Sorry, but This Isn't a Bull Market

When we are in a bull market, there is a bit of a lift to everything. Stocks tend to float higher just because that's what everything else is doing. Investors are exchanging cash for stock, and they're not particularly picky because the market is strong. This is the basis for the oft-repeated phrase, "A rising tide lifts all boats." Even the grungy Styrofoam cups floating around the hull of the yacht move up with the tide. 

Well, we're not in a bull market now. I know many like to say we are ... but we're not. The market has been trading sideways since early 2015. Money managers will tell you we're in a bull market, and that you need to let them manage your money. After all, they get a 1.5% to 2% fee for assets under management. They'd like to make you money. But irrespective of how they perform, they're gonna get paid. Of course they'll tell you we're in a bull market! ...649 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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