Best of the Week
Most Popular
1.Oil Wars 2016 - US vs Russia vs Saudi Arabia vs Iran - Nadeem_Walayat
2.Crude Oil Price Crash Triggering Global Instability, Trend Forecast 2016 - Nadeem_Walayat
3.Stock Market Crash - Last Week was The 2nd and Final Warning... - Clive_Maund
4.Stock Market Crash Apocalypse or Bull Market Severe Correction? - Nadeem_Walayat
5.TShipping Said to Have Ceased… Is the Worldwide Economy Grinding to a Halt? - Jeff_Berwick
6.Crude Oil Price Crash Catastrophe, Independant Scotland Literally Begging to Rejoin the UK - Nadeem_Walayat
7.Summers: Global Economy Can't Withstand Four 2016 Fed Hikes - Bloomberg
8.Gold And Silver: New World Order: Public Be Damned, Preferably Dead - Michael_Noonan
9.Rigged U.S. Ttreasury Bond Market Double Barreled Hidden Q.E. To Infinity - Jim_Willie_CB
10.Major Stocks Bear Market Awakening - Zeal_LLC
Last 5 days
Gold Stocks Something has Changed - 6th Feb 16
UK Interest Rates, Economy GDP Forecasts 2016 and 2017 - 6th Feb 16
Gold Price, Mining Stocks Rocket Higher - 5th Feb 16
Crude Oil Price Bottoms and Blues - 5th Feb 16
Gold and Silver: Ripe for a Recovery! China May well Change the Game - 5th Feb 16
How Pension Plans are Responding to Financial Repression - 5th Feb 16
Senior Gold Producer Goldcorp Takes Large Stake in Nevada's Gold Standard Ventures - 5th Feb 16
Tips for Smart Oil and Natural Gas Investing 2016 - 5th Feb 16
Another Corporate Giant Is Leaving the U.S. – What This Means for You - 4th Feb 16
TPP is Economic Warfare, Trade Can Make Everyone Worse Off / Governments are Stupid - 4th Feb 16
Gold and Stock Markets Inflection Points Galore - 4th Feb 16
Putin Cries Dyadya (Uncle), Is Saudi Arabia Listening? - 4th Feb 16
Gold Price Golden Bottom? Video - 4th Feb 16
Look North for Value-Priced Growth in Healthcare Biotech Stocks - 4th Feb 16 - TLSReport
BrExit EU Referendum - Britain's FINAL Chance for Freedom From Emerging European Superstate - 4th Feb 16
HUI Now Confirming Gold Price Move Higher - 4th Feb 16
Crude Oil Price Forecast 2016 As Good As It Gets - 4th Feb 16
Gold and Silver More 'Flight To Safety' Active February - 3rd Feb 16
Raytheon Company: A Defensive Stock for a Defensive Market - 3rd Feb 16
Is Silver Really a Weak Link - 3rd Feb 16
Gold to Beat Stocks 2016? - 3rd Feb 16
David Chamberlain Cameron, Britain's Last Chance for Freedom From Emerging European Super State - 3rd Feb 16
EU UK Draft or Daft Agreement By Donald Tusk to Members of the European Council in Full - 2nd Feb 16
Europe: Why It's Going to Get a Lot Worse Before It Gets Better - 2nd Feb 16
The Next Generational Bust Is Coming, Stock Market 70% Collapse - 2nd Feb 16
The Coming Stock Market Decline May be a Monster - 2nd Feb 16
S&P 500 Has Likely Entered a New Bear Phase - 2nd Feb 16
How and Why To Move Your Assets Offshore Before the Financial Collapse - 2nd Feb 16
Central Bank Created Silver Price Rally - 1st Feb 16
The Fed Is Not Hiking Rates: Risk Assets To Perform - 1st Feb 16
US Dollar and US Treasury Bonds Big Picture - 1st Feb 16
BOJ Negative Interest Rates Central Banking Crime Syndicate's War on Cash for Triggering Panic Consumption - 1st Feb 16
Elites Set to Wipe Out Stock Market Shorts Before Next Downwave... - 1st Feb 16
Stock Market A-B-C Correction Unfolding - 1st Feb 16
Nice week for Gold : It’s All about Sentiment - 31st Jan 16
Silver Price Breaks Higher on Rising Anxiety - 31st Jan 16
Stocks Bear Market Rally Underway - 30th Jan 16
Gold And Silver Current Prices Do Not Matter - 30th Jan 16
Gold Price Potential Upside 2016 - 30th Jan 16
Stock Market Bears Pulverised by BOJ Knock Out Punch, Non Technical Take Video - 30th Jan 16
Lacy Hunt: Inflation and 10-Year US Treasury Yields Headed Lower - 30th Jan 16
The Curious Case of Copper... - 30th Jan 16

Free Instant Analysis

Free Instant Technical Analysis


Market Oracle FREE Newsletter

Global Financial Crisis 2016

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

© 2005-2016 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