SHREVEPORT, La., April 29, 2007 (PRIME NEWSWIRE) -- Investors who want to make money this year need to trust truth, not the usual myths spread by mainstream wall street.
"Investors may recall the reasons they were told to buy stocks last year: Housing was not a real issue, consumers would keep spending, there was no inflation, the dollar's value would not keep dropping, companies would report another year of double-digit earnings, and GDP would rise," recalls Don Harrold, the most-vocal friend of the "little guy" investor, and founder of http://www.donharrold.net.
"At http://www.donharrold.net, we warned investors not to believe those myths. Moreover, we gave investors specific strategies that would put money in the bank accounts of smart investors," adds Mr. Harrold.
"When the market dropped the hammer on 'unsuspecting' investors in February, we were unfazed. Our members were prepared and made money," asserts the money-making stock guru.
"The reasons investors were told to buy stocks last year are all either proven false or on their way into the land of myths and legends," chortles DonHarrold.net's Chief Stock Analyst.
"Housing problems continue to spread into the larger economy, the dollar's value is at either all-time or historic lows against all major currencies around the globe, Friday's GDP report showed inflation rose again (with a drop in productivity causing many to assert the U.S. economy is in the midst of another round of 'stagflation' -- where prices rise and productivity and growth do not) and even the most-bullish pundits no longer look for 'double-digit' growth for profits this year," adds the self-styled economist.
"We suggest that investors begin to ask serious questions about the stocks they own. More importantly, though, is that investors need to ask, 'why' they own stocks. If the answer is for any of the reasons mainstream wall street stated last year, our warning is that investors should look at the facts, trust their own intuitions, and either find new reasons to hold their stocks, or move out of stocks they bought last year," concludes Mr. Harrold.
"If an investor wants to make money this year they need to use the free, unbiased research we provide. We offer a fun, easy, and simple way to bust the myths, yarns, and purposeful-untruths spread by mainstream wall street," proclaims the confident stock-picker.
For a free, entertaining, and more in-depth look at the U.S. markets -- and ways to make money in any environment investors should go to http://www.donharrold.net now.
About DonHarrold.net: DonHarrold.net is a stock research firm. Their daily commentary is regular and distributed worldwide. They do not accept third-party compensation to make stock suggestions.