Archive for the ‘International Investing’ Category

The Greatest Money Migration in 63 Years

Wednesday, September 10th, 2008

 Is About to Make a Few Investors Very Rich

 It completely dwarfs the “Great American
Industrial” run up, the tech boom and
the Internet combined…

 Dear Investor

 We are living in unprecedented times

 A major money migration event is taking place in the financial markets right now…

 Right now while you are reading this article billions of dollars are being transferred into one investment class………..

And it has only just started…………..

In the coming 12 to 34 months, it has been estimated another $100 billion US dollars will flow into this investment class – handing investors a “golden” opportunity to pocket 100, 200, even 300 % gains.

That’s right.

Imagine taking a $10,000 investment and watching it balloon to $40,000 in less than three years…

Or a $50,000 investment grow to over $ 250,000 over the same time period!

That’s how powerful this “money migration” is.

 And it has already begun.

Over the course of the next few minutes, I’ll explain just how and why this may be the biggest money making opportunity you’ll see in your lifetime – and why it’s inevitable that most investors will miss out on it.

It’s important to know this is not about investing in a single “breakthrough” stock…

It’s about profiting from a monumental shift in global capital – the likes of which investors have never seen.

What’s more, this is not an opportunity you’ll learn about by watching CNBC or reading Money magazine…

As always whenever there has been a massive historic economic event in the making – most investors and economic pundits will not talk about it until after it has happened.

 And like so many other “big trends” before it 

The industrial revolution, post World War II boom, the information age

Virtually almost everyone will be kicking themselves for not seeing it, and almost everyone will also lose out from profiting when they had the chance.

That’s the reason why only a relative few investors will ever be able to take advantage of this opportunity.

But, if you’re one of those few who understands the driving force behind this important and inevitable money migration and market shift 

You’ll know instantly the obvious ways to profit from it…

I’m sure if you take action and apply this knowledge you may even look back on this moment as the single most defining investing moment in your lifetime – when this one decision you made allowed you to once and for all erase any financial worries out of your life.

So let’s get to the core of this matter…

Let me explain to you about this phenomenal economic event that’s going to make a handful of informed and savvy investors extremely wealthy over the next three years…

This is without question the largest avalanche of New Profits Ever Unleashed…

Do you want to be part of it?

_______________________________________________________________________

Click link below to learn how you can profit from this money migration too

www.secretmoneymanager.com

_______________________________________________________________________

 Because while you are sitting here reading this article; the biggest redirection of capital the world has ever seen is underway.

Billions of dollars are literarily leaving the once-rock solid U.S. markets and migrating into blue-chip companies based outside of the U.S.

There are many reasons why it’s happening.

One is the U.S. dollar is flagging, weighed down under a growing mountain of debt.

Global investors can’t see how the U.S. can keep servicing such a humongous debt.

A correction is long overdue and while it is taking place inside of U.S, smart money is moving overseas.

The future clearly lie in emerging powerhouses like China, India and other once secondary economies that are going full stream ahead.

Honestly though, the reasons aren’t as important as the trend itself.

Here’s why: Know where the money’s headed and you’ll get rich.

It’s as simple as that.

In a minute I’ll introduce you to a powerful, proven investment tool which can show you how you can put your investment portfolio on auto pilot and ride the coat tails of the world’s best money managers.

They have a proven track record of up to 10 years of knowing precisely where the “smart” capital is moving – places where it’s still possible to rack up 200%, 300% + gains and more in the coming 36 months alone.

Let’s face it, investing is about having the right information at the right time and taking action on that information.

Many people are of the opinion that knowledge is power, however this is not true, because if you have the right knowledge and do nothing with it how much is it worth?

Here is what makes the difference;” Applied knowledge is power”.

Once you apply this system it’ll be as if you stumbled on the biggest bull market in modern investing history.

Like bull market runs in the good old days when top U.S. companies were propelled higher day after day, month after month.

However this time it is not U.S based companies doing the Big Bull Run.

This time the bull run is led by super high growth companies that you have probably never heard of

Yet they are surpassing the likes of General Motors, General Electric, IBM, Boeing, Lucent, U.S. Steel, Citigroup, Philip Morris, McDonalds, Alcoa, you name it…

What’s more, these “gazelle” like companies are still extremely cheap – trading at P/Es in the single digits – And yet they have global sized markets…

If you take a look at the investment arena of the last 25 years there has historically not been an opportunity of this enormous magnitude…

But don’t just take my word for it…

Look at the fundamentals, what’s happening right now all comes down to the “BRIC”.

Brazil, Russia, India, China.

Recently the Wall Street Journal said;” For the first time in history this money migration has attracted more money than all U.S. stock funds combined”.

Warren Buffett, has invested $21.4 billion in foreign currencies to take advantage of the money migration.

Emerging markets beat Wall Street by more than 20-fold, according to data from the Wall Street Journal.

Investors who knows how to take advantage of this situation are about to land on a gold mine. Let me explain…

This is The Kind of Growth That Fortunes Are Made On

Taking advantage of this Great Money Migration is just like staking your claim to extraordinary wealth.

Consider that…

Investors got stinking rich, making 300%, 400%, 500% gains during the tech hardware boom in the ‘80s and it “only” attracted around $ 50 billion.

From 1980 until 1990 investors who bought IBM stocks doubled their money every year for ten years.

Yet the rush for this boom has only just begun and it has already attracted 1 trillion dollars.

The Internet boom run up attracted $ 120 billion and investors got even richer some making 1100 % or more by year 2000.

Some very savvy and smart investors made gains of more that 95,667 % on gems like Cisco, turning $ 10,000 into $ 9.56 million…

People made huge profits on stocks that has turned into common everyday names.

Historically the world has not seen a money migration of this magnitude since 1942 when 7 trillion dollars began flowing into the U.S at the end of the 2nd World War .

Back then the money migration was so huge the U.S captured 50 % of the world’s economy and it made USA the richest country on earth.

Savvy and informed investors had arrived on Easy Street.

However this current money migration is set to exceed the Great American Industrial run up by up to 20 times!

And the reason is simple…

Just Follow the Money Trail To Reap the Profits…

The picture of this money trail is outrageous…

Yet it shows the enormity of this opportunity – and why it is so absolutely critical to claim a stake in this money migration right now.

You see, just after World War II in 1945, one out of every two dollars in the world flowed into U.S. companies. That by itself was not surprising…

There was actually not any other choice… Europe and Japan had all but collapsed. And America literally was the world’s market.

Unfortunately, that has changed dramatically…

Today less than 22% of the global economy belongs to the U.S. – a huge drop from the 50% figure it used to to be…

That’s a decline of more than half of what it was just a few short years ago.

The world’s highest performing money managers continue to pinpoint the most important emerging countries as Brazil, Russia, India and China, collectively known as the BRIC.

These are the areas of the world where big money is being made right now.

 Recently this is what Goldman Sachs, one of the world’s leading investment banking firms, had to say:

 “… China could overtake Germany in the next couple of years, Japan by 2015 and the U.S. by 2039. India’s economy could be larger than all but the U.S. and China…”

As a matter of fact, some of the best and biggest investing gems come from markets that are almost unknown by the investing world.

The B.R.I.C is set to Dominate World Markets in the future

New Goldman Sachs research indicates that…

And this might shock you, by the way…..

The combined economies of the BRIC countries could become larger than the G6 countries in U.S. dollar terms.”

“The BRICs real exchange rates could appreciate up to 300%…”

If you have any doubts that the money migration is a rare and unique investing opportunity, look at what

The McKinsey Global Institute has reported.

The McKinsey Global Institute, one of the world’s premiere financial analysis companies, has recently concluded in its year long research initiative – a comprehensive study of the top 100 countries, going all the way back to 1980.

This left a few analysts privy to this information with their jaws agape…..

and scrambling to figure out just how to get a piece of the profits.

In the report it states that investments are set to climb from $119 trillion to more than $209 trillion in the top producing countries in the world within the next few years.

That is an increase of over $91 trillion dollars, that’s almost double…. And mind you it’s trillion with a “t.”

It’s the biggest money migration into the world’s economy in our lifetimes…

In comparison the entire U.S economy is valued at $ 12 trillion right now. 

The companies that serve the largest global markets, are growing faster than analysts could have ever predicted.

Can you see, the growth in companies worldwide?

These are first and foremost companies in Brazil, Russia, India and China. It also includes companies in Eastern Europe, Germany, France, Switzerland, Canada and finally a select few in the U.S.A.

Don’t you want to take part in this life-changing opportunity? 

Isn’t it your turn to participate and profit from the biggest investing event in 63 years?

It is already getting under way…

Are you going to sit on the fence and watch or do you take action?

______________________________________________________________________

Learn more about this powerful, proven investment tool which can show you how to put your investment portfolio on auto pilot and ride the coat tails of the world’s best money managers.

Don’t miss out on this once in a life time opportunity.

Take Action and Click on the link below to find out more

WWW.SECRETMONEYMANAGER.COM

_______________________________________________________________________

What’s more, by not taking action of this money migration could put a major dent in your portfolio.

Investors are facing the biggest risks to their capital than at any other time in recent history…

I mean look at “Fannie” and “Freddie” they used to be safe as houses.

However as it turns out those houses were mortgaged at hyper inflated unrealistic prices.

“Fannie” and “Freddie” along with major banks, regional banks and other investors stand to loose big time!

Most U.S. companies are faced with unprecedented outsourcing, low-wage foreign competition, rising commodity and energy costs, accounting scandals, and unfair governmental regulation.

And it shows…

When you consider that inflation has been hovering around 3%, the losses are getting even bigger.

And then there’s the dollar – it’s lost 40% of its value since 2001.

Legendary investor Warren Buffett announced that he now holds more foreign currency than U.S. dollars.

And Bill Gates, one of the world’s richest men with a net worth of $46.6 billion, is betting against the U.S. dollar …

“I’m short on the dollar,” Gates told Charlie Rose in an interview at the World Economic Forum in Davos, Switzerland. “The old’ dollar, it’s gonna go down.”

As the dollar falls with respect to other currencies, U.S. stocks will continue to fall with it…

Are you taking advantage of being invested in these emerging markets?

Are you unsure of how to access these markets and avoid the most common traps pitfalls and mistakes?

_______________________________________________________________________

Learn how you can take advantage of this unprecedented money migration by riding the coat tails of the best money managers in the world.

www.secretmoneymanager.com  

_______________________________________________________________________

 

Personal Investing Online

Monday, August 18th, 2008

Personal Investing Online

Online access is probably the greatest development in the last century for personal investors. All levels of investing have benefited from this explosion of information and communication, but the personal investor has probably reaped the greater portion of the pie. Information and access to other investors, and investor groups have given the home researcher tools that use to take brokers and advisors decades to create and groom. This isn’t to say that all of the information out there on the internet is “real” or “correct”, but a good portion of it is, and there are more than enough resources to place you in decision making positions. To be accurate, it really isn’t the Information age, but rather the Communication age. The computer started out as a source of information storage and access. Spread Sheets were quite nice to crunch some numbers and databases for notes were good tools. When the computer was connected to the internet and given access to other investors however, it became a tool of communication. Email, news groups, news websites, personal and company blogs, as well as investor forums sprang up give the personal investor access to a huge community of people looking for real information.

Being able to make our own trades online was probably the greatest boon for us as home investors. Thanks to Charles Schwab and many others since, we can sign on to our own discount broker accounts, make a trade, or sell our shares and not have it cost us a bundle in the process. Company press releases hit our inboxes moments after release. Add that to real time investment information; with stock quotes and company news on other websites and we had ourselves a set of genuine investment tools that were far beyond our capabilities only a few short years ago.

Subscription news is a great tool. Websites such as Google News and Investors Business Daily (http://investors.com/), offer the ability to have delivered to our email inboxes the results from particular searches on a daily, weekly or “as it happens” time frame. This gives us the news we need, as it happens. There are many website sources which offer this same service, but I find it so useful I’ll give the details of how to do it on Google for you here.

The website is http://news.google.com. Google’s news area searches through news releases and news services around the world, indexing them using the Google relevance engine. The main page is like most other news pages, a summary of today’s news. Using the search field, search for any topic you are interested. For example, today I’m interested in Google itself, so I just type in “Google” and hit the Search button. In this area, we are only searching “news” sites, not the whole Web. Google’s New search defaults to showing us recent news per Relevance to our search, but allows us to search by “most recent” as well.

Now that I have my search I can scroll to the bottom of the search results page, where it offers to track new stories and send an email alert. Clicking on that link brings you to a simple page where you can choose to have email alerts sent to your address. This is very handy for the serious investor to keep track of what is happening with the companies we have investments in, or are simply keeping track of. Another great tool Google now offers is Google Finance (http://finance.google.com).

Tapping into the news for a company is a great service, but the online experience offers much more than simple timely news bulletins. By making use of the online community you can get in touch with other investors who are interested in the same stocks or companies.

A great example of this is the Motley Fool Online community. Going to the Motley Fool website (http://www.fool.com/), you reach a place full of information for the personal investor. Honestly, you’ve hit the jackpot here. Not only do you find a resource for professional opinions, but a wealth of information from various other investors just like yourself, who are asking questions, and giving opinions. Some of them are amazingly savvy, while others you can do without. It doesn’t take long to filter the wheat from the chaff however. The discussion boards are set up on Motley to be subject by company. So again, if we are interested in Google as a company, we simply search the message board for GOOG, and we are in touch with several hundred other investors all over the world who are interested in the same investment. While the news gives us a great deal of information, these other investors come across tid-bits and factoids we probably would not ferret out any other way. Some of these comments are from people who work at Google, some are from professional fund managers and industry insiders. Others are from the guy down the street who happens to be a really great investor himself. The free flow of data, news, ideas and opinions (even rumors some times) help to make the vital decisions surrounding the personal investor. Honestly, once you go online, you never go back.

Online Brokers

Just because you can do a thing, doesn’t mean you should do a thing. This is one of those philosophical thoughts designed to give us pause for a moment before we do something we really believe we want to do. I’m a firm believer in the online investing experience. Not just in the communities and information websites available but also with the actual trading.

There are some questions you should ask yourself before you get started however. They are basic questions, but never the less, you should pause and really consider them before moving your investment holdings to an online broker.

First, do you feel comfortable conducting business online? Many people don’t, and it will add to the ‘fear factor’ of investing if you do. Have you purchased other items, such as books or movies online?

There is no doubt that online trading will save you money in the trades. Some online brokers are down to $12 to $14 dollars a trade, which is fantastic. Most of these discount brokers however don’t offer any other service besides the trade though. There’s no one to ask advice from, or give you market researcher. You will need to have the time and resources to do your own background research for your trades. Can you do that? Do you have those resources? I’ve introduced already several resources for that information and more are coming on line every day. So, the answer is probably yes, but really ask yourself if you have the time to perform those tasks.

There are also several features from online traders you might want to consider before choosing one. They all have great advertising and are all #1 on some list or other, or give something away “free” when you join. We aren’t talking about a cell phone carrier, however; we are talking about a firm that is going to be holding your future in their care.

Do they allow check writing? How will you get your cash back when you want to spend some of those dollars? What is the hassle factor of doing so? Many discount brokers only send checks through the mail on request. Make sure you know exactly what your options are before signing up. If it takes a phone call then make the call. Might be a good thing to do anyway so you know how difficult it is to get someone on the phone if you need to in the future.

When working with an online broker, not all of your money in your account is going to be invested all of the time. Make sure that your core account is an interest bearing one, and that you money isn’t just sitting there. Find out if there is a minimum balance before interest is paid. Small balances earn less interest than larger balances normally, so make sure you understand the scale and rates. Also check to see if core account balances can be swept into a money marker mutual fund. Find out what your options are for your core balance account.

Most online brokers (at least every one I’ve ever seen) are not insured by FDIC (Federal Deposit Insurance Corporation), but they are typically (should be) insured by the SIPC. The SIPC is a private fund supported by member broker-dealers, which insure cash and securities in accounts up to a total of $500,000 ($100,000 cash). We aren’t talking about being insured for money lost because of market risk here, we are talking about being insured against your online broker going insolvent. If you are planning on investing more that $500k, then check to see that your broker has the insurance to cover you.

There are a number of normal services offered by the online brokers. Check them over and make sure that they have the tools you feel you need. Some of them have different tools, and sometimes they won’t offer something that you have available from another source.

Streaming Quotes. Many of the online brokers offer a little tool that you can install on your computer which gives you a running ticker across the bottom of your screen. These are fairly nice. Not everyone uses them.

Real Time Quotes. This should be a given. I don’t know of any online broker who doesn’t give you free online real time quotes. Yahoo and Google both do it as well, so you don’t really need them from your broker, but if they didn’t offer them, I would certainly want to know why.

Level II Quotes. Unless you are trading in and out of the NASDAQ daily, you probably don’t even know what these are, but they are a common service offered by online brokers. Level II quotes show the amount of shares being offered for purchase and for sale. They show the bid and the ask price. If you know what they are, then you need them, if you don’t, you might need them in the future. It is nice to have them available. Some traders swear by Level II screens, claiming that they give the most complete picture for predicting stock price movements. I’m not aware of any free real-time Level II quote systems, but ActiveTrader.net offers a free delayed Level II display–which won’t help you at all if you are a day trader, but it might be fun to experiment with.

Market News and Research. I’ve already introduced several ways of getting this information, but your broker should not be charging for market news, and you shouldn’t be paying for it either. Having it handing on your broker’s website however can be a convenience you will want. Some that I haven’t brought up yet are Silicon Investor (http://www.siliconinvestor.com/), Raging Bull (http://www.ragingbull.lycos.com/), and Datek (http://www.datek.com/). I personally like the Silicon investor and Motley Fool, those two with the new Google Investor website covers more than I need for my personal research.

Multiple Investment Products. Can you purchase mutual funds, corporate bonds, and Treasuries? Some online brokers don’t, do don’t take it for granted that they do. I don’t know why they don’t, never got a real answer for that, but make sure yours does if you feel that you are, or might be interested in these. Having two or three online brokers doesn’t make any sense. Make sure that is going to cover your needs. Only you know what those needs are, so it may not bother you at all that your broker doesn’t offer a service, such as…

International Trading. Do you do this? Does the broker you are interested in offer this? Again, several don’t. Even if you aren’t currently looking at international trading however, you might want to keep this in mind for your decision making. The world markets are changing. Whether that is good or not is up to you to decide for yourself, but why be in a position of having to have two services in the future?

24/7 Toll Free Customer Service/Trading Telephone Center. That’s a mouth full, but one you want to have around. Eventually, you are going to want to talk to some one. Money brings that out in people. Something is going to happen, something is going to seem odd to you, or you are going to want an answer about something, and email, IM and forum boards are not going to cut it; you will want an accountable human voice on the other end of the phone to answer your question. Some online brokers charge for this service. Some charge by the minute. Make sure what this is going to cost you. The call may be free, but is the talking?

Wireless/Anywhere Technology. Ah, this is my personal favorite service, because sometimes, I just want to know what is going on, and all I have is my cell phone. Some firms offer services for Palm Pilots, cell phones and other ‘connected’ devices, though they are rarely free services. You can get text messages if a stock reaches a certain level, goes down a certain amount. Some send stock news, or notification of trade reports. Some even let you trade with your phone, which is nice. If you are on the road most of the time, or have places in the day that are ‘dead air’ times, it is nice to get something done, and it might even be worth the cost.

Direct Download for Accounting Software. Do you use Quicken? How about Microsoft Money? Most of the online brokers I have seen offer this service, allowing you to download your account information in Quicken or Microsoft Money format. It is a very handy service, and something you will want to have. You might be shaking your head right now but trust me, you will want it eventually. If nothing else, you might want to switch brokers, and you will want all of your records. And don’t forget about tax time. Make sure they offer this.

Local Branch Presence. This is difficult to find, but it might be a decision maker. Knowing that you can jump in the car and go down to a real office and talk to a real person is very nice. The whole idea behind online discount trading is that you don’t have this service, which is why those trades are only $5.00, but I have to suggest that perhaps $20, and a local office might be worth it, again, up to you to decide.

Now let’s talk about some trading features that are normally offered in the online world, and go through some of the trading rates that are available.

Absolute Discount (trades for $0 – $10). Sounds great, you think, as you read the ad. So what’s the catch? The catch is that probably most of the services we just talked about aren’t available. These tend to be bare-bones operations. That is not to say this is not a good thing. As we have discovered there are many services offered out there on the web which may make up for a bare-bones operation’s deficiency. Best thing to do, is to use some of those services such as the forums over at Motley Fool, to find out more about the broker, the website, and any experiences people might have had with them.

Low Commission ($10 – $30). The average commission out there at the time of this writing is about $14. If you had a choice between $14 for commission and $30 for commission but you could talk to customer service for free and have a local office you could visit, what would you take? Commission prices are a major consideration. $15 is … well… $15.00! If you make several trades a week, that commission rate adds up fast. What might change your mind is …

Multiple Trading Channels. This is a must, and well worth a few bucks on a trade commission. You have to have more than one way (website only) to make a trade if you need too. Make sure your broker offers alternatives such as phone-in or Touch Tone trading; something that allows you a connection to your trading service beyond the website. Many offer this service, but find out how much it costs. You will probably never need it, right? (was that a ticking sound I heard on your hard drive?).

Online Option Trading and Short Selling. Do you do these? Check to see that the broker does as well. The service should be through the website, but some online brokers only offer them though a representative (with the added rep-assisted commission attached of course).

Extended Trading Hours. This is a big one. Normal trading hours are from 9:30 to 4:00 PM EST. Some online brokers offer 8 am to 8 pm EST extended trading times. Pre-opening and extended-hour trading is mostly seen on the NASDAQ. After hours trading is not for everyone, but it could be a nice option to have available. The last item to look at is probably obvious, but becomes a major item as time goes on, and that is the website itself. Can you read it? Can you understand the layout, and options? Is the information readily available, or do you find your self hunting for information you feel you should have at your fingertips. Read some of the help files, do they help? Are they well written? Can you understand what they are explaining?

There are currently over 150 online brokers on the Internet today. You won’t be lacking in available alternatives. Not all are created equal, but then neither are all furniture stores, just make sure it’s a place that provides you with the tools you need and the price you are looking for.

Do you see Doom and Gloom or Doom and Boom?????

Wednesday, August 6th, 2008

Before you go ahead and read this blog post, please go and read
the About section as well as the Disclaimer. The link is located in
the top right hand column.

If most of your money is in the US Market, you’re missing out
on the greatest profit bonanza that our generation has ever
seen…

…and leaving up to 80% of your profit potential on the table!

You’ll soon see that crazy zealots will tell you that the
U.S. stock market is the best place to be invested right now…

Others will tell you that the property is the best…

And others will say that managed funds are better…

But what FACTUAL evidence do any of these individuals
or companies provide as the basis for their point of view?

Unfortunately in most cases it’s nothing more than a hunch.
So let me contrast the difference when you approach this
exercise with in-depth research…

Take last year, for example:

The S&P 500 rose a measly 5.5%.

That alone should give you some clues about where not
to be invested right now…

And, consider this

  • If you had invested in Malaysia’s KLSE Composite Index
    instead, you would have done more than five and a half times
    better – with a 31.8% gain …

  • Brazil’s Bovespa IBRX Index could have made you more
    than eight times more money – with a 47.8% gain …

  • Nigeria’s NSE All Share Index would have made you nearly
    thirteen times richer than the S&P 500- with a 74.4% gain…

  • If you’d invested in Bangladesh’s DSE General Bengal
    Index
    instead of the S&P 500, you would have made fifteen
    times more money – with a 86.6% gain, and …

  • China’s Shanghai SE Composite Index could have made
    you more than seventeen times richer – with a mind-boggling
    96.6% gain!

My question to you now is…

When you look at all the turmoil in the financial markets of late
and you see the soaring prices of commodities and oil, does it
make you see gloom and doom or do you see a once in a lifetime
opportunity to profit
when everyone else is running for cover?

The media is full of stories of turmoil, collapse of major banking
institutions etc. I will not be surprised if in 5 – 8 years time we will
all be looking back on the recent years of boom times as the
most prosperous time in modern day history.

In the years from 2000 – 2008 did you prosper?

If you did congratulations!

You obviously know and have learnt how to position yourself
correctly.
If you didn’t prosper do not despair, because in
this global world we live in there is always an opportunity to
prosper
if you know how.

Like Sir Richard Branson says: “Opportunities are like buses,
there’s always another one coming”.

My views are somewhat off beat from the mainstream media and
if you look at those who are producing extraordinary results
to the upside
, they do not dance to the tune of the mainstream
media
.

By the time “good investments” reach the mainstream media the
savvy investors have made their money and are either ready
to exit or ride the wave
further up because the fundamentals
are strong
.

If this type of perspective on investing takes your interest
stay tuned
, because in the next post I will talk about what sort
of results these savvy investors have achieved for the last ten
years.

And how you can do it do too by putting your investments on
autopilot
and at the same time be in full control of your investment
at all times, which is very important.

Until next time happy investing.