The Best Investment Advice and Stock Picks for 2006

Everyone is trying to give advice on what to dofees (some even give you a discount so it
with your money. There are numerous shows,actually ends up paying you just to invest - I like
infomercials, etc... Many charge a lot of moneythat). Exxon Mobil (XOM) and Cross Timbers Oil
and make huge promises and then you find out itCo. (XTO) are hot oil DRIP's. XTO has
was a scam, bad advice, etc... I am going to showexperienced a more than 1200% growth in the
you how I averaged 187% returns on all mypast 3 years. Buy it. You need to have a good,
investments last year and over 500% for the lastsolid play in the oil, energy sector. They don't
3 years. I will tell you how to prosper in 2006 andhave the best dividends, but with their growth
make it your best year ever. And the best thingwho cares? I also recommend buying natural gas
is I won't charge you a penny. This is for real and- Piedmont Natural Gas (PNY) is the steadiest,
all my advice is easily verified. Make 2006 yoursafest player in this field. Great dividends and rock
best year ever!solid - it won't give you the gains of XTO but will
1. Fire your commision based financial planner. Getaverage out some of the peaks and lows. Buy it.
a fee-based financial planner (look them up onRemember to get diversified so find a financial
Google). Commission based like Prudential,DRIP like Banco Popular (BPOP) - a great spanish
American Express, Allstate, etc... are only going tobank ripe for a takeover that pays great
show you products that give them fatdividends.
commisions. In otherwords you will not get the7. For instant diversification, steady growth and
help you really need. And a lot or all of yoursolid dividends use an ETF (Exchange Traded
earnings will be negated and squandered on theseFund). Unlike mutual funds, etf's can be traded
heavy commissions. You need a non-biasedthroughout the day just like stocks. Choose an
financial planner who will find you the bestETF that tracks a major or minor stock index
investments regardles of what company has(for better diversification). I recommend IJR - it
them. Fire your commission based financial planner.provides the best growth and dividend return of
2. Never ever buy whole life insurance! It isthe ETF's. Buy IJR. Remember do not put more
basically a big money maker for the agentthan 20% of your investment portfolio under any
(commissioned financial planner) - it is their highestone stock or ETF - diversification is the key to
commission product - why do you think theyamassing great wealth.
push it so hard? Two words are all you need to8. Learn that no matter how hard you work for
remember - TERM LIFE! Buy term for twentysomeone else you will never be paid what you
years. You will save a ton and it is dirt cheap! Putare worth. You will only be paid what you are
your life in gear and you won't have to worryworth when you realize this and decide to go into
about anything after those twenty years.business for yourself. Do your homework first
Remember term life good - whole life bad.and pick something you like that can be turned
3. Learn to stop impulse buying. If you can'tinto a moneymaker. Remember 70% of new
afford to pay cash don't buy it. Tear up yoursmall businesses fail mostly due to poor planning.
credit cards except for one emergency card. TheYou will make mistakes, we all do, but its how
only purpose of a credit card is to make hugeyou interpret those mistakes and what you learn
profits for the bank or store that gave you thatfrom them that makes the difference.
card. If you have debts get a plan together to9. Whatever your religion, pray and read your
get them paid off. A fee based financial advisorbible. If you trust and have faith in God you will be
can help you with this. Remember, accessoriesprovided with what you need. The steps above
don't make the man, owning your own home andwill provide you with financial freedom and wealth.
being financially independent does.If you let him, God will provide you
4. Take 10% of your disposable income andwithunderstanding, happiness, meaning to life and
invest it - pay yourself first - it works. If you canless stress. Studies have shown that people who
arrange for your employer to take it out of yourpray and have faith are healthier and live longer.
paycheck or otherwise make it automatic that isWhat good does all that money do if you can't
best. If you don't see it, you won't miss it. If yourenjoy it and help others with it? Volunteer. Be a
employer has a 401K program max it out.Big Brother. Help others out. Once you have
Especially if they have a percentage matchbecome successful please help others to do the
contribution - thats free money. $50 here and asame. Pray, read your bible and volunteer.
$100 there may not seem like much, but it willThere you have it - if you follow this advice you
compound fast. And the larger your investmentswill undoubtedly be well on your way to financial
get the more they will make. Ther rich learnedfreedom and happiness. And there's more easily
that they can only earn so much themselves, butproven and helpful advice here than in all those
their money can gro to the point where it willinfomercials and books you see on TV like no
earn far more than you could ever earn. Getmoney down realestate, the greatest vitamin,
started saving and investing.paytrading, etc... Fire your commissioned
5. Switch your auto insurance to Progressive -investment advisor. Stay away from Whole Life
Regardless of what the commercials say they areand only purchase Term Life - you will save
the lowest price, best service, and best deal -tons.Learn to pray and read your bible. Do
period! Do you think your local agent and thoseyourself a favor and print this out. If you care
paid endorsers work for free - they get paidabout your friends give it to them. Put it in your
from your higher fees and commissions (it has toemail lists. If you believe in helping others and
come from somewhere). Remember it adds up -making the world a better place then pass it on
an extra $200 - $800 saved per year from yourto everyone you can. These ideas and stock tips
insurance invested correctly will be worth $20,000will provide you and everyone else with solid gains
really fast.for years and a greater chance at financial
6. Invest in DRIPs - Direct Reinvestment Plans.freedom. The best thing is it didn't cost you a
Many of the top companies have these and itcent.
allows you to invest for very low or no trading