After several months of constant editing and technical challenges, Stock Power (The Novel) was published by Infinity Publishing on Friday, May 30 2008.
Stock Power is commercial fiction (based on the author's life) about a stockbroker who earns the trust of hundreds of investors and acquires a comfortable lifestyle until his morality begins to drift. Ambition and greed set the stage for a horrible termination to his career.
The book is in paperback format only, at present, and is more than 500 pages in length. Price: $23.95.
Stock Power can be purchased at the Publisher's website from its BuyBooks bookstore. To locate the book, please use the following link:
http://www.bbotw.com/Search.aspx?kw=stock%20power&typ=Title
You may also visit the website that is dedicated to the book at:
http://www.stockpower-thenovel.com
Enjoy!
Bill Hudley, Author
Saturday, May 31, 2008
Thursday, May 29, 2008
How to Avoid Blaming the Market for Your Losses
Invest smarter. There are at least two ways to achieve better results with your investments.
The first is to resist the mindset that makes you think your financial future is at the mercy of the stock market.
The second is to never EVER assume an investment will go back up because it is down 20-50% or because someone told you it will go up.
Try to understand that the phrase “long term” has a different meaning today than ever before. Hoping that the stock market will bail you out from your losses is a lot like sitting at a train station, waiting for a train that has been rescheduled for another time, only you never picked up an updated train schedule.
I was sitting in a health care provider’s office this week and could not help overhearing a patient’s conversation on her cell phone with her broker. My antenna always responds to words like, “how much did I lose?” or “I’m not worried, this is for the long term”. So, in other words, she’s in her car traveling west from New York on Rte. 80 in reverse gear; and it’s not a problem because she doesn’t need to be in Chicago until next month!
I have said it 100 times or more that an inordinate number of investors, quite like consumers, are brainwashed. College funds and retirement funds are objectives for the future, and for several unfortunate reasons, there is no real urgency about the present values of these accounts. This is a horrible shame.
Only a minority of investors are award that the Standard and Poors 500 index, which tracks the market value of 500 mid-to-large size companies, is down 9.5% for the past twelve months. A large number of mutual funds have a similar track record, regardless of their popularity. This is to say you would probably have more capital if you had parked your money in a money market account, instead of an index fund or a growth fund, for the past year.
A cheerful side to this report is that you can find growth and fixed income investments that outperform the market indices by a mile. Here are just a handful of stocks and closed-end funds that can get your portfolio headed in the right direction for your so-called long term investment plan.
McDonalds (NYSE - MCD) - up 15% since June 2007
Capstead Mortgages (NYSE – CMO) up 26.6% since June 2007 (does not incl. dividend)
Annaly Capital Management (NYSE – NLY) – up 22.4 % since June 2007 (dividend not included)
Regardless of the false reports you get and the misstatement heard around the market place, investors will find excellent opportunities to grow their money and be better prepared for the terminus to that life long plan they hold so dearly.
You’re welcome!
Bill Hudley
The first is to resist the mindset that makes you think your financial future is at the mercy of the stock market.
The second is to never EVER assume an investment will go back up because it is down 20-50% or because someone told you it will go up.
Try to understand that the phrase “long term” has a different meaning today than ever before. Hoping that the stock market will bail you out from your losses is a lot like sitting at a train station, waiting for a train that has been rescheduled for another time, only you never picked up an updated train schedule.
I was sitting in a health care provider’s office this week and could not help overhearing a patient’s conversation on her cell phone with her broker. My antenna always responds to words like, “how much did I lose?” or “I’m not worried, this is for the long term”. So, in other words, she’s in her car traveling west from New York on Rte. 80 in reverse gear; and it’s not a problem because she doesn’t need to be in Chicago until next month!
I have said it 100 times or more that an inordinate number of investors, quite like consumers, are brainwashed. College funds and retirement funds are objectives for the future, and for several unfortunate reasons, there is no real urgency about the present values of these accounts. This is a horrible shame.
Only a minority of investors are award that the Standard and Poors 500 index, which tracks the market value of 500 mid-to-large size companies, is down 9.5% for the past twelve months. A large number of mutual funds have a similar track record, regardless of their popularity. This is to say you would probably have more capital if you had parked your money in a money market account, instead of an index fund or a growth fund, for the past year.
A cheerful side to this report is that you can find growth and fixed income investments that outperform the market indices by a mile. Here are just a handful of stocks and closed-end funds that can get your portfolio headed in the right direction for your so-called long term investment plan.
McDonalds (NYSE - MCD) - up 15% since June 2007
Capstead Mortgages (NYSE – CMO) up 26.6% since June 2007 (does not incl. dividend)
Annaly Capital Management (NYSE – NLY) – up 22.4 % since June 2007 (dividend not included)
Regardless of the false reports you get and the misstatement heard around the market place, investors will find excellent opportunities to grow their money and be better prepared for the terminus to that life long plan they hold so dearly.
You’re welcome!
Bill Hudley
Sunday, May 18, 2008
Lucky For You, Michelle Obama, There Is Still Time!
I am a Chicago born African American male in my early 70s. I have had the great fortune of seeing most of America, either because of business interests or through personal travel. In both cases, I have enjoyed the mutual benefit of knowing a broad spectrum of people from various strata in this country.
Your academic achievements obviously outshine mine by several light candles, and I am sure you worked extra hard to earn your credentials. You're also quite charming. But those are all the virtues I can see, judging from your public appearances. There’s always the chance that a personal acquaintance would alter my current impressions of you.
In a word, I feel badly that your outlook and opinions of life in these United States appear to be bleak and uninspiring. If I were asked, I would say your expressions should be restricted to helping individuals of all racial backgrounds see the promising opportunities available to every citizen of this nation. Lack of justice in this country should never be an excuse for denying ourselves the advancement that comes from optimism and hard work.
I don’t wish to brag about my modest achievements. Yet, I am compelled to mention that, in 1970 I began my career as entrepreneur and business owner in the heart of Manhattan. My clients were representatives from Fortune 500 companies from various parts of this country.
During the last twenty years, I changed careers and became a stockbroker and investment advisor to dozens of wealthy individuals throughout the United States. The rest of this story can be found in my forth coming novel, “Stock Power”.
To call this country ‘mean’ is a conspicuous misnomer. I believe your attitude implies that you have not been able to accurately interpret the conditions for breaking the ranks and competing for a prize that is only available to people who are willing to make sacrifices. I further think it is naïve to think America is not a nation of free-thinking, progressive minds that tend to see the glass as half-full, instead of half-empty.
We blacks have suffered from racial bias for centuries and will continue to be hindered by the color of our skin. Yet, I worry that you, along with thousands of African Americans, have a viewpoint that is more detrimental than any external social stigma. Presenting this country’s faults to the public in terms of fear and contempt is a dangerous, counter-intuitive and wasteful exercise that I sincerely hope you will recognize as one that needs to be abandoned.
Your mission, should you decide to accept it, is to compliment Mr. Obama’s campaign and not detract from it by voicing inappropriate statements that don’t make sense. You are at an enviable age that allows you time to step back, or go to a higher plane, where you can refresh your perceptions enough to see the horizon of a society that has encompassed a history of growth as well as degradation.
I believe you have time and the responsibility to add value to our country by being the visionary you can be without the unwarranted prejudice.
May God bless you and the Senator.
Bill Hudley
Your academic achievements obviously outshine mine by several light candles, and I am sure you worked extra hard to earn your credentials. You're also quite charming. But those are all the virtues I can see, judging from your public appearances. There’s always the chance that a personal acquaintance would alter my current impressions of you.
In a word, I feel badly that your outlook and opinions of life in these United States appear to be bleak and uninspiring. If I were asked, I would say your expressions should be restricted to helping individuals of all racial backgrounds see the promising opportunities available to every citizen of this nation. Lack of justice in this country should never be an excuse for denying ourselves the advancement that comes from optimism and hard work.
I don’t wish to brag about my modest achievements. Yet, I am compelled to mention that, in 1970 I began my career as entrepreneur and business owner in the heart of Manhattan. My clients were representatives from Fortune 500 companies from various parts of this country.
During the last twenty years, I changed careers and became a stockbroker and investment advisor to dozens of wealthy individuals throughout the United States. The rest of this story can be found in my forth coming novel, “Stock Power”.
To call this country ‘mean’ is a conspicuous misnomer. I believe your attitude implies that you have not been able to accurately interpret the conditions for breaking the ranks and competing for a prize that is only available to people who are willing to make sacrifices. I further think it is naïve to think America is not a nation of free-thinking, progressive minds that tend to see the glass as half-full, instead of half-empty.
We blacks have suffered from racial bias for centuries and will continue to be hindered by the color of our skin. Yet, I worry that you, along with thousands of African Americans, have a viewpoint that is more detrimental than any external social stigma. Presenting this country’s faults to the public in terms of fear and contempt is a dangerous, counter-intuitive and wasteful exercise that I sincerely hope you will recognize as one that needs to be abandoned.
Your mission, should you decide to accept it, is to compliment Mr. Obama’s campaign and not detract from it by voicing inappropriate statements that don’t make sense. You are at an enviable age that allows you time to step back, or go to a higher plane, where you can refresh your perceptions enough to see the horizon of a society that has encompassed a history of growth as well as degradation.
I believe you have time and the responsibility to add value to our country by being the visionary you can be without the unwarranted prejudice.
May God bless you and the Senator.
Bill Hudley
Saturday, May 10, 2008
Can You Double Your Money In The Next 6 Years?
It's definitely possible. Performance is key (on the part of an accredited investment professional, that is).
A woman asked me if it was possible for her to retire before she's 70. I asked her what her financial goal was. She told me she would feel comfortable with an income of $45,000 per year but that she wasn't sure about how long it would take her to reach that goal.
After a preliminary analysis of her current finances, I calculated that she would need twice the money she has now in order to retire. I told her about a simple, proven strategy that would help her grow her money in time for the 70th birthday, which happens to be six years from March 12, 2008.
The magic number for the average average return on the new strategy is 12% per year! Obviously, this is not your typical portfolio performance these days; but if the return is achieved, my client can change her employment status in 2014.
Hint: No Mutual Funds!
There isn't much chance of an employee getting satisfaction from mutual funds [found in 401(k) plans] over the next three to five years. The broad markets are too soft. In addition, fees charged on managed money absorb too much of the return on investment. If you ask the right professional - not your hair stylist or mail carrier - you can get good information on how to earn an average annual return of 10-12% on your money, starting today.
No kidding!
Bill Hudley
A woman asked me if it was possible for her to retire before she's 70. I asked her what her financial goal was. She told me she would feel comfortable with an income of $45,000 per year but that she wasn't sure about how long it would take her to reach that goal.
After a preliminary analysis of her current finances, I calculated that she would need twice the money she has now in order to retire. I told her about a simple, proven strategy that would help her grow her money in time for the 70th birthday, which happens to be six years from March 12, 2008.
The magic number for the average average return on the new strategy is 12% per year! Obviously, this is not your typical portfolio performance these days; but if the return is achieved, my client can change her employment status in 2014.
Hint: No Mutual Funds!
There isn't much chance of an employee getting satisfaction from mutual funds [found in 401(k) plans] over the next three to five years. The broad markets are too soft. In addition, fees charged on managed money absorb too much of the return on investment. If you ask the right professional - not your hair stylist or mail carrier - you can get good information on how to earn an average annual return of 10-12% on your money, starting today.
No kidding!
Bill Hudley
Saturday, May 3, 2008
Stock Power (The Novel) Soon To Be Released!
For many months, I have been planning, plotting, pushing and predicting the advent of my first novel, Stock Power. After reviewing its latest proof, I can safely say the book will be published by May 30. The event will herald the beginning of a new future for this author as well as dozens of my readers.
Stock Power was inspired by a series of difficulties that I encountered, beginning with my dismissal from the investment industry. It took me nearly four years to complete this work, not having the resources to hire administrative assistance before arriving at the editing stages. In a few weeks, I sincerely believe readers of my book will cheer and jeer Bill Haydon as he struggles to with his personal conflicts in the world of finance.
Please stay tuned to this blog for interesting short stories and opinions related to current events, particularly the stock market, which is my forte. For an advance introduction to my book, please visit: http://www.stockpower-thenovel.com
Stock Power will definitely provide entertainment and possibly enlightenment on what it means to be rich.
Thank you.
Bill Hudley
Stock Power was inspired by a series of difficulties that I encountered, beginning with my dismissal from the investment industry. It took me nearly four years to complete this work, not having the resources to hire administrative assistance before arriving at the editing stages. In a few weeks, I sincerely believe readers of my book will cheer and jeer Bill Haydon as he struggles to with his personal conflicts in the world of finance.
Please stay tuned to this blog for interesting short stories and opinions related to current events, particularly the stock market, which is my forte. For an advance introduction to my book, please visit: http://www.stockpower-thenovel.com
Stock Power will definitely provide entertainment and possibly enlightenment on what it means to be rich.
Thank you.
Bill Hudley
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