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”
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”
A few months ago, a very curious thing started happening with this blog. I started getting regular and numerous e-mail notifications about new followers, all with an @outlook.com e-mail address and mostly non-sensical user names. However, none of them show up in my list of followers and so I’ll call them “mystery followers.” This is a bug of sorts that other WordPress bloggers have noted in forums, but which nobody seems to have an answer for. Allow me to entertain some thoughts. Continue reading “So You’re Following this Blog, Eh?”
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”
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”
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”
Some of you probably looked at the title of this post and thought that by clicking on it you would be led to one of those sites that tries to sell you on some earth-shattering business opportunity. Or maybe one of those Continue reading “How Anybody Can Own a Business”
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”
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?”