Divorce Information

Divorce and the Stock Market


The most recent statistics show that about 50% of all marriages end in divorce. It is not very encouraging to enter into any kind of relationship knowing that it only has a 50/50 chance of being successful. Failure at anything is never pleasant, but there is one good thing about divorce. You are now free to try again and hopefully this time you will not make the same mistake.

Now I want you to think about divorce and the stock market. Do you own any stock or mutual funds that are selling for less than you paid for them? If you have owned any equities during this past three years I will be willing to bet you have some losers in your portfolio. Don't you think it is time to think about a divorce, a divorce from a losing situation?

Suppose you sold everything today and put it all in a money market account paying 1%? I know what you think about 1%. Suppose you had dumped those losers 2 years ago and been in cash all this time? Would you be money ahead at 1%? I'll bet you would.

You may be saying you don't know whether this is a good time to sell or buy more. Here in one way to make that decision. Analyze the stock or fund you have. If you would not buy more of it now then the smart thing to do would be to sell. And don't fall for the big Wall Street lie about dollar cost averaging.

Here is another way to determine how and when to sell - let the market tell you. You can place a stop-loss order with your broker for any amount you wish. Say your stock is selling for $20/share. I like to limit my loss to about 10% so I have my broker enter an order to sell me out if the stock drops to $18. If it keeps advancing I raise the stop loss order every week so that it is trailing along behind about 10%. When it advances to $30 my stop would then be at $27. This way I don't have to guess about where to get out. Brokers don't like to do this because they have to watch your account, but don't let him talk you out of it. You don't want to lose everything like you might in a divorce. Limit the damage. If you own mutual funds you will have to watch these yourself as you cannot place a stop-loss order; you have to call the broker to tell him to sell.

When you are in a bad marriage things just seem to get worse and worse. You could lose everything. When you are in a long-term bear market as we are now it is the same. Your financial assets become less and less. At least in the stock market you can limit your losses. Don't call a lawyer, call the broker and get out.

Al Thomas' book, "If It Doesn't Go Up, Don't Buy It!" has helped thousands of people make money and keep their profits with his simple 2-step method. Read the first chapter at http://www.mutualfundmagic.com and discover why he's the man that Wall Street does not want you to know.


MORE RESOURCES:

BBC News

Divorce at 26-year low, unless you're over 60
guardian.co.uk, UK - 4 hours ago
Divorce rates in England and Wales are at their lowest for 26 years, official figures showed yesterday. Office for National Statistics research found the ...
Divorce rate falls to 26-year low Times Online
Divorce at lowest rate for 26 years The Press Association
Divorce rate lowest for 26 years BBC News
Divorce Diva - Telegraph.co.uk
all 93 news articles


Divorce stalks Katrina survivors
CNN - 12 hours ago
But what's really agonizing for him is that his wife of 16 years says she is considering a divorce. Watch their difficult living situation » "My whole life ...


Divorce rates drop in Australia
The Age, Australia - 19 hours ago
Australia is experiencing a marriage "renaissance" with figures showing divorce rates have had their biggest yearly drop in two decades while marriage rates ...
For a happy marriage, get cashed up NEWS.com.au
Australia's divorce rate tumbles Daily Telegraph
all 22 news articles


After Divorce Trend, More German Couples Stay Married
Deutsche Welle, Germany - 14 hours ago
Divorce is down ever so slightly, reflecting a trend over the last few years. Couples also stay together longer before severing the knot. ...


Death, divorce and catalogue shopping
Financial Times, UK - 2 hours ago
By Isabel Berwick Being 40 or thereabouts is suddenly fashionable. It’s the life crisis of choice for the writers and programme makers who have grown up ...


Complaint says judge got special deal
Minneapolis Star Tribune, MN - 21 hours ago
Timothy Blakely might have sent business to his lawyer and later received a markdown of $63503 on his divorce. By ROCHELLE OLSON, Star Tribune Homicide map: ...
Dakota County / Judge denies divorce fee deal Pioneer Press
Minnesota judicial board alleges wrongdoing by Goodhue County judge Post-Bulletin
Minn. board alleges wrongdoing by judge West Central Tribune
all 25 news articles


Etsu Nupe, others order Bello to divorce 82 wives
The Punch, Nigeria - 23 hours ago
... the country on Thursday ordered a preacher with 86 wives, Mallam Abubakar Bello, to divorce 82 of his wives or vacate the Bida Emirate within two days. ...
Divorce 82 wives or leave Nupe land - Monarch tells man with 86 wives Nigerian Tribune
Nigeria: Etsu Nupe Threatens to Banish Man With 86 Wives AllAfrica.com
all 3 news articles


Goodhue County judge got special deal in divorce, complaint says
Minneapolis Star Tribune, MN - Aug 28, 2008
A Goodhue County Judge improperly received a $63503 discount on his $108876-divorce in exchange for directing mediation business to the lawyer who handled ...


This is London

Billionaire Tory party treasurer faces Britain's biggest divorce ...
This is London, UK - 4 hours ago
Billionaire Tory Party treasurer Michael Spencer, one of Britain's wealthiest men, faces the prospect of a record divorce payout after the breakup of his ...
Tory treasurer and wife split after 25 years Times Online
Icap boss Michael Spencer and wife separate Telegraph.co.uk
City tycoon Michael Spencer's £1bn break-up This is London
all 8 news articles


Andhara files for divorce
Jakarta Post, Indonesia - Aug 28, 2008
JAKARTA: Model-cum-actress Andhara Early, playmate for the first edition of Indonesian Playboy magazine, has filed for divorce against Cesa David Lukmansyah ...

Divorce - Google News

home | site map
© 2006