 that authorized the printing of Silver Certificates - for a very specific reason.
If you have been following the news then you probably know that we are in an economic crisis of global proportions. Banks are collapsing, the housing market is in a bad way, and the economy is in a bad state.
You have $1 million that you want to invest, but you're not quite sure how you're going to do that. You don't want to lose everything, but you really want that money to grow. You want that $1 million to turn into $2 million and so on.
You Can Own This Website!
This website is an example of a new product called article site manager developed especially for people who wish to own Adsense sites or sites to promote their own websites and products but do not have the technical ability to own or maintain a website.
Details about this site and other article sites in different categories can be found at the link below. Prices start at $259 for a complete website like this!
Related Investing Articles:
The cries are heard from the distance, "I need help with my annuities." Nothing has changed...just a lonely senior who can't trust anybody with her annuity because every time she asks for advice, someone tries to make her invest in a different annuity...Sound familiar? Well you are not alone.
Let's face it, you're on a roll. After getting down to your attorney's office to sign the new Living Trust and then diligently tracking down your assets to fund the trust, you should be congratulated. You're one of the responsible ones - 70% of the people who die each year in the United States haven't even bothered to get a will. Frankly, you're an inspiration to us all. But to seal the nomination for the financial Oscars, a little work on your investments could go a long way.
Chinas Great Missed Opportunity
While a U.S. Representative to the Asian Development Bank Executive Board of Directors during the first Bush Administration, I consistently called for China to "bite the bullet" and privatize its state-owned companies as soon as possible. Representatives from European and other Asian countries would just shake their heads and mutter about impatient Americans while counseling that China adopt a slow, incremental approach to privatization.
Critical Investors Business Daily Responsibilities - If not Followed Could Cost You Millions!
When thinking about the investors business daily responsibilities in today’s market environment, the best remedy for this situation is for you to get more involved in your own investing decisions.
You've probably heard about people who keep their money offshore. Most likely you assume they're all wealthy businessmen; millionaires, who have so much money they somehow 'qualify' to move it out of the country, right? Wrong! Offshore banking can be a benefit for anybody regardless of income.