If my new personal blog is proving anything, it’s that this is indeed a GLOBAL crisis, and folks from all over the globe are on my blog weighing in on yesterday’s “Question of the Day!”
So far, we’ve heard from A. Wilkinson, John and others in England … John in Ireland … Johannes and Christiane in Germany … Arthur and Harry in Australia … Gerald in Canada … Lookman from Nigeria … and many other readers from every continent.
Plus, there’s one more thing my blog is demonstrating beyond the shadow of a doubt: Our readers include some of the brightest, most focused investors I’ve ever seen!
Take yesterday, for instance: Our Question of the Day was …
“What knowledge or skills might help you
make better investment choices?”
The #1 answer? Bennie, RM, Arthur, Tony and Lauren all say it’s “knowing how to TIME my investment moves better!”
A. Desrosiers says, “This is a trader’s market, and I find that technical analysis helps. The old buy-and-hold ideas seem dangerous to me.”
Ken agrees: “Getting in and out of issues at the right time. Inevitably I enter at the wrong time, get nervous and pull out before a rebound.”
“Timing,” says Pat, “is EVERYTHING!”
So what does it take to do a better job of buying and selling at the right time?
Bill says it’s all about learning how to trade: “Become well educated in trading techniques designed to make profits in an up and down market,” he says.
Tony says there’s no excuse not to make money in this bear market now that we have ETFs, Forex and other contrarian investments. “All you need, says Tony, “is a signal to confirm a bottom or top of each: Technical plus fundamental study. Simple.”
Steve says learning technical analysis is the answer: “Knowing how to read a chart. Some good basic instructions for using charts would be helpful.”
But many readers say they don’t have the time to learn or apply the technical tools that could help them better time their investment decisions …
Hahl says, “My biggest problem is, I don’t have time. I have to be available 24/7 caring for my clients.”
Kathie agrees: “We just don’t have the time to do all the necessary research.”
And Ian Lewis wants us to help him with the heavy lifting: “I would like a Martin Weiss service where short-term buying and selling opportunities are tracked and recommended.”
Thank you so much for your answers! Rest assured that my entire team and I are already brainstorming ways to help make your investment timing decisions easier and more reliable!
Today’s Question of the Day
Today, I think it would be helpful for all of us to change our focus a bit. Instead of staring at this crisis like deer in the headlights of an on-coming tractor trailer …
Let’s inspire each other by reminding ourselves that with crisis comes opportunity.
So here’s the question I’d like to get your feedback on today …
Do you know, or have you heard,
stories about investors who became rich
when the climate was as serious
or even worse than today’s?
What did THEY do right that so many
investors seem to be doing wrong today?
Thousands of investors all over the world desperately need hope right now. So your thoughts and comments will be warmly welcomed. Just click this link and help them see the silver lining in any crisis.
Good luck and God bless,
Martin
P.S. Once again, you’ve touched me with your posts thanking us for helping you through this challenging time. Here’s one of my favorites from yesterday …
“Back in July 2007, I had my bank’s personal wealth division, my financial advisors, and other so-called professional investment advisers insisting that it was the right time to invest in the market.
“It was only you and your team who cautioned against this timing, it was you and your team who gave me an insight into what was about to unfold.
“And it is due to you and your team that the capital it took me 30 years to make has NOT been decimated by 50%. So I thank you all from the bottom of my heart.”
— I. Lewis, London, England
Thank YOU!
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