Investing In Today’s Economy

I hear a lot of people ask about investing in today's economy. The stock market today has a long history of chugging through recessions, depressions and wars. Outside influences like the economy and others definitely do affect the market's value. However, some of the best stock market investing gains have happened over the past year. You can't let the media or your stock broker tell you when is a good time to invest. You have to let the market tell you.

I'm kind of a conspiracy theorist myself because I believe that the market is manipulated. The last people to know the news that affects the stocks we might have, is us. However, if we are keen to watching the market and reading what the overall market trend is, instead of listening to others tell us what they think, we have a much better chance to make money from it. You've got to learn to do what they do and not what they say.

You've got to develop a habit of tuning out the talking heads and start analyzing the data yourself. You've got to get into the habit at looking at the market averages daily. What did the Dow, the NASDAQ, the S&P 500 do today? Did they go up or down? What was the volume compared to the previous day. Only when you start looking at the numbers in black and white yourself, will you know whether today's economy has any effect on the market.

Because I can tell you for sure that, the media, your broker and the big money on Wall Street will tell you to get in when they are getting out.

Call me a skeptic. I know. But, I know from listening to Jim Cramer and just watching the news that the stocks they "advertise" to us are just that, promotions to help them find buyers.

Ride their coat tails, study the market. When the market tells you it's in an upturn, that's your cue to get in. When the market tells you to get out, that's what you got to do. Let the market be your guide and don't worry about the economy. Invest when it tells you to.