Every year I go to the Money Show in Orlando, Florida. Thousands attend. It is mostly an older crowd with the youngsters about 40 years of age. I have been saying for years that until you have lost enough money trying to make a fortune you will not become serious about investing. The under 40's are shooting for the moon and it has finally dawned on the over 40's (maybe it's the over 50's) that they must find a better way to get rich.
The Money Show presents a forum of recognized experts in their field. It may be long-term or short term trading. It could be in stocks, bonds, mutual fund, ETFs (Exchange Traded Funds), oil and gas properties, options, commodity futures, managed accounts and other more esoteric venues.
Each one of the "experts" allows you to listen to him speak (at no charge) to tell you how he has found the secret to stock market success and why you should buy his Holy Grail service. You will receive his (daily, weekly, monthly) market letter for the ridiculously low price of from $250 to $5,000 or more. You may not have found the Holy Grail, but he has.
Almost all of them have a "when to buy" method, but very few have a "when to cash in your chips" method and fewer than that will have any way to protect yourself from losing it all should their Holy Grail method turn into Holy Cow.
The Orlando show occurs in February so every expert has his predictions for the coming year. The only bear I found was Martin Weiss, but he wasn't a bull in 1999 either. No one wants to hear dire consequences of a bad year for their stocks so the audience is fed the kind of food they like. Everything is going to be even better this years and with my super software (or newsletter) you will make a better return than ever before.
During the three day show there were 396 individual presentations most of which ran about an hour more or less and then there were the extra charges for having breakfast, lunch, tea, whatever with one of the speakers. And these weren't cheap. You could also sign up for all day seminars. In the Exhibit Hall there was always an expert giving a lecture with a great slide show on how his Grail (I am getting hesitant about calling it Holy) will increase your portfolio.
Many investors came to see the guru whose market letter they were receiving. Very few of these mavens are making anyone rich, but there are some. My question to them is are they putting their own money on the line or are these results hypothetical?
After attending several of these seminars each day with each presenter showing his magic get-rich formula it would seem these folks would go home more confused than when they came. There is no Holy Grail of investing. At least I have not found it nor do I know anyone who has. Do not rely on someone else to make you rich.' You have to do it yourself.
The real Holy Grail translates into two words ? Hard Work.
Al Thomas' book, "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 http://www.mutualfundmagic.com and discover why he's the man that Wall Street does not want you to know.
![]() |
|
![]() |
|
![]() |
|
![]() |
There is an area in Brazil that has lower crime... Read More
A Business Plan, as all good entrepreneurs starting out in... Read More
Many people buy annuities according to their agent's recommendations. However,... Read More
Whether you're a novice investor or an experienced stock picker... Read More
Have you often wished you could have got in on... Read More
A way that investors get ripped off and in a... Read More
Investing in New Zealand might be much easier than investing... Read More
The following perspective on (day) trading comes from my many... Read More
1. How to Treat Gap Openings A gap up or... Read More
It always amazes me how much stock market investors resemble... Read More
We've helped a number of clients develop business plans and... Read More
CATCHING A FALLING KNIFEOne of the most common mistakes made... Read More
Asset allocation is a critical component of investing success. Both... Read More
Pre-1933 Gold Outperforms Today's Gold Bullion...Since 1970, an investment strategy... Read More
As far as traders go, many do not see the... Read More
The Moving Average Convergence Divergence charts, or MACD charts for... Read More
What are Bonds?A bond is a debt security, by which... Read More
When you invest, it simply means that you are putting... Read More
Okay, so I can tell you I have sat in... Read More
A SEP is a special type of IRA. Under a... Read More
Find out everything you need to know about buy to... Read More
I submit that the successful day trader would profit well... Read More
When trying to analyze whether a promotional ad for an... Read More
Let me tell you about some legal ways to avoid... Read More
Denial is a ubiquitous psychological defense mechanism. It involves the... Read More
The world of trading can get very complex because the... Read More
In this "special report", I want to pose a few... Read More
The best way to avoid being hit hard by a... Read More
Do you rule your superannuation or does it rule you?It's... Read More
To understand stock options, we need to look at Webster’s... Read More
How much are you willing to pay for a tank... Read More
For instance, if the market moves up in the first... Read More
Let's start by saying: You can't be afraid to take... Read More
A SEP is a special type of IRA. Under a... Read More
Expectations drive the market. Every stock price is driven by... Read More
Over the long term stocks have provided us with great... Read More
Sometimes you spend sleepless nights worrying about which stocks to... Read More
Everyone knows T Rex was the most fearsome of all... Read More
In the last two decades, even though gold prices have... Read More
Investors are always looking for the best investments that will... Read More
You all know what CYA stands for. Of course, Cover... Read More
Penny stocks and options are high volatility investments that attract... Read More
I'm sitting here at my computer desk with a cup... Read More
Larry, Moe and Curley were sitting in their favorite restaurant... Read More
If you want to retire rich, start saving investing early.... Read More
(Please have a glass of water within reach before reading... Read More
How to Collect Rare Coins For Fun and ProfitTime has... Read More
Ready to start playing with your money? Not interested in... Read More
Its only been about 5 years since we had major... Read More
What CA Needs To Do To Address Issues in FranchisingWe... Read More
We have all heard that slogan that started back when... Read More
A strategic question. Why indeed?1. A penny share would usually... Read More
Rolling is defined in options online trading as moving a... Read More
In this day and age of online brokers for virtually... Read More
All this talk about Investing is encouraging lately. Over the... Read More
One of the leading traders on Chicago Mercantile Exchange, because... Read More
I had the pleasure of being invited on a friend's... Read More
Today, I am going to start a multi-part series about... Read More
There has been much talk lately about Coca-Cola and its... Read More
One of the most common mistakes made by inexperienced investors... Read More
Has your broker ever told you that a stock is... Read More
How many of you out there think that the market... Read More
If you are new to investing online, don't put your... Read More
Need some insight on what you should really be striving... Read More
Firing an employee seems to be easier and easier for... Read More
About 6 years ago I started to notice that certain... Read More
Investing |