With over a half century of investing experience, Stock Booyah and its Advisor column, is maintained by the Market Pro.
The Advisor has a Bachelor of Science degree in Finance from The University of California at Los Angeles and an
MBA from the University of Southern California.
He has 30 years management experience with a major oil company and two major banks.
He has been investing for over 50 years, specializing in common stocks, and has a personal portfolio of some
40 companies and tracks approximately 150 issues.
He reports on the following industries:
- High Tech / Internet
- Oils and Gas
He has reviewed hundreds of stocks including Amgen, Starbucks, Schering-Plough, Wilshire Bancorp, Duke Energy,
Marathon Oil, Novell, and Pfizer.
We help you think outside the box. We aren't selling investment advice or trying to promote stocks. But we are
here to help the little guy and gal investor who needs to save his hard earn dollars from Wall Street sharpies.
Think for yourself. Think about what is going on behind the scenes. Try to get the whole picture of what can affect
the market and your money.
- Educate yourself on market timing
- Be aware of market strategies
- Know a market overview
- And focus in on industry analysis
It's your money, meaning your investment, vacation home, or retirement nest egg.
Educate yourself. And get ahead of the game.
Does your broker try to churn you? Be careful of just rotating out of stocks to build commissions.
Know why you are moving into a sector before you switch.
Effects of New Investors|
A manic-depressive market should worry you. I know it worries me. One day all the
"reporters" on the business news channels are sure we are going broke, when the market is
going down a lot. The next day when the market is up significantly, why these same "reporters"
are chirping that big money is being made again! Now ain't that sweet.
Please pay attention. This market is very dangerous. When too much is being paid for the same
issues, if often means there is little fear among the vast armies of newcomers that are now actively
investing. The erroneous lesson they have been learning, is that if you buy the favorites, you're
going to make money. The worst part is that they have been right. Certainly growth is to be
prized, but we cannot continue to pay more and more for that growth. At some point growth
stocks become severely overpriced. Unfortunately, only hindsight will tell you when you have
seen the top.
The dangerous part is that newer investors have confused being lucky with being good.
That's partly what had lured neophytes into day-trading facilities, only to lose their pants in short
order. And it's not a very pretty sight. Sure, they can talk to investors who are greener than they
are, and who have made nothing but money by buying the favorites. No one investment style
can be successful forever, and that goes double for the current excesses.
When in doubt, accumulate cash and wait for better buying opportunities. If the market looks overbought
to you, then remember that Cash is King! Stay Tuned.