10. Watch out for signs of Market Wrecking:

Intentional Market Wrecking is done by rich and super-rich stock owners. It starts with the sale of some huge block of stock or portfolio. Such a sale will automatically start the entire market on a downward spiral.

The original seller can sop selling after a 5 or 10 point drop, once momentum has been established.

If a long term wrecking is decided upon, as in the 1929 crash, each time the market starts to rally, the rich and super-rich wreckers will sell short on other blocks of stock. Their resources are so great that they can keep doing this for years.

After a while, the frequency of attempted rallies will slow down as the market reaches a point of exhaustion. Margin buyers and those leveraged will be wiped out quite early in this process. Add bank failures, foreclosures on mortgages and other related financial reverses and you can see how a long term depression can be created.

Why would someone do this?
(1) because they can
(2) This is a way the rich and super-rich can remind everyone of the power they wield
3) The people who start this will stop selling early and “ride out” the crash they have created. Once the market bottoms out they can start buying assets at bargain basement prices and the big losers in the crash are all the small investors. Think of this as “A harvesting of the turkeys.”

Remember the words of John D. Rockefeller: “There’s no such thing as an accident. If something happens, you can bet that somebody made it happen.”

Other resume don’ts to leave off

Items which could cause controversy
Avoid listing political affiliation, controversial employers or activities, or religious beliefs. Follow this rule unless you are applying for a political, activist, or religious job.

Personal Information
Listing your age, height, weight, race, ethnicity, or marital status is not necessary. It may provide open invitations for discrimination.

Personal References
Remove personal references from your resume. Use professional references only.

Salary Requirements
Do not mention your salary desire or wage history.

Errors
Check your resume several times for accuracy, consistency, correct use of grammar, and spelling. Stick with a single verb tense.
You and your closest friends/spouse should proofread your resume ON PAPER, not on the screen, to make sure it is error-free.

Avoid Resume “Don’ts” –

Here is a list of the most common errors that annoy human resource departments and head hunters.

1. Spelling Errors, Typos and Poor Grammar
2. Unqualified candidates – candidates who apply to positions for which they are clearly not qualified
3. Missing dates or inaccurate dates
4. Missing contact Info, inaccurate, or unprofessional email addresses
5. Lying and misleading – especially in terms of education, dates and inflated titles
6. Poor formatting – boxes, templates, tables, use of header and footers, etc.
7. Resumes organized by job function as opposed to chronological by employer
8. Unexplained gaps in employment
9. Burying important information in the resume
10. Missing employer information, and/or not indicating what industry in which the candidate worked
11. Too duty oriented – reads like a job description, failing to explain the job seeker’s relevant accomplishments
12. Long, dense paragraphs with no bullet-points
13. No easy-to-follow summary of skills and accomplishments.
14. Long resumes that are greater than 2 pages
15. Resumes written with 1st person references, or in the 3rd person
16. Resume padded with personal information not relevant to the job
17. Meaningless objectives and introductions
18. Poor font choice or style
19. Resumes sent as PDF files, Zip files, faxes, or mailed resumes; i.e. not sent as a WORD attachment, or in the body of an email depending on the stipulated instructions.
20. Irritating Pictures, graphics or URL links to their resume.

8. How you are making money

There is a saying, “You make your money when you buy. Not when you sell.”

This means that if you buy something cheap enough, you can’t fail to make money later when it appreciates and you decide to sell it.

Another idea is this: “It’s not money until you sell it. Until then, it is only marks on paper.” This is particularly true of stocks.

9. The Stock market, if and when to get out

If the market starts to drop, you have 2 basic choices. Get out or ride it out.

Remember that if you decide to get out, sell orders are not executed until the end of the trading day. So if you see a trend you don’t like at 8:05 AM EST and give the “sell” order.

During the day your stocks drop, say, 550 points. You will eat that entire loss because your sell order will be executed at the end of the day at the price of the stock at that time. Not at 8:05 AM EST at the price it was when you first gave the sell order.

A lot depends upon world news, and how you think the market will do over a period of weeks or months rather than on a single day’s performance.

If you are pretty sure there is going to be a long down trend, it is probably best to get out to stop the bleeding and then get back in when it bottoms out.

At the moment, the market is so volatile, it is probably best to dabble elsewhere. And all pointers say that things will not improve for some time to come.

7. Ask other people for advice

Do not be ashamed to ask people for advice or recommendations. Start with the people that you know. Ask friends or colleagues. If you know people who are good in business, approach them. They will be wells of information.

This is because they are probably doing their investing themselves and will know business investments that are really working well for them.

Plus, these people in the industry are the first to know about stock news and gossips; so you will have first knowledge of many of the trends before they hit.

Ask them what’s the latest stock that they bought or what investment opportunities they know that can yield a lot of money.

Even if they are not doing asset management themselves, they can probably mention a couple of companies or investment funds that their managers recommended.

This way, you are benefitting from asset managers’ wisdom and expertise without having to pay a high fee.