Investing Trends

Are you paying any attention to your retirement savings? Bash you have got it in cash or an account with a broker? Maybe you have got a professional manager who is investing your money as you add to it every month.

Is your account increasing in value every year? If it isn’t wherefore are you letting anyone else put for you? There is no point having a also-ran in charge of your money. You must take the clip to direct what and where you money is invested. Too many people state me they don’t cognize what to do, but if your account have been going down every twelvemonth you would not make any worse then the “expert”.

I love those professional money managers who state you about diversification. You cognize that one. Put some in stocks, some in bonds, some in annuities, and some in a money market account. Did it ever happen to you that the ground they desire you to distribute it around is because they don’t cognize where the best topographic point really is and hope that some portion will do some money? Did your broker or financial contriver boast that he beat out the S&P index last year, but you still lost money because it was down 22%? You are better off to have got it in the mattress at zero percent than ticker it vanish in those monthly statements.

Brokers are not taught to do money or even how to protect your capital. The average broker have got 300 accounts and unless you have a very large sum of money or are an active bargainer he doesn’t even cognize who you are. When was the last clip you spoke with him? Ask him what his investing strategy is.

In the past 3 old age we have got seen the general market (S&P500) lose one 3rd of its value as of this date. And the Nasdaq have lost more than than 60%. Recently the chemical bond market have collapsed and wiped out all the net income of the former 4 years. So much for diversification. The mattress looks better all the time.

The single most of import thing about investment is not to lose money. I’m not joking. It is the basic regulation of all professional bargainers (and I was one when I was a flooring bargainer on the exchange) not to take large losses. You must do that a regulation for yourself. Each hebdomad or at least once each calendar month you must reexamine what is happening in your account and weed out any and all weak pillory and common funds.

You can be certain your broker will not name you to sell out of a weak position. It is your money and no 1 have more than interest in it than you do. You have got to take the clip out to make it yourself. Take a clip out now and do that call.