Now where have I heard that before? I know. It was my broker.
So I took his advice and bought some of the stocks he recommended. I am still waiting for the 'sell high' part of the equation. Everything he touted went up for a while and now it is lower than when I bought it. It is so low I can't bring myself to sell it. My capital has shrunk about 60% from where I started. That's a lot of money to me because it took a long time to save it. What happened?
The brokerage company that your broker works for puts out recommendations almost very week for various companies listed on the major stock exchanges. They have simple things like Buy or Strong Buy. Then they have a complex group of words used when they downgrade a stock. It never goes from Buy to Sell. No Cam Talbot Jersey , it becomes Accumulate, Underperform, Attractive Matthew Tkachuk Jersey , Market Perform, Neutral or some other meaningless term. If any stock is ever downgraded even one notch sell it immediately. Finally after a stock has lost 50% or more of its value it becomes a 'Hold". And you know where you are holding it.
Last year the brokerage companies gave over 33,000 stock recommendations to their customers. Of those only 125 were Sell. On the NASDAQ exchange alone there were over 1 James Neal Jersey ,000 stocks that lost more than 90% of their value. The "experts", known as analysts, were all telling you to buy. Your kid could have thrown a dart at the Wall Street Journal in 1999 and done as good a job as almost any analyst. What I want to know (and I think you do too) is if they were smart enough to tell you to buy then why weren't they able to tell you to sell?
I'll tell you why. Brokerage companies never give sell signals because they don't want to offend a company that might come out with a public offering on which they will make a killing. It is better to kill a few customers than miss out on several million dollars. You pay commission and ask for honest advice Johnny Gaudreau Jersey , but you are being fed disinformation.
Is there any way you can protect yourself from this nonsense? Yes! It is called a stop-loss order. Brokers don't like them because then they have to watch your account. He will tell you you don't need it as he will watch your account. And pigs can fly. The average broker has 300 accounts and unless you have a large 6-figure account you will be on the bottom of the pile.
Anyone can place a protective open stop-loss order for stocks. Most are about 8% to 15% below the highest closing price. I recommend that each Saturday morning you look in the paper for the Friday closing price of your stock and place your open stop each Monday morning with the broker. As your stock moves up keep raising the stop and you will sell near the high. Never lower it. This will lock in your profit or take you out of a losing position. I can assure you your broker will never call you to sell. Brokers are not taught to protect your capital.
This is the only way to buy low, sell high, protect your capital and lock in your profits.
Al Thomas' book Calgary Flames Jerseys , "If It Doesn't Go Up, Don't Buy It!" has helped thousands of people make money and keep their profits with his simple 2-step method. Read the first chapter at and discover why he's the man that Wall Street does not want you to know.
Copyright 2005
al@ ; 1-888-345-7870 Garage Heaters: Features to Look for Posted by AldoMoore on November 12th, 2014
Garage is the place one spends a lot of time during summer. In winter Michael Frolik Flames Jersey , it may even get locked. This does not have to be the situation all the time; just buy a garage heater. Truly, the choices are vast. Do your own research on garage heaters and gather as much information as possible. Go for the one which allows you to enjoy a warm winter without creating holes in your pocket.
Choosing one
The industry presents a wide array of options before someone shopping for a garage heater. You are going to face a tough time even if you may be a well-informed consumer. Check for the following features when making a choice.
Gas or electric - When shopping for a heater, you are offered two options; gas and electric. Understand the benefits and drawbacks of both and opt for the one you feel would work best for you. If your choice falls on an electric appliance Noah Hanifin Flames Jersey , you don’t have to worry about ventilation. The same is a must for an electricity-fuelled appliance; breathing propane is harmful for your body. If affordability and the ability to heat a large area is what you want, going for a gas unit is highly recommended.
The range of heat - This is in fact the first concern you have to address when shopping for the same. Read the labeling of the unit; the heat range would be given as squire feet. There are numerous websites allowing you to calculate the heat range if math is something you are not good at. The height of the ceiling, the size Elias Lindholm Flames Jersey , the way the room is insulated and numerous other factors too come to play when making a choice.
Features to ensure utmost safety - Safety is a concern one has to address in all fields. Most of the renowned manufacturers come up with great features to ensure maximum safety in the environment an appliance is used. The same applies to space heaters. Finger-proof intakes and automatic shut-off are just a few to mention among them. When shopping for a heating unit, make sure that your choice model is equipped with the safety arrangements required to be used in a family.
Natural gas heaters
For a homeowner with a tight budget, a natural gas garage heater may be the best choice. Here Travis Hamonic Flames Jersey , gas flows into the heater through a valve from your natural gas supply pipeline. A flame increases the heat and warms up the air. This air gets circulated through a fan. It c