Best of the Week
Most Popular
1.Gold Price Target of USD 2,300 - GoldCore
2.Greece Banking System Collapse Monday as ECB Pulls the Plug, Capital Controls Ahead of GrExit - Nadeem_Walayat
3.Why British Muslims Are Leaving Elysium Paradise for Syrian Hell - Nadeem_Walayat
4.Greece BANKRUPT! Financial and Economic Collapse to Follow IMF Debt Default - Nadeem_Walayat
5.Extreme Gold/Silver Shorting - Zeal_LLC
6.European Empire Strikes Back Against Greek Debt Fantasy, Counting Down to GREXIT - Nadeem_Walayat
7.Gold And Silver – Three Choices: Sell, Hold, Hold and Add. A Trading Treatise - Michael_Noonan
8.Gold and Silver Price Headed for Breakdown - Jordan_Roy_Byrne
9.Greece Crisis OXI - Raul_I_Meijer
10.Flatline Investing and Dead End Debt Schemes - Doug_Wakefield
Last 5 days
Gold GDXJ : Impulse Move Pending - 30th June 15
Fed Interest Rate Increase Could Be Best Thing to Happen to Gold - 30th June 15
Marc Faber - Greece is Basically Bankrupt - 30th June 15
Greece - Shoot the Dog and Sell the Farm - 29th June 15
Grexit?, BIS Warning, Chinese Market Crash & Systemic Risk Shake the Global Economy - 29th June 15
The New "Sharing Economy" May Not Be the Profit Bonanza Everyone's Expecting - 29th June 15
Gold and Silver Greece and Short Positions - 29th June 15
Volatility and Sleep-Walking Markets - 29th June 15
Greece BANKRUPT! Financial and Economic Collapse to Follow IMF Debt Default - 29th June 15
Stock Market More Decline Ahead? - 29th June 15
China Stock Market Crackup - The Final Trap Looms... - 29th June 15
Greece Banking System Collapse Monday as ECB Pulls the Plug, Capital Controls Ahead of GrExit - 28th June 15
Investor Stock Play for Two Growing Missile Threats - 28th June 15
Stock Market Uptrend/downtrend Inflection Point - 27th June 15
Greece Crisis OXI - 27th June 15
Gold And Silver – Three Choices: Sell, Hold, Hold and Add. A Trading Treatise - 27th June 15
It’s Time to Change the Way You Look at Disney Forever - 27th June 15
Flatline Investing and Dead End Debt Schemes - 27th June 15
Stock Market Investors Avoid the "Herd" Like the Plague - 26th June 15
Extreme Gold/Silver Shorting - 26th June 15
USD Daily, Weekly, Monthly & Conclusions - 26th June 15
Gold Price Target of USD 2,300 - 26th June 15
Gold and Silver - Another Successful Option Expiration For the Insiders - 26th June 15
Why Buffett Bet A Billion On Solar Energy - 26th June 15
Fed Taper Talk, And The $10 Bill - 25th June 15
When a Bond Is Not a Bond - 25th June 15
Nature Rebounds - Trends in America Portend a Global Restoration of Nature - 25th June 15
Stocks That Profit... Even When You're Dead Wrong - 25th June 15
When Will US Debt Hit the Wall? - 25th June 15
Ron Paul Warns “They Can’t Print Money Forever” - 25th June 15
In Gold We Trust 2015: Gold Remains In A Secular Bull Market - 25th June 15
European Empire Strikes Back Against Greek Debt Fantasy, Counting Down to GREXIT - 25th June 15
China Syndrome - 24th June 15
Greece - The Only Good Deal For Greece Is NO Deal - 24th June 15
Gold and Silver Price Headed for Breakdown - 24th June 15
Corporations vs. Entrepreneurship - 24th June 15
Sweet Spot for Gold Stock Investors - 24th June 15
It’s the World’s Most Powerful Investment Bank… and Now It’s Going to Work for You - 24th June 15
First Strike Capability - Gold or War - 23rd June 15
Greece / Stock Market Played Like a Bouzouki - 23rd June 15
Gold and Silver Forget Greece, Eyes On the Options - 23rd June 15
What Borders Mean to Europe - 23rd June 15
If You Have Money in a US Bank Account Be Aware! - 22nd June 15
The Most Dangerous Secret of Corporate America - 22nd June 15
Why British Muslims Are Leaving Elysium Paradise for Syrian Hell - 22nd June 15
Euro Uncertainty Reflected in COT Report - 22nd June 15
Stock Market Crash Charts - 22nd June 15
Public Pensions: Live and Let Die - 22nd June 15
De-Greece-ing the Stock Market - 22nd June 15
GOLD: Will Summer 2015 Rally Mark A Cyclical Turning Point? - 21st June 15
The Twilight of Cash? - 21st June 15
Shanghai China Stocks Sink: Déjà vu 2001 & 2007…All Over Again - 21st June 15

Free Instant Analysis

Free Instant Technical Analysis


Market Oracle FREE Newsletter

China Stocks - Where are they going?

The Greatest Risk to Your Wealth in 2013

Stock-Markets / Investing 2013 Jan 01, 2013 - 11:05 AM GMT

By: Investment_U

Stock-Markets

Andrew Snyder writes: The ringing in of a new year is a bittersweet celebration. As the seconds ticked off the clock last night, a rush of emotions rolled through my mind.

For a lagging moment, it was as if I was back inside the stark white delivery room of our local hospital waiting for my son to be born.


“One more push,” the doc looked up at me and said, “and you’ll be a dad.”

Whooaaa… stop the clock. Time out. Hit the brakes.

At that instant in my life, I straddled a great divide. One leg stood firm on what I had always known and what had always been – it was familiar and safe. The other leg, though, was wobbly. It teetered on the tip of an unknown world – vague and filled with uncertainty.

And so it was last night.

With just seconds left in 2012 I found myself once again fearful of the unknown. On one side of midnight was a rough, but familiar year.

It was the year when the words “I love you” first rolled off my son’s young tongue. It was the year the markets climbed a tall wall of worry. And it was a period of incredible gridlock inside the beltway.

There were ups and downs. But we made it… most of us with a pocketful of strong profits.

On the other side of midnight… a stranger.

What lies ahead, nobody knows.

There’s fiscal trouble in Washington. A looming fight over our guns. A national culture that needs healing. And a stock market that is utterly feared.

Despite our urging to the contrary, most investors are too scared to move.

After five years of some of the most volatile times in the market’s history, a growing army of bleary-eyed investors flat out refuse to plant both feet in the present. They continue to lean on the past.

It’s a losing – but comfortable – strategy.

With the idea equity-fearing investors missed out on some $200 billion worth of potential stock gains over the last four years in mind, let me ask you a question.

What did you do last year?

Are you wealthier? Healthier? Wiser?

We can’t help you with those last two. Or, at least that’s not our core mission. But we surely can make you wealthier.

Here’s the thing, though, nobody makes money unless they try.

It sounds obvious. But we’ve found countless investors are cowering in fear. They refuse to try. Meanwhile, stocks drive higher and higher – proving that fear comes with a very real and very expensive opportunity cost.

That’s the message for this holiday issue.

Do something.

We’re not writing about an investing technique today. There’s no fresh way to play the news. Not today. We’ll save it for tomorrow.

I simply want you to understand a simple idea; The greatest loss comes in the form of inaction.

In other words… do nothing, get nothing.

Over the next few days you will get bombarded with year-end reviews.

You’ll be told the S&P 500 finished the year up by about 12%.

You’ll be taunted by tales of stocks like 3D Systems (NYSE: DDD) that surged by over 200%.

And you’ll even be reminded of stocks that cratered and died.

But what nobody will tell you – because there is no way to measure it – is the cost of doing nothing. What could have been? What did fear cost you in 2012?

It’s no different than the conversation I had with my wife about a year before our son was born. Did we want a kid? Could we raise a kid? Would it be healthy?

There was lots of fear leading up to that “one more push” moment.

But the instant my son was born, I made a promise to him. Despite the fact I’ve never raised a kid… despite the pit of fear in my stomach… I pledged to never miss an opportunity. I’d jump the divide and never look back.

Sure, there’d be mistakes. I can already name dozens. But all of them combined are nothing compared to the richness of overcoming the fearful instinct to do nothing.

As we welcome the freshness of a new year, the message is simple. There is only one way to increase your wealth. Do something.

Good Investing,

Andrew

Source : http://www.investmentu.com/2013/January/greatest-risk-to-your-wealth-in-2013-2.html

by ,, Oxford Club Investment Director Chairman, Investment

http://www.investmentu.com

Copyright © 1999 - 2012 by The Oxford Club, L.L.C All Rights Reserved. Protected by copyright laws of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), of content from this website, in whole or in part, is strictly prohibited without the express written permission of Investment U, Attn: Member Services , 105 West Monument Street, Baltimore, MD 21201 Email: CustomerService@InvestmentU.com

Disclaimer: Investment U Disclaimer: Nothing published by Investment U should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized investment advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended by Investment U should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company.

Investment U Archive

© 2005-2015 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

Biggest Debt Bomb in History