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(8/29/10: We rallied to end the week, but the week was still down and the market is in a downtrend. Most of my funds have now hit their sell points. To read more, please subscribe to The Defensive Investor.) Welcome to the “The Defensive Investor.” Like most investors, you’ve probably been burned by the stock market. Well, I’ve been investing for over 25 years and I used the experience I gained in 1987 to get through 2000-2002 with only small losses and in 2008, I beat the market by over 20 percentage points. I’ve done better than the market in 6 of the past 9 years, and I’ve done it with a conservative method that keeps me largely invested in up-trending markets and mostly out of down-trending markets. My strategy is primarily defensive. I hate to lose money, and I refuse to lose big money. The way to achieve this is to first, start by being diversified across a number of assets and asset classes and second, to always have a point in mind where you will cut loose an investment, where you will take a small loss, thereby eliminating the possibility of a large loss. Most of my money is in simple, easy to understand assets: bonds, stock mutual funds, bond mutual funds and fixed income vehicles. If you would like to set up a simple, easy portfolio that doesn’t require a lot of work, I can show you how. If you would like to play the market, buying and selling stocks as prices fluctuate, I can show you how to do that, too. The service that I’m offering includes access to my online weblog and daily commentary. In general, there will be five such entries per week. My own portfolio, with actual buy and sell prices will be continually available. I’ll tell you when I’m buying, what I’m buying and when I’m selling, and I’ll tell you the actual price that I paid or received, including commissions. If my method sounds good to you, if you would like a clear and specific investment model, then I urge you to subscribe to “The Defensive Investor.” I think you’ll be happy with the results. |