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Site Home –› Finance & Banking –› Shares & Stocks
 

Investment Speed Bumps

 

Author: Al Thomas

Maybe you have done the same thing as I have. Been driving down an unfamiliar street at a good pace and suddenly been thrown into the air as the car hit a speed bump. You immediately slow down or even stop to put everything back together.

Kinda reminds me of trading in the stock market.

Going along nicely with a particular stocks or several positions when the market hits a speedbump and the bottom drops out. Suddenly you have a big loss instead of a profit. You pull over to the side of the road quit puttting more money in the market. Better check to see what the damage is.

How much have you lost and is it still bleeding from that terrible bumps?

Author Bio:

Al Thomas

Albert W. Thomas has spent most of his life in the field of finance. In 1965 he founded an insurance holding company, Security Dynamics Investment Corporation, after having been an agent and General Agent for several life insurance companies. In 1970 he became cofounder and president of Real Life Estate, Inc., that marketed a unique real estate and life insurance package.

After he became interested in commodities he bought a seat for his personal trading on the Chicago Open Board of Trade, which is now known as the MidAmerica Commodity Exchange. Later he became a full time trader and also acted as a commodity broker for a few select clients. By fellow floor traders Al is considered to be an excellent technical analyst much of which is outlined in his book IF IT DOESN'T GO UP, DON'T BUY IT! It became a best seller on Amazon.

In 1981 he sold his membership on the Exchange and with his wife, Carolyn, lived full time aboard their 41' ketch, the Aumakua (which means guardian angel in Hawaiian). They sailed in Florida and the Bahamas for two years.

He founded World Trading Group in 1984 that grew to the seventh largest introducing commodity brokerage firm in the U.S. with 35 offices from coast to coast, Alaska and Canada. It was sold in 1992.

Al is a graduate of Northwestern University with a B.S. degree in Commerce and is a member of MENSA. He is now president of Williamsburg Investment Company that syndicates his weekly financial column since 1999 to more than 300 newspapers and writes a financial market letter called Over My Shoulder that is quoted in Barron?s and many other publications. A 3-month trial subscription is available on his web site. He is a regular guest on several financial radio talk shows.

His favorite pastime is fishing.

Mr. Thomas is available for speaking engagements. Please call 321-453-5300 for more information.

You can also reach this article by using: stock market, stock quotes, stock prices, stock, stock quote, stock market crash, share
 
 
 

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