The stock market hasn't made new highs in over 10 years with these secular bear markets sometimes lasting more than 20 years.
Austin, TX. (PRWEB) March 10, 2012
The worst day of an investor's life is usually the day they open up their 401k/IRA account and realize they lost 20% of their retirement money in the last 30 days, the article in today’s Absolute Wealth newsletter reveals. Many times this happens to investors in their 50's, the newsletter goes on to say, after years of hard labor and prudent saving. Their stock market investments, the newsletter explains, which they thought would be safe, turn out to be a cruel joke.
People that are buy and hold investors, the Absolute Wealth newsletter article says experienced this, because it is what happened in August and September of last year. The newsletter adds, it turns out buy and hold might just be the worst possible strategy for most people, because it's just too volatile. The Absolute Wealth newsletter goes on to say that the worst part about just buying and holding the stock market, is when the market puts in a nice rally - and then dashes hopes by tumbling back to old levels. This has happened over and over again for the last decade, the article in today’s Absolute Wealth newsletter explains.
The Stock Market is in a secular bear market, Mike reveals in the Absolute Wealth newsletter article, which means the stock market hasn't made new highs in over 10 years with these secular bear markets sometimes lasting more than 20 years. The article published today explains that to combat the devastation caused by bear markets, people need a way they can avoid the bad times, and hop into the market during the good times.
Positive Momentum Trading is a way to accomplish this, Mike explains in his article published today by the Absolute Wealth newsletter. The Absolute Wealth newsletter explains that well known markets that are going up, tend to continue going up. Researchers are saying momentum is a little known "4th factor" of stock returns, the newsletter adds. Momentum trading takes advantage of this fact, the newsletter goes on to say, so find the best performing assets over the last several months and then follow these assets.