Literacy in Finance / Giving Back

[Montell Currin Jr]

Giving back to the community creates pleasure.  It demonstrates achievement, and that there is something to give to those that find understanding, which creates value. The poem by Quaker Missionary, Etienne de Grellet (1773-1855) engulfs my feelings: "I shall pass this way but once; any good that I can do or any kindness I can show to any human being; let me do it now.  Let me not defer nor neglect it, for I shall not pass this way again."

It has given me pleasure to share my skills of successfully investing in the Stock Market.  The Stock Market is a subject that must be discussed, charts must be explained and showed that anything is possible, if you know what you are doing.  This information is not taught around the kitchen table, nor is it taught in high school or most colleges, it is gotten from specialized sources.  Being a Merrill Lynch and Prudential Securities Stock Broker gave me the opportunity to gain these skills that I choose to share with you. Empower yourself because the stock market should be traded with your head, not your heart.

The market is a rational judge of a company's worth; investors set prices for thousands of stocks.   It is not a mechanical market, it's human.  Investors emotions are on display every day.  Shrewd investors don't let feelings rule their decisions.  They use a time proven system and stick by it's rules.  You must guard against emotions to succeed with growth stocks.  Buy high, not low is a market paradox that  successful growth investors follow.  The best stocks spend time near their highs before launching price moves.  Many great stocks were within 5%-15% of their previous peaks before breaking out and savvy investors know that's the best time to purchase a stock.

Buying a stock when it leaps to new highs will seem trivial if it goes on to make many such highs.  But don't chase a stock that  climbed more than 5% from its base.  It will be extended and prone to a pull back.

Montell