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You can be on your way to
doubling your money in 3 years by trading Mutual Funds and
Exchange Traded Funds (ETFs) rather than individual stocks.
DIVERSIFICATION
The most important reason is the diversification that Mutual
Funds and Exchange Traded Funds (ETF) provide. With an individual
stock you are exposed to the possibility that one of your
stocks could get hit by bad news and plummet in price. It
takes a long time to recover from one of these massive hits.
PROFESSIONAL MANAGEMENT
Skilled Mutual Funds managers spend every day determining
which stocks to buy and sell. These managers companies have
teams that examine quarterly and annual reports, interview
Company executives; visit factories and review market share
trends to get know the companies on a comprehensive basis,
and avoid buying stocks when they are over-bought from a technical
standpoint. There is no way an individual investor can compete
with this level of sophistication.
ECONOMIES OF SCALE
Mutual Funds are able to take advantage of their buying and
selling size to reduce transaction costs. This means a savings
for the individual mutual fund investors enabling the individual
investor to diversify without paying numerous commission charges
involved in buying 15 to 20 individual stocks needed for diversification.
DIVISIBILITY
If someone only has $500 or $1,000 to invest, it is often
insufficient to purchase an individual stock, especially after
deducting commissions. Investors can buy mutual funds or add
to their existing mutual fund holdings with a very small investment
to keep their money working for them. With mutual funds, investors
can hold fractional amounts as well.
GETTING STARTED
I invest my own money in every one of my Mutual Fund and Exchange
Traded Funds trading systems. I subscribe to several advisory
services to keep my universe of possible investments up to
date. I utilize four different pieces of technical analysis
software to determine which funds to buy, when to buy, and
when it is time to sell.
I employ a strict stop loss and profit-protect
methodology to keep my losses small and let my profits run.
My approach is biased to the conservative side. I want to
constantly upgrade my various mutual fund holdings so that
I am holding the best mutual funds available.
Whenever I plan to buy or sell one of my
holdings, I send my subscribers an email telling them exactly
what I am doing, why I am doing it, and when I am plan to
make the trades. I do the work so you don't have to. And,
importantly, it will take you less than 30 minutes per month
to make the trades with your on-line broker. You too can join
me and my fellow investors and double your money in the next
3 years.
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