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.
![]() Google News Updated : Tue, 30 Sep 2008 20:38:53 GMT Gallardo ready for Game 1 pressure - MLB.com
MLB.com - By Joe Frisaro / MLB.com PHILADELPHIA -- For a 22-year-old who appeared in just four games this season, Brewers right-hander Yovani Gallardo certainly endured a great deal. NL Division Series Breakdown - Milwaukee vs. Philadelphia Brewers Will Open With 22-Year-Old Starter Publ.Date : Tue, 30 Sep 2008 20:05:12 GMT Sentiment against the rich, Wall Street, CEOs still a major hurdle ... - Bizjournals.com
Bizjournals.com - Underlying public distrust of the wealthy -- along with Wall Street and Washington -- and the perception the $700 billion mortgage bailout will help big banks and rich CEOs continues to be the main stumbling block and minefield for passage of a rescue ... Michigan Rep. Miller demands that certain accounting practices be ... Reporter's Notebook: Meltdown Publ.Date : Tue, 30 Sep 2008 19:32:24 GMT Depression risk high for heart patients - San Francisco Chronicle
San Francisco Chronicle - (09-29) 17:20 PDT SAN FRANCISCO -- Patients with heart disease should be screened and treated for depression because it can adversely affect their health outlook and quality of life, according to a new report by the American Heart Association. Heart Problems And Depression Guidelines alert heart patients to depression risk Publ.Date : Tue, 30 Sep 2008 07:10:58 GMT Bloomberg Called Ready to Announce Third-Term Bid - New York Times
New York Times - By MICHAEL BARBARO and DAVID W. CHEN After months of speculation about his political future, Mayor Michael R. Bloomberg plans to announce on Thursday morning that he will seek a third term as mayor, according to three people who have been told of his ... NY mayor Bloomberg to seek third term: report NY Times: Bloomberg To Announce Third Term Run Publ.Date : Tue, 30 Sep 2008 19:51:03 GMT China Detains 22 in Tainted-Milk Case - New York Times New York Times - By DAVID BARBOZA SHANGHAI - China said Monday that it had detained 22 people suspected of operating an underground network that intentionally adulterated milk with an industrial chemical, melamine. Hong Kong says Cadbury melamine levels acceptable Manufacturing giant recalls melamine tainted tea Publ.Date : Tue, 30 Sep 2008 16:50:50 GMT So much for those knee supplements -- probably - Los Angeles Times
Los Angeles Times - Don't go stocking up on glucosamine and chondroitin sulfate just yet. The supplements, often taken by people suffering from osteoarthritis of the knee, don't appear to slow cartilage loss. X-Ray Evidence Shows Popular Supplements Fail to Slow Knee ... Glucosamine and chondroitin don't slow arthritis Publ.Date : Tue, 30 Sep 2008 17:58:39 GMT Obama, McCain seek political gain in credit crisis - The Associated Press
The Associated Press - DES MOINES (AP) - White House rivals John McCain and Barack Obama combined televised attack ads with statesmanlike appeals for bipartisanship on Tuesday as they vied for political gain in the shadow of the worst economic crisis since the Great ... Video: McCain Faults Obama, Allies for Partisanship McCain takes hit from bailout collapse Publ.Date : Tue, 30 Sep 2008 19:12:18 GMT Website Traffic Promotion |
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