Monday, August 23rd, 2010
Dear Friends and Clients,
First of all, Welcome to the many new subscribers to our investment newsletter! We have a teleclass coming up that may be perfectly suited to you!
Secondly, please don’t skip our main article today, as I address the current market situation.
Next Event:
For anyone that has wondered:
How to make money in the stock market?
What do I need to know?
What do successful investors know?
How can I make investing really, really easy?
And finally…What is an investment philosophy?
***FREE*** TELECLASS!
Separating Myths from Truth The Story of Investing Part II
The 7 Habits of Successful Investors
Join our Teleclass~ May 19th, 2010 @ 2:00 PM
Missed part one? A down load for part I is available
on the sign up page!
Mark Your Calendars:
TeleClass
Wednesday, May 19th 2:00 PM
To Register:
Call us at 321-383-4005 or 877-650-3796
Once registered you will receive instructions/directions.
Find out how you can once again have
confidence in your financial future!
Warmest Regards,
Is the Sky Falling…. Again?
Just as I began writing this newsletter, May 6th, the Dow Industrials declined over 400 points, and ended up down around 300 points. We never know what is around the corner; what the markets will do today, tomorrow, next week or next year. We always are reminded of this when the markets take a significant turn down. It’s funny, because when the markets surge up we all seem to take that as normal! We sooth ourselves into believing the markets only go up! Well, in a long period of time, stock markets usually do outperform any other investment. But short-term is a complete unknown, because it is moved by daily events and new situations that cannot be known ahead of time.
This is a reminder that our portfolios are better off being managed for the long-term, and that they be managed for risk, so when the stock markets go down, we have other investments that aren’t, or that are moving up in value. Portfolios need to be managed according to each clients risk tolerance, time horizon, and objectives. Now is also a time that many have a knee jerk reaction to begin moving things around, selling this and buying that. If that is the case, it wasn’t invested properly to begin with. Changing your portfolio in response to short-term moves, like chasing stocks that have already risen and selling stocks that have already fallen, rarely works, and is based in decisions ruled by fear or greed.
When I was a broker with a major brokerage firm, we too, thought activity meant we were doing our jobs, that we were being responsible and attentive to our client’s investments. The clients that have been with me a long, long time remember those days. Many times we turned out alright, but sometimes we didn’t keep up with the markets! What we had just sold went up and what we then bought proceeded to fall.
If you hold the markets, as long as free markets are around, they will rebound. And there is no reason not to believe that. We are in the middle of a re-balancing of business, priorities, and personal values. The excesses are always corrected, in either direction. Those that look pessimistically at the future are missing the excitement of watching with amazement surprising new innovations, new ways to run businesses, and new ways to offer products and services.
Before going to “press” with this newsletter it is revealed that there was some electronic ‘glitches’ happening on the New York Stock
Exchange Thursday that precipitated the deepest fall. They are combing over all the trades and reversing the suspect trades. It behooves them, the exchanges, to conduct an orderly and rational system for buying and selling securities–thus laying a foundation for our financial system to work. Since this is of the utmost importance, it must be corrected so that this system works properly. They know that.
So, once again I am calling on you to connect to that wise side of you that remembers we’ve been here before and we came through it just fine. We’ve recovered handsomely from 2008’s correction. Back up, look at the markets from a distance, without the fear generated by the news.
Posted in Uncategorized
Thursday, April 23rd, 2009
Have you ever noticed that we have a tendency to gravitate towards the negative news, to what is wrong in the world, to lists of complaints? And when we find ourselves in a world of plenty wrong, we ramp it up even more? There has always been plenty wrong, and as I discovered while writing an essay in high school, we seem to forget past pain and remember the good times. So the past seems not quite as bad as the present, perpetually.
Though we’ve had tough times during the last 40 years, we have forgotten much of it, perhaps out of some protective built-in psychological system. I’m not going to list all those times when things were undesirable, that would not be productive.
Have you heard of the movement called, A Complaint Free World? A minister started it a while back and it has grown to the point that almost 6 million people have asked for the purple bracelets to wear to remind themselves to not complain. And now there is a book of the same name. It isn’t religious, just common sense. Our personal world changes in a big way just by focusing on eliminating this one thing. It isn’t easy. Last year Dawn and I wore those purple bracelets for months, trying to make it for the prescribed 20 days.
The way it works: The first step is to become aware of how much you are actually complaining. When you find yourself complaining you move the bracelet to your other wrist. (Or you could use a rubber band) The second step is to prevent yourself from complaining, and try to do it consecutively for 20 days. After that, you have built a habit that will immeasurably improve your life. For more information click on the book below.
So much of our bad moods, grumblings, and sadness is because we are directing our attention to what we don’t want, instead of what we do want. Focusing on what we do want tends to bring more of what we want—things, events and people—into our lives. That’s because we notice what was there all the time. We didn’t see because we were looking for those things we don’t like, finding what offends us, what we fear.
The markets seem to be settling in and building a base. We had a terrific March. Let’s begin looking for the positive signs and good news that is all around us. The great majority of companies out there are run by good, decent Americans. They get no attention, no press. But just watch them.
We are also developing a new seminar for clients and non-clients. We would love to have your feedback on what topics you would like to learn about.
Some possible: Resetting your portfolio
Prosperity Academy (Comprehensive financial health)
Money Map
Tags: complaining, news
Posted in Blog Posts, Uncategorized
