It is not your stock broker's job to watch your portfolio. It is your job. Or it is the job of your high dollar investment consultant, who you pay a lot more than a broker.
Strive to outperform the benchmark (in bull and bear markets). YOU DON'T HAVE TO DOUBLE THE MARKET. If the market has returned 1.7% for the week and your portfolio has returned 1.8% you have done your job. If the market has returned -47% for the year and your portfolio has returned -40% you have done a fantastic job!
IT'S WORKED FOR SEVENTY + YEARS (the market)! Have you? Or do you know anything else that has?
Never be afraid to take a gain (even if you could have done sooo muuch better).
visit my web site here.
Showing posts with label gains. Show all posts
Showing posts with label gains. Show all posts
Monday, June 1, 2009
Friday, May 15, 2009
Out of the Pool Please
Looks like the NASDAQ is going to end 9 or 10 straight weeks of gains. The Dow is going to have it's second losing week in the same time span. SELL ALL GROWTH STOCKS! (That means non-dividend payers.) Good gains are over until November.
visit my web site here.
visit my web site here.
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