Archive for September, 2007
Investing is all about managing risk, reward, and choosing the best locations to grow your money. Sometimes in the path towards successful investing you encounter a few speed bumps that hinder your performance. Other times, you run into a hurdle that knocks you flat on your ass. Significant losses to your portfolio are something every investor experiences atleast once, but not every investor recovers from. If you plan to be a successful investor, you need to learn to cope with these losses so that you can be able to recover and revive your underperforming portfolio. Here are ways you can cope with significant money losses in your portfolio:
September 29th, 2007 | Posted in General Investing, Investing Psychology | 1 Comment
I just watched the movie “The Secret”, and my oh my was I disappointed in both the creators and the supporters of this movie. The movie basically takes the simple concept of “stay positive, be passionate about what you desire, and apply yourself to find ways to achieve your desires” and drags it out into a ridiculously long movie that claims all you need to do is wish for something and it will come true. No further detail went into explaining how this miraculous event occurs, instead they just gave ludicrous examples of “the secret” in action.
September 24th, 2007 | Posted in General Investing, Investing Psychology | 1 Comment
Emotions are the handicap of the novice investor. They hinder your rational thought process and increase your chance of failure. So it should be obvious that you’ll need to ignore your emotions if you ever want to make a profit while investing. Here are some quick ways you can become as cold as ice and invest emotion-free.
September 17th, 2007 | Posted in General Investing, Investing Psychology | 1 Comment
Investor, businessman, motivational speaker, and author Robert Kiyosaki wrote an instant classic with his book “Rich Dad, Poor Dad”. In it, Kiyosaki describes the unique difference in perspectives between his poor father and his best friend’s rich father. The book explains why the average middle class person is usually financially troubled even if they are highly educated and work hard, driving home the idea that the poor work for their money, while the rich make their money work for them. Kiyosaki goes on to explain why it is so important to build assets and get rid of your liabilities.
September 12th, 2007 | Posted in Product Reviews | 2 Comments
Every investor has their own strategies, methods, and techniques to achieving success. Though despite these differences, all successful investors share the same distinct traits which truly separate them from the herd. The five traits of a successful investor are:
September 12th, 2007 | Posted in General Investing, Stock Market Investing | 2 Comments
I found this amusing comic strip while browsing the web.
You can find more by this comic writer at his website toothpastefordinner.com.
September 12th, 2007 | Posted in Humor | 2 Comments
The Stock Market is a significant entity of our society that seems to have too much ignorance surrounding it by the non-investing individuals. The intention of this mini-series entitled “Introduction to the Stock Market” is to enlighten the average individual with no background or knowledge in the investing world.
September 8th, 2007 | Posted in General Investing, Stock Market Investing | No Comments
Most people would argue that you’re either an investor or a trader. However I would argue that an investor can possess characteristics of a trader while still maintaining the core attributes of an investor. The definition of an investor or trader shouldn’t be relative to a time period. If you invest in a stock for only a few days, this shouldn’t mean you are automatically a trader.
September 8th, 2007 | Posted in General Investing, Stock Market Investing | No Comments
It is important when viewing this article to keep in mind that no one can truly know if and when a stock market correction or crash will occur. However, it is entirely possible to spot the signs of a coming correction or crash, and this article will show you how to assess the current market to help you decide whether you should stay in the market, short the market, or stay out of the market.
September 1st, 2007 | Posted in General Investing, Stock Market Investing | 9 Comments
The investing industry is one that is plagued with a history of deceit. Forunately for the average investor, the Securities and Exchange Commission is there to protect us from these deceitful companies. Public companies that you can invest in are required to report important documents of information to the SEC so that this information is public and there is transparency in the market. Without this requirement, public companies could claim they have high revenues when they don’t, and anyone invested in that deceitful company would find their stock worth nothing when it became known that the company is just a shell, producing little to no revenue. If this sounds scary to you, then this is exactly what you’re getting when you invest in penny stocks!
September 1st, 2007 | Posted in General Investing, Stock Market Investing | 5 Comments