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Take advantage of a rampaging bull market with these financial tips.
To complete this How-To you will need:
Mutual funds
Stocks
The currency of emerging countries
Step 1: Buy mutual funds
Buy mutual funds, which tend to go up in a bull market because the funds are all buying the same stocks.
Step 2: Sell small-cap stocks
Sell small-cap stocks, also known as emerging-growth stocks, which don't usually see as much growth in a bull market because they are not owned by mutual funds.
Step 3: Buy emerging-market stocks
Buy stocks sold in emerging markets because a strong world economy boosts their value.
Step 4: Sell your bonds
Consider selling safe investments like bonds and dividend-paying stocks so you can take advantage of the higher returns that can be collected during a bull market.
Tip: Don't sell your safe investments if you are nearing retirement age.
Step 5: Buy "on margin"
Consider buying stocks "on margin" -- which means buying them with borrowed money. Stocks are more likely to rise during a bull market, making you enough money to justify the risk.
Step 6: Trade stock options
Buy stock options, which are easy to profit from in the volatile atmosphere of a bull market.
Step 7: Don't buy IPOs
Don't buy initial public offerings, also known as IPOs. In a bull market, there's such a demand for stock that many mediocre companies go public, only to go bust later.
Step 8: Buy the currencies of emerging countries
Buy the currencies of emerging economies, which tend to thrive in good global economies thanks to their low costs of manufacturing.
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sure, buy on margin, then maybe we can go into another great depression just like from in the 30's.
xblast196 2 years ago 5
bull testicles
GeGeMus12 2 years ago 4