The Poor Won’t Get Richer Until They Get Smarter

Although I don’t always trust the credibility of facts and statistics that I see on social media, I saw a recent Facebook post that had a lot of truth to it.  In a nutshell, it illustrated how big-ticket items like a car and home were a few times less expensive a few decades ago when compared to an average person’s annual wage than they are now.  The point:  the spread between what the average person makes and the things that he/she needs or wants to buy is growing larger.  This made me think about Continue reading “The Poor Won’t Get Richer Until They Get Smarter”

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Choosing What to Invest in Does Not Need to be Complicated

When it comes to deciding what to invest in, particularly stocks, people can get easily overwhelmed – especially those just starting out.  Not only are there thousands of stocks to choose from but too many people focus on charts and numbers and the never-ending analysis and advice.  Some of the most successful investors in history, Continue reading “Choosing What to Invest in Does Not Need to be Complicated”

When is the Right Time to Sell a Stock?

In another post, I outlined some ideas on when to sell a stock based on looking at percentages.  In this post, I want to give some other ideas about when it might be a good time to get rid of a losing stock, or one that appears headed for a loss, or one that seems to be going nowhere any time soon. Continue reading “When is the Right Time to Sell a Stock?”

Some Crucial Lessons About Buy-and-Hold Investing

One mantra that everybody even remotely acquainted with investing has heard for many years now is “buy and hold”.  I first learned about it over 20 years ago, but I was too impatient to put into practice plus I didn’t have the right information.  Finally, after ‘seeing the light’ upon learning the right information, Continue reading “Some Crucial Lessons About Buy-and-Hold Investing”

Why Am I Holding on to Some of My Losers?

There is a range of opinions about how to handle a stock that isn’t quite panning-out the way you had hoped.  Some people will tell you to hold on at all costs and for as long as possible if you still believe in the long-term outlook of the company.  Others will advise you Continue reading “Why Am I Holding on to Some of My Losers?”