INVESTools: Would love feedback/ info/ experience with it.

[natmax178]

I am a student of investools, and have been sticking with it since july of 04. Is it a scam, No, but its alot of money for the education, if you want a reason to talk your self out of it. Is it worth it, i totally believe so, but you need patients to learn the information, but instant success is not out of reach. many student that i have started the program with back in 2004 have made a good deal of money. One guy who is on the informercial Tim Blotzer live in around my area of the SF Bay, and i keep in contact with, traded from 50 grand and a year and a half ago was about 300% on his account. i havnt asked him about the size of his account, since then but I know he doesnt have to work anymore.. as far as the people in the videos you see I know alot of those people and they are really successful. Im still getting there after makin a lot of stupid mistakes, folllow rules if you do go with it! I have made a 1400 return off of 1500, actually did that in december, look at a chart of ATI stock and you can see why so hope that helps out in anyway possible

[natmax178]

also im currently shorting the market trading a 750 dollar position ill tell you how it works out, in the next week to get an idea of what you can do... shorting the market means I make money when the market goes down with a put option on the OEX (S&P100) I love trading, and Ill never stop... its too much fun once you get the hang of it.. but you will loose money too thats part of the process, markets just to smart for anyone, stick with it and youll get it back........ "What if works?" if it doesnt your still stuck with a 9-5 for the rest of your life... hmmm, its up to you.

Believe me i thought the same exact thing that you did when i went to my first class...

[sanjosemike]

DAY TRADING BY ANY OTHER NAME:

Is still day trading. This occurs often during very good markets, and "goes out of style" when the markets enter a Bear cycle.

The biggest complaint I have against Investools and other "schemes" is that they over-encourage you to monitor and trade too often. This is great for the people who get commissions from your trades, but the long term market data has proven this does not work.

All it does is rack up commissions and fees for trades.

The asset allocation model is a general model that works. It is not very interesting and certainly will not provide you with an emotional "high" when the markets explode with enthusiasm.

The people who use Investools are basically gambling. You need to explore your personalities to see if you are this kind of person. If you are, you may have real problem.

sanjosemike

[natmax178]

Wow you really show you know what your talking about, long term charts provide blenty of opportunity so that you do not over trade and can hang in a "investment" over a longer period of time... but I hope you enjoy working for the rest of your life. If your mind cannot open up to accepting wealth you will never be free.

I sure dont mind paying $3 in commision on a 35% return trade, but I guess thats too much still.

[natmax178]

for all who thinks investools is a scam or fake read my last 3 post... hmmm look at the dates look at the dow30 on yahoo.com and tell me if its fake since i have been shorting the market since last week and unless I am a phsycic or have a crystal ball, Iwould be lieing to you... read the dates of my post and look at the market since then oohhh and on that trade with the (OEX) i posted im up 93% in a matter of 5 days... heres the closing numbers for today


yahoo web page under finaince

Symbol Last Change
Dow 12,075.96 Down 242.66 (1.97%)
Nasdaq 2,350.57 Down 51.72 (2.15%)
S&P 500 1,377.95 Down 28.65 (2.04%)

[sanjosemike]

... but I hope you enjoy working for the rest of your life. If your mind cannot open up to accepting wealth you will never be free...."


The securities market is not "set up" for those who want to get wealthy through it. Wealth acquisition is a completely separate topic.

Wealth aquisition is usually obtained by those who own a business and sell it, receive money from OTHER persons' labors, are true (and lucky innovators), aquisition of real estate investments that are held for a good period of time, usually with "value added," rentals, etc.

In fact, I AM retired and did so after my 52nd birthday. My wealth was obtained through the purchase of real estate rental properties, sale of a good profitable business, and finally sale of real estate associated with that business.

It has nothing to do with the stock market.

Under the best of circumstances, the stock market can provide you with a post inflation growth of 8-10%. However, it is NOT a steady growth and never will be. It will be subject to up and downturns as mercurial as our overwhelmingly leftist media.

This is not to say that 8-10% return OVER inflation is a bad thing. It is excellent. However, by itself, it is not intended to provide wealth building.

Most people who get into programs like Investools are struggling to obtain wealth and will grasp at straws to get it.

In fact, the best way to obtain wealth is to read and learn about how those who did it...did it...and still do it.

If you have a steady job, with even a small but highly reliable income, and home ownership, you can parlay yourself into wealth by purchasing reliable rental properties, renting them out and owning them over a long period of years.

Rather than the stock market, you should consider that avenue. It is a proven success model, and excellent opportunities exist RIGHT NOW, due to the real estate downturn.

In the mean time, the market will crash and gain periodically. Statistics have proven that over-trading and trying to "time" the market just doesn't work.

For that reason, Investools will not either.

sanjosemike

[natmax178]

pretty closed minded, well I know a hand full of extremly succesful people, trading & over trading. They are smart enough not be caught in the trap of the market going straight up... as far a a crash, i dont care i pray for a market crash, are you aware while your 401k is reducing value and losing 30-40 % over night, someone is taking in that money. it doesnt leave the market. most people wont understand when a down turn is coming.. and becuase of that they are stuck with mutal funds which wont help them then... they arent brave enough to pull the trigger to place their postiions in bonds.

congrats, I do believe owning a home & other rental properties is a very smart move, i dont discredit that, the market is only 1 aspect of wealth building, but i do not believe its out of reach to understand. with what i learned and seen, its alot easier then dealing with loads of people and paperwork, that comes from the realestate market. but thats could just be a simple matter of opinion if that what has made you free, more power to you.

as far as investool, more then a handful of fellow students, ive kept in contact with are creating wealth from the market and a market set back like whats been happening sure wont hurt them... not when you can short the market. so say what you want until you have given it a try and put all you have into it I dont think you can give an accurate opininon!
"you cant teach and old dog, new tricks"

[sanjosemike]

"as far a a crash, i dont care i pray for a market crash, are you aware while your 401k is reducing value and losing 30-40 % over night, someone is taking in that money. it doesnt leave the market. most people wont understand when a down turn is coming.. and becuase of that they are stuck with mutal funds which wont help them then... they arent brave enough to pull the trigger to place their postiions in bonds. "


Statistics of 90 years of investing has conclusively proven that the mixture of 70% stocks and mutual funds that hold stocks, and 30% bonds is the most powerful tool for the market.

After a crash (which is after all, just a "correction"), the market will rebound when it is time to do so. Crashes, like the one we are seeing now, are just part of that structure.

So the key is to maintain that 70/30% structure in your own investing, and just wait it out. Within that structure, you can purchase and sell those stocks and funds which are not doing what you want, as long as you don't do it too often and over-trade.

When this is done, and you have an appropriate "asset balance" structure, you can expect about an 8-10% over-all return over inflation, which I said in my previous post is excellent in the long term.

However, this "system" is not a gambling model, and there are times, perhaps months at a time, when no sale or purchases are made. This reduces commissions and allows for the asset allocation model to do what you and I expect it to do...provide that 8-10% return.

Then, when you retire, and are say over 60, as I am, you can safely and easily take out 4-5% without risk to principle. Naturally, as you age, say to your 70s, you can take out a larger percentage, and probably should do so.

My concern with Investools remains the same. It promotes "over-trading" and expects too much from the securities industry that it cannot actually provide.

Your point about "money not leaving the market" is partially true. A good company still has value, excellent value, even after its stock is way down...in fact that is the best time to buy MORE of that stock.

But it is vital to stay within the asset allocation framework as you make those selections, and not over-trade. If Investools causes you to over-trade, you are, in my opinion, making a mistake.

For those who want to use Intestools within an AA model, I'd suggest having the discipline to NOT use it, say more than 4 times/year. Then, allow the AA model to do what it is supposed to do...

Providing you with that 8-10% return over inflation.

sanjosemike

[natmax178]

Well, I love what I know about the market, as much as i trade, or over trade, im thankful that investools gave me the education, i recieved... its working for me, and it is 1 way that is giving me time, that I could never get by, working for someone in this crazy world... but anyway a person can find financial freedom, I say go for it...

[vicuob]

Im sharing my courses. email vicuob@yahoo.com if interested. state the title u like to have
1) Investools Basic options DVD + Manual
2) INvestools Advanced options DVD + Manual
3) Investools Advanced Technical Analysis + Manual
4) Investools Currency Trader DVD + Manual
5) Steve Nison Profitting with Japanese Candlestick DVD
6) Steve Nison Secrets to Becoming a Samurai Trader : Advance Candlestick DVD