I started ProtectMyRetirementAccount.com because buy & hold stock investing just doesn’t work anymore. Over the past ten years, buy & hold investors have been through two of the worst stock market crashes in history and have seen their retirement savings and their retirement dreams disappear - even investors who were very well diversified.
The Woodlands, TX (PRWEB) March 8, 2010
In the ProtectMyRetirementAccount.com blog entry back on March 21st, 2009 entitled "Forming a Sustainable Bottom", CEO & Chief Technical Analyst, Joseph Soltra, wrote "… our proprietary PMRA Market Bottom Indicator is currently showing a large positive divergence with the S&P 500 Index indicating that the overall market for stocks is definitely gaining strength. It is just a matter of time before the demand for stocks will begin to drive prices higher, causing the Dow Jones Industrial Average and the other major market indexes to rise once again over the long term." Today, the Dow Jones Industrial Average is up more than 42% from that point.
Here is a link to the ProtectMyRetirementAccount.com blog so you can check it out for yourself: http://protectmyretirementaccount.com/blog/?m=200903.
“What sets us apart from our competition is that we focus strictly on the long-term trend of the stock market. Because of this, we are able identify major stock market turning points with a very high degree of accuracy,” says Mr. Soltra.
Mr. Soltra continued, “I started ProtectMyRetirementAccount.com because buy & hold stock investing just doesn’t work anymore. Over the past ten years, buy & hold investors have been through two of the worst stock market crashes in history and have seen their retirement savings and their retirement dreams disappear - even investors who were very well diversified.”
Lily Rodriguez, who has been a subscriber to the PMRA service since August, 2009 says, "After losing so much money in my retirement account before deciding to put my savings in a money-market mutual fund, I thought I would never invest in stocks again. Since I subscribed to your service, I'm now invested in stocks at the right time. Thank you!"
Mr. Soltra went on to say, “In these volatile financial times, diversification is simply not enough. Investors facing retirement who are looking to preserve capital as well as enjoy significant returns are recognizing the extreme risks involved with traditional buy & hold stock investing."
The Woodlands, TX-area http://www.ProtectMyRetirementAccount.com helps investors protect their retirement savings from major stock market declines by advising them when to be invested in stock based mutual funds and when to be invested in cash equivalents such as money-market mutual funds or stable value mutual funds. ProtectMyRetirementAccount.com also publishes the PMRA Weekly Market Update newsletter, every Friday evening, which allows subscribers to remain up-to-date with current stock market conditions.
Joseph Soltra, CEO & Chief Technical Analyst
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