The market is bouncing up and down like Marqeus Haynes dribbled a basketball. Are stop losses necessary? Investors are edgy. Money and Markets reports – “Alarming Survey: Record Number of Fund Managers More Bearish than 08 Crisis”. “…. Bank of America’s monthly survey…is warning investors to take caution and heed the market’s warning signs. …investors managing about $646 billion in assets completed the survey, and a record 85 percent of respondents said the global economy is “late-cycle”. Can you time the market? Everyone wants to buy at the low point… Read More
The market is bouncing up and down like Marqeus Haynes dribbled a basketball. Are stop losses necessary? Investors are edgy. Money and Markets reports – “Alarming Survey: Record Number of Fund Managers More Bearish than 08 Crisis”. “…. Bank of America’s monthly survey…is warning investors to take caution and heed the market’s warning signs. …investors managing about $646 billion in assets completed the survey, and a record 85 percent of respondents said the global economy is “late-cycle”. Can you time the market? Everyone wants to buy at the low point and exit at the top. If you do, you are lucky! During the tech boom my broker and I both bought a high-flying stock. We watched it double twice. It hit $100; we were sitting on nice gains. Suddenly it dropped to $80. We talked about getting out – but decided to hang on. We were rewarded; it went back to $100. It did it again – then it hit $75. —Recommended Link— Your Personal Paycheck Plan One simple strategy is helping folks enjoy retirement more. In fact, the $2,194 Annie from Nevada makes with this method covers all… Read More