It’s been said that trading is the hardest way to make easy money. And after more than two decades in the markets, I wholeheartedly agree. The vast majority of investment advisors, brokers and portfolio managers concentrate nearly all of their efforts on what to buy. They do extensive research and create compelling narratives describing why this or that stock is an excellent choice to own. Picking the right investment vehicle is certainly an important part of the process. What goes into your portfolio is absolutely critical for success; poor prospects lead to poor results. #-ad_banner-#Personally, I rely on a proprietary… Read More
It’s been said that trading is the hardest way to make easy money. And after more than two decades in the markets, I wholeheartedly agree. The vast majority of investment advisors, brokers and portfolio managers concentrate nearly all of their efforts on what to buy. They do extensive research and create compelling narratives describing why this or that stock is an excellent choice to own. Picking the right investment vehicle is certainly an important part of the process. What goes into your portfolio is absolutely critical for success; poor prospects lead to poor results. #-ad_banner-#Personally, I rely on a proprietary indicator called the Alpha Score to find the best stocks to own. It delivered 16 double-digit winners last year — despite the deteriorating market in the second half of 2015. (You can learn how it did that here.) But picking the right time to buy is only part of the process. You also have to know the right time to sell. I’m not the only one who thinks this, either. While very few newsletters or investing services discuss the importance of selling, it’s a popular topic among many of the best investors and traders on the… Read More