Divorce Information

Divorce and the Stock Market


The most recent statistics show that about 50% of all marriages end in divorce. It is not very encouraging to enter into any kind of relationship knowing that it only has a 50/50 chance of being successful. Failure at anything is never pleasant, but there is one good thing about divorce. You are now free to try again and hopefully this time you will not make the same mistake.

Now I want you to think about divorce and the stock market. Do you own any stock or mutual funds that are selling for less than you paid for them? If you have owned any equities during this past three years I will be willing to bet you have some losers in your portfolio. Don't you think it is time to think about a divorce, a divorce from a losing situation?

Suppose you sold everything today and put it all in a money market account paying 1%? I know what you think about 1%. Suppose you had dumped those losers 2 years ago and been in cash all this time? Would you be money ahead at 1%? I'll bet you would.

You may be saying you don't know whether this is a good time to sell or buy more. Here in one way to make that decision. Analyze the stock or fund you have. If you would not buy more of it now then the smart thing to do would be to sell. And don't fall for the big Wall Street lie about dollar cost averaging.

Here is another way to determine how and when to sell - let the market tell you. You can place a stop-loss order with your broker for any amount you wish. Say your stock is selling for $20/share. I like to limit my loss to about 10% so I have my broker enter an order to sell me out if the stock drops to $18. If it keeps advancing I raise the stop loss order every week so that it is trailing along behind about 10%. When it advances to $30 my stop would then be at $27. This way I don't have to guess about where to get out. Brokers don't like to do this because they have to watch your account, but don't let him talk you out of it. You don't want to lose everything like you might in a divorce. Limit the damage. If you own mutual funds you will have to watch these yourself as you cannot place a stop-loss order; you have to call the broker to tell him to sell.

When you are in a bad marriage things just seem to get worse and worse. You could lose everything. When you are in a long-term bear market as we are now it is the same. Your financial assets become less and less. At least in the stock market you can limit your losses. Don't call a lawyer, call the broker and get out.

Al Thomas' book, "If It Doesn't Go Up, Don't Buy It!" has helped thousands of people make money and keep their profits with his simple 2-step method. Read the first chapter at http://www.mutualfundmagic.com and discover why he's the man that Wall Street does not want you to know.


MORE RESOURCES:

Telegraph.co.uk

Former actress who ranted about sex life on YouTube loses divorce case
Electric New Paper, Singapore - 8 hours ago
HER 76-year-old multi-millionaire husband wanted to divorce her and throw her out of their New York apartment. So former actress Tricia Walsh-Smith, 52, ...
YouTube Divorcee's 'Victory' Explained FOXNews
Wife’s tearful YouTube rant earns her a divorce and eviction TG Daily
YouTube hubby wins divorce News24
Seattle Times - Melbourne Herald Sun
all 310 news articles


TopNews

Divorce and economic growth
Economist, UK - 13 hours ago
“AH, YES, divorce”, Robin Williams once mused, “from the Latin word meaning to rip out a man’s genitals through his wallet”. The derivation may not be found ...
Thierry to ex: Get off my £10m The Sun
all 7 news articles


Murray, Bruins start divorce proceedings
Calgary Herald,  Canada - 21 hours ago
The Boston Bruins took the first step towards buying out the contract of winger Glen Murray on Wednesday, putting the veteran on waivers. ...


What's tougher to get than a same-sex marriage? A same-sex divorce
Los Angeles Times, CA - 3 hours ago
Her state doesn't recognize gay marriage, and the state where she was wed limits divorces to residents. By Sue Horton, Los Angeles Times Staff Writer ...
Same-sex marriage foes warn of kindergarten lessons on gay matrimony San Francisco Chronicle
all 2 news articles


Divorce Law May Lead to Divided, Two-Speed EU
Deutsche Welle, Germany - 19 hours ago
Provided that the European Commission accepts the divorce initiative, it then has to be approved by a qualified majority of the bloc's 27 member states. ...


Easy divorce leaves old people depressed and lonely
Telegraph.co.uk, United Kingdom - 19 hours ago
Millions of pensioners are suffering depression and feelings of isolation because of the culture of easy divorces brought in during the 1960s, ...


Fox Shows Ugly Divorce
American Chronicle, CA - 6 hours ago
Earlier this week, the Mike and Juliet Morning Show featured a segment about divorce and the damage it can wreak on children's lives. ...


(BPRW) Child-Centered Divorce; Focuses on Kid’s Needs
Black PR Wire (press release), FL - 2 hours ago
(BLACK PR WIRE) Divorce can be particularly difficult for children whose parents announce suddenly that they are to split and in this nation of soaring ...


Minimize the impact of divorce on your credit
The Southern, IL - 9 hours ago
By Marshall Loeb, McClatchy-Tribune News NEW YORK - If you're planning to file for divorce this year or are already splitting your assets with your ...


Jessani of Divorce with Dignity Mediation Services in Clinton ...
PR-CANADA.net (press release), Montenegro - 12 hours ago
Pohatcong resident, Anju D. Jessani, and founder of Divorce with Dignity Mediation Services, has been recognized by NJ Biz, a leading source of business ...

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