Welcome Guest. Register Now!  



Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 07-14-2008, 04:18 PM
Junior Member
 
Join Date: Jan 2007
Posts: 9
Can anybody please suggest an investment strategy for this market?

Can somebody please help suggest an investment strategy for this horrible investment environment?

I am totally fed up with this market wild gyrations, especially the downward spiral! I want a strategy that is tax-efficient as well, as I am in the higher tax bracket.

Thanks a lot..



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
  #2 (permalink)  
Old 07-20-2008, 02:42 PM
TaxGuru's Avatar
Tax Guru
 
Join Date: Jan 2007
Location: New Jersey, USA
Posts: 2,417
Blog Entries: 3
Can anybody please suggest an investment strategy for this market?

Generally, as a financial planner, I would not advice you to substantially adjust your investment strategy due to short term market fluctuations. Attempting to time the market is an ellusive strategy, trying to pick the market has been impossible and playing the market game is not going to be generally sucessful.

Reading the obituary of the renowned and one of the most successful Instituitonal Investor's of our time, Sir John Templeton, one marvels of his simply strategy. Incidentally, according to the Economist, anyone who invested in his funds were able to enjoy an incredible compounded return in excess of 14% over 20 years!

His philosophy was simple in that he advocated that investors should;

1. have a long term strategy.

2. invest in diversified mutal fund.

3. have exposure to overseas markets.

4. always add to positions when the market is generally low. BUY AT LOW.

5. sell when the market hits dizzying heights. SELL AT HIGH.

6. not follow the herd mentality.

7. invest only what you can afford to lose and never to buy on margin.

8. always buy stocks that have a product or service you are familiar.

9. never be driven by panic to buy or sell.

__________________
Find a CPA near you!

Ask TaxGuru Please refer to the legal disclaimer.


Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
What is meant by Fair Market Value with respect to Donations? chrisk Miscellaneous 1 05-05-2008 11:35 PM
Is purchasing an annuity in an IRA account a good investment strategy? aron IRA/Sep 1 03-14-2008 06:42 PM
Can you suggest year end strategies for reducing year end self employment income? awkan Sole-Proprietorship 1 02-08-2007 11:59 PM
Tax savings strategy for self-employed IT consultant awkan Sole-Proprietorship 1 01-31-2007 01:44 AM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.