My ‘new’ lawnmower would not start today. I bought it on eBay a couple of weeks ago. ‘Starts well’ was the highlight of the advert, so I placed my bid…. and won! It seems that the spark plug was loose, so there was a lack of compression in the cylinder creating the starting problem…. according to my son! Getting started can be a problem for investors too. We want to know what is best to invest in, and so we agonise over the fine detail, and don’t do anything. The approach that I am using assumes that I do not know what the future holds for any of the asset classes (shares, property, gold, commodities and bonds).
I buy an asset class when it is rising, and exit the asset class when it falls beyond a certain point. Conceptually simple, but it can be difficult to follow the rules, even when the rules are simple, because of the emotions of fear and greed.
This week I have a signal to buy one of the asset classes. Which one is it? You’ll have to watch the video to find out![embedyt] https://www.youtube.com/watch?v=TJUMaRy4M64[/embedyt]
Having a simple trading system has enabled me to participate in investing in a variety of different asset classes. I don’t attempt to predict which asset classes are going to do best in the future, I simply follow the trend in each asset class. It makes it easy for me to get started! My Trendfollower Facebook page is here. Please do 'like' it and help spread the word. Thanks!
I’ll be making my investment on Tuesday, because of the Bank Holiday. I hope you enjoy the extra day off!