| |
| |
|
Stocks & Mutual Funds Information |
|
|
|
Whos Calling?
Its dinnertime and the phone rings. It's Joe Noname with SuchNSuch Investment Company and has he got a deal for you. Joe wants to be friendly and engage you in a few not-too-personal questions just to break the ice before he gets into his too-good-too-be-true pitch. Stock, oil, Internet, telecommunications, you name it. Joe tells you about his company's credentials and how they are "affiliated" with some big New York bank or investment house - a name that everyone knows and trusts. And Joe also wants you to know how experienced he is and he came from a big, well-known brokerage house because this deal was too good to pass up and he wanted everyone to know about it. He has even bought shares in it himself. And pigs can fly! He carefully mixes truth with unsubstantiated material, which appears to be fact. His company is registered (probably true) and approved by the Securities and Exchange Commission (lie, they don't approve of any company) and is affiliated with AT&T or Bill Gates (a lie, but very hard to check out). He interweaves little lies and big ones so it all sounds credible. This investment is so good it is underwritten by the big brokerage house Morgan Stanley and guaranteed by MCI or some other big name. Furthermore, we guarantee your investment because you are paid first before any dividends are paid to any other shareholder. This is a "no-risk" investment. The last time our company had one of the high quality investments all the investors made 500% on their money in less than 18 months. Isn't that great! I wish I had some of the first offering; I'd be rich now. Joe will probably quote you some stock offering like Yahoo or Intel that did make this kind of return or even more, but you can be assured this company had nothing to do with it. "Mr. Mushroom, don't miss out on this as there are only a limited number of shares my company is allowing me to offer. How much cash do you have you would like to make 500% on at this time? $5,000. I'll tell you what I'll do, I'll reserve a thousand shares for you and give you the option to pick up another 10,000 shares any time in the next 30 days provided you can wire in the first $5,000 immediately." Be careful of any offer where they must have the cash now, immediately, before yesterday. Or Joe is going to send you papers via FedX and you must return them immediately. And always kiss your money goodbye before you send it because that is the last time you will ever see it. Ask for their address. If it is a P.O. box you know it is a scam. Whatever he tells you make sure it is not one of those mailbox businesses. Joe is either in a boiler room or calling you from home. Get his office phone number and home number. Ask him where he got your name. In a nutshell here is what you want to listen for: The return is illogical (too good), his credentials are uncheckable, the names he drops are almost impossible to verify, it is a "no-risk" deal, they won't give you time to check them out (FedX) and you really don't know where they are located. When Joe Noname calls I am polite and firm and just, very quickly, even before he gets into his pitch, say, "Thanks for the call, Joe, but I'm not interested" and I immediately hang up. Joe prefers this also because now he can go on to the next sucker. Please, don't ever send money to a voice on the phone. Al Thomas' book, "If It Doesn't Go Up, Don't BuyIt!" has helped thousands of people make moneyand keep their profits with his simple 2-stepmethod. Read the first chapter athttp://www.mutualfundmagic.com and discover why he's the man that Wall Streetdoes not want you to know. 1-888-345-7870; al@mutualfundstrategy.com
MORE RESOURCES:
Google News |
|
|
|
RELATED ARTICLES
Bargain Basement - Finding Stocks That Go Up Have you been listening to the talking heads on CNBC-TV? Or those talk radio stock experts? Getting all those good recommendations on what to buy now. Now?Those guys keep telling me the market is oversold. How Much Information Do You Need? You have decided to buy some stock or mutual funds, but wonder which one to buy. You need more information so you call your broker for advice. The Club Yesterday I received my monthly issue of MONEY magazine. This issue has the special feature called "The Ultimate Investment Club" that highlights their picks for the top mutual fund managers. No Load Mutual Funds: Boost Your Portfolios Returns Investors who exclusively use broadly diversified, no load mutual funds for their stock investments often lose out on opportunities to increase the reward potential of their portfolios. This article looks at two methods investors may use to enhance the performance of their portfolio of diversifed, no load mutual funds. Expense Ratios Mutual funds and brokers are always preaching not to buy any fund with a high expense ratio. That is the annual costs of the fund to pay for trading of stocks within their portfolio, salaries, rent, telephone, analysts, etc. Roller Coaster I love roller coasters. The steeper the better. Where Is The Rabbit? We need a rabbit!This was a pretty horrible week for the market with two 100-point days and Friday closing on the lows.During these past few days Sir Alan told us things are looking up and the economy is basically strong. Why Is The Macedonian Stock Exchange Unsuccessful? The Macedonian Stock Exchange (MSE) is not operating successfully. True, some of the parameters which we use to measure the success of a stock exchange have lately improved in the MSE. Shorting Stocks - The Basics, Part II of II After the publication of the first part of this two part series, I had a few questions asking if shorting stocks is legal and I will quickly reply with a big YES. Some people believe that shorting shares of American companies is not patriotic or does not seem like the right thing to do. The Stock Market is a Roller Coaster: Prepare for the Ups and Downs IT'S REMINISCENT OF THE OLD children's tale about an old Chinese farmer who tells his friends his story, and they enjoin with "That's good" or "That's bad" on alternating lines:Farmer: My horse ran away.Friends: That's bad. Investment Capital Gains Have you bought any mutual funds this year or late last year while the market was doing its skyrocket thing? Last year it was hard to lose money. This year it has been easy. Stock Market Investing: Knowing When (and when not) to Sell One of the greatest challenges of investing in stocks is developing a "sell discipline". Some of the most adept investors struggle with the decision of when to sell. Dividends When is a dividend not a dividend?The latest thing "conservative" brokers are preaching these days is to buy stocks that pay dividends. Everyone likes dividends. Different Types of Mutual Funds This is a guide to the different types of mutual funds. When it comes to investing in mutual funds, investors have literally thousands of choices. Mindset In 1960 an engineer working for a watch company in Switzerland discovered that a small crystal would vibrate at a constant rate. He found this was so accurate that it could be used to calibrate time so he took it to company management and said it would make an entirely new kind of watch that had no springs and no gears. Parachute Investing Ever jumped out of an airplane? It's OK ifyou have on a parachute. Pretty dumb if you don't. Picking Mutual Funds to Outperform the Market With over 6,000 mutual funds available, it may be tempting to pick funds from a popular star or index rating system. Savvy investors, however, balance multiple factors in their selection process. Option Trading Basics Options trading can increase the profits you make when trading Stocks if you understand how to use them and know what you are doing. Options can be a very useful tool that the average investor can use to enhance their returns. Keep Your Profits It looks like we have now entered a new bull phase in the stock market and I have a question for you. Will you give back the profits that you make this time as you did in 2000? You sure don't want to, but you are not going to get any help from your broker. Stock Insurance You have a lock on your house. You have a lock on your car.
|
| home | site map |
| © 2006 |
