I hope that what I’m about to share will help you recognize possibly the greatest reason why people lose money in the stock market. If you can overcome this hurdle, I’m confident that you can experience long-term success as a stock investor. Why I’m so confident is because I’ve had to overcome this same hurdle myself not just once, but every time I buy new shares in a stock and often with very good long-term results. One of those times occurred recently Continue reading “The Most Stressful Thing About Buying a Stock”
Being a stock investor had been a relatively exciting ride until a couple of months ago. Until then, the stock market had been on an unprecedented upswing, barely being knocked off course since the bottom of the Great Recession in early 2009. Prior to this current turmoil, the market last underwent a bit of a correction from mid-2015 until early 2016 and had been on a tear until recently.
However, storm clouds have gathered and have been tossing the markets around for a couple of months now, Continue reading “What to Make of the Storm Clouds”
Perhaps the greatest benefit to a person who wants to invest their money in this day and age is being able to access a nearly endless amount of information, analysis, and advice about a multitude of investment types, including stocks. From T.V. resources like Continue reading “A Successful Investor Needs the Right Personality, Not Just the Right Resources”
If there’s one goal I’ve had for this blog all along, it’s to be transparent and honest. That’s quite easy for someone like me, middle class and not a household name. I don’t have to uphold a façade, to pretend as though I have it all together, unlike famous people who are very good at pretending.
And honestly speaking, right now it’s tough for “regular” people like me in various parts of North America. In my part of the continent, Continue reading “Thoughts on the Recent Market Correction”
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?”
My previous post dealt with one of the most vexing questions that the stock investor has to deal with, namely the right time to buy a stock. Now I’ll tackle the other question by listing some ideas about when to sell a stock. Continue reading “What If You Have A Stock That Doubles?”