How To Fail as an Investor

Don’t let the title of this post throw you off, because I’m going to engage you in a bit of reverse psychology.  Sometimes, a great way to do something right is to instead learn how it’s done wrong and then do the opposite.

A few years back, a friend of mine who knew that I was into stock investing asked me if he should get into it as well.  My first suggestion was that he absolutely not, foolishly assuming that Continue reading “How To Fail as an Investor”

A Roller Coaster Only Hurts If You Jump Off

Being an investor in this day and age must be an awful lot harder than it was back in the days before you could simply buy or sell a stock with a few clicks or taps.  Now, I’m not talking about the speed and convenience of online trading – I wouldn’t give those up for anything!  Rather, I’m talking about the temptations that quick trading has introduced.

It’s all too easy for a person to get swept up into the temptation to buy a stock that is surging upwards to new heights.  But even easier is the temptation Continue reading “A Roller Coaster Only Hurts If You Jump Off”

Should You Really Invest In Stocks?

I have a friend who, a few years ago, asked me if he should “get into” stock investing.  At the time, I was still wallowing in my losing ways, “gambling” with stocks as I describe in some of my other posts.  My paraphrased reply was:  ‘No, I don’t think you should.  But if you think you really have to, just do the opposite of what I’ve done and you should do just fine!’

What you’ll also read in some of my other posts is how my once-sinking ship has made a drastic turn-around, thanks in large part Continue reading “Should You Really Invest In Stocks?”