I have been told the feedback from “The MoneyTalks Allstar Trading Super Summit” in Vancouver on October 24 was excellent and my presentation very popular.
A the video of the conference is now available for purchase. A special promotion code has been created for VRtrader.com clients. Using this code you can get a 50% discount on the $117 price. The StockScores promotion code is – S2009ML
Folks just go to www.moneytalks.net , Click on the Banner box titled “The MoneyTalks Allstar Trading Super Summit Video“. This will take them to the shopping cart where the process is pretty straightforward.
Make sure to enter my promotion code and Click GET DISCOUNT
Enjoy!
GOLD and METALS – ACTION ALERT (morning Nov 6th)
Precious metals struggled yesterday, as a stronger dollar encouraged profit taking. Gold was down 2.40 at 1089.50. Silver was down .05 at 17.29, platinum was down 10.00 at 1355.00 and palladium was up 1.00 at 329.00. Technically, Gold should retrace back to 1071. Big support is way under the market at 1025. Shares have been diverging negatively, i.e., not posting new highs along with the underlying metal. We’ve already seen Gold move rally despite a rally in the US Dollar, but I suspect a significant bounce in the Dollar (e.g., into the low 80s) would still have a negative impact.
Bottom line: I see the divergences and the potential negatives, but I remain on my ‘Buy’ signal as momentum and basic trend analysis clearly shows a bull market.
Investing Goals And Expectations
A well-known stock market expert once said “There may be as many different investment goals as there are investors”. In fact, that is one of the most difficult obstacles for inexperienced traders to overcome when they begin to invest.
Most experts say that a combination of investments will provide the best balance of risk and reward in a long-term portfolio. A diverse group of ‘buy and hold’ issues is a good foundation for any novice investor and a qualifying retirement account can help defer taxes. Those who need current income can choose from a vast number of dividend paying securities, many of which also have an excellent record of share price growth. Investors who choose to avoid certain types of business activity (based on ethical or financial principles) can still find numerous value-based stocks that meet their investment objectives. Those who wish to achieve the same performance as an industry or sector can purchase mutual funds and diamonds that mirror a specific group of stocks. More aggressive traders can apply value investing principles to blue chip issues; buying stocks that are undervalued and selling those that are overvalued. As a portfolio matures, investors can also diversify into bonds or treasury instruments to benefit from market and interest rates fluctuations.
While strategy is important, it is also imperative to approach investment activities with the right attitude and expectations. Trying to achieve too much from a portfolio can put the account in the red quickly (greed can lead to terrible decisions), and accepting returns that barely surpass current inflation rates will prevent a portfolio from growing. While most investors who make the effort to learn about the stock market are not satisfied to achieve the same return as the Dow or the S&P 500, others will actively seek mediocrity. Just look at the number of index funds that are sold to investors who then are relegated to losing what the market loses and gaining no more than what the market gains.
So how do you determine a reasonable expectation? Most investors who participate in historically profitable strategies will easily average 15%-20% return on an annual basis. In the long-term, 10% a year is the typical return for broad market stocks in general. In comparison to a rigid investing plan, the Dow’s performance is just what it’s described as; average, and yet Warren Buffett made his fortune (Berkshire Hathaway is worth over a billion dollars), by focusing on a mere 15% annual return on assets. His primary goal however, was to maintain a substantial margin of safety in all of the portfolio’s holdings.
Charles Dow may have said it best, “The man who is prudent and careful in carrying on a store, factory or real estate business seems to think that totally different methods should be employed in dealing with stocks. Nothing could be further from the truth.”
Marks VRTrader Silver Newletter covers Stock, TSE Stocks, Bonds, Gold, Base Metals, Uranium, Oil and the US Dollar.
More kudos – Mark Leibovit was named the #1 Intermediate Market Timer for the 10 year period ending in 2007; the #1 Intermediate Market Timer for the 3 year period ending in 2007; the #1 Intermediate Market Timer for the 8 year period ending in 2007; and the #8 Intermediate Market Timer for the 5 year period ending in 2007. NO OTHER ANALYST SURVEYED APPEARED IN ALL FOUR CATEGORIES FOR INTERMEDIATE MARKET TIMING AS PUBLISHED IN TIMER DIGEST JANUARY 28, 2008!
For a trial Subscription of The VR Silver Newsletter covering Stocks, Bonds, Gold, US Dollar, Oil CLICK HERE
The VR Gold Letter is available to Platinum subscribers for only an additional $20 per month, while for Silver subscribers the price is only an additional $70.00 per month. Prices are going up very shortl, so act now! Separately, the VR Gold Letter retails for $1500 a year! The VR Gold Letter is published WEEKLY. It is 10 to 16 pages jam-packed with commentary and charts. Please call or email us right away. Tel: 928-282-1275. Email: mark.vrtrader@gmail.com .