Best of the Week
Most Popular
1.Bitcoin War Begins – Bitcoin Cash Rises 50% While Bitcoin Drops $1,000 In 24 Hours - Jeff_Berwick
2.Fragile Stock Market Bull in a China Shop -James_Quinn
3.Sheffield Leafy Suburbs Tree Felling's Triggering House Prices CRASH! - Nadeem_Walayat
4.Bank of England Hikes UK Interest Rates 100%, Reversing BREXIT PANIC Cut! - Nadeem_Walayat
5.Government Finances and Gold - Cautionary Tale told in Four Charts - Michael_J_Kosares
6.Gold Stocks Winter Rally - Zeal_LLC
7.The Stock Market- From Here to Infinity? - Plunger
8.Ethereum (ETH/USD) – bullish breakout of large symmetrical triangle looks to be getting closer - MarketsToday
9.Electronic Gold: The Deep State’s Corrupt Threat to Human Prosperity and Freedom - Stewart_Dougherty
10.Finally, The Fall Of The House Of Saud - Jim_Willie_CB
Last 7 days
Learning from Money Supply of the 1980s: The Power and Irony of “MDuh” - 20th Nov 17
Trump’s Asia Strategy, Goals and Realities - 20th Nov 17
Crude Oil – General Market Link - 20th Nov 17
Bitcoin Price Blasts Through $8,000… In Zimbabwe Tops $13,500 As Mugabe Regime Crumbles - 20th Nov 17
Stock Market More Correction Ahead? - 19th Nov 17
Universal Credits Christmas Scrooge Nightmare for Weekly Pay Recipients - 18th Nov 17
Perspective on the Gold/Oil Ratio, Macro Fundamentals and a Gold Sector Bottom - 18th Nov 17
Facebook Traders: Tech Giant + Technical Analysis = Thumbs Up - 18th Nov 17
Games Betting System For NCAA Basketball Sports Betting - Know Your Betting Limits - 18th Nov 17
Universal Credit Doomsday for Tax Credits Cash ISA Savers, Here's What to Do - 18th Nov 17
Gold Mining Stocks Fundamentals Q3 2017 - 17th Nov 17
The Social Security Inflation Lag Calendar - Partial Indexing - 17th Nov 17
Mystery of Inflation and Gold - 17th Nov 17
Stock Market Ready To Pull The Rug Out From Under You! - 17th Nov 17
Crude Oil – Gold Link in November 2017 - 17th Nov 17
Play Free Online Games and Save Money Free Virtual Online Games - 17th Nov 17
Stock Market Crash Omens & Predictions: Another Day Another Lie - 16th Nov 17
Deepening Crisis In Hyper-inflationary Venezuela and Zimbabwe - 16th Nov 17
Announcing Free Trader's Workshop: Battle-Tested Tools to Boost Your Trading Confidence - 16th Nov 17
Instructions to Stop a Dispossession Home Sale and How to Purchase Astutely at Abandonment Home - 16th Nov 17
Trump’s Asia Tour: From Old Conflicts to New Prospects - 16th Nov 17
Bonds And Stocks Will Crash Together In The Next Crisis (Meanwhile, Bond Yields Are Going Up) - 16th Nov 17
A Generational Reset That Will Redistribute Wealth to the Bottom 60% Is Near - 16th Nov 17
Ethereum (ETH/USD) – bullish breakout of large symmetrical triangle looks to be getting closer - 16th Nov 17
Gold’s Long-term Analogies - 16th Nov 17
Does Stripping Streets of ALL of their Trees Impact House Prices (Sheffield Example)? - 15th Nov 17
The Trump Administration’s IP Battle Against China - 15th Nov 17
5 Ways Bitcoin can Improve its Odds of Becoming the Future of Money - 15th Nov 17
These Headlines Say Gold is Building a Base for Something Big - 15th Nov 17
Protect Your Savings With Gold: ECB Propose End To Deposit Protection - 14th Nov 17
Gold on the Ledge, Trend Forecast - 14th Nov 17
The Unbearable Slowness Of Fourth Turnings - 14th Nov 17
Silver Sign’s Confirmation & More - 14th Nov 17
Could This Be The End for Tesla? - 14th Nov 17
Harry Dent’s Fourth Cycle: More Evidence of Stock Market Downturn - 14th Nov 17
Why Having Good Credit Is Important If You Want to Invest - 14th Nov 17

Market Oracle FREE Newsletter

Traders Workshop

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

© 2005-2017 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

Catching a Falling Financial Knife