I recently wrote a post titled Rule # 1 of investing. The # 1 rule is to never lose money and you accomplish this by investing in assets that have a low probability of losing money. You have to focus on defense first. This can only be done by knowing where the safe investments are.Continue reading “Defensive Investing”
I am a huge fan of Robert Kiyosaki’s cash flow board and online game. The cashflow game is a wonderful way to learn about investing and cash flow. Realestate investments adds to the income portion of your financial statement by increasing your cashflow. Stocks does not, unless you are receiving dividends, but the dividends fromContinue reading “How To Use Leverage”
How many different ways can you make at least $100 a day? Making $100 a day on average is making about $3000 a month. In order to make $3000 a month you have to make about $20 an hour. You can make $100 a day/$3000 a month day trading, selling covered calls, working a nineContinue reading “How to become a millionaire with $100 a day”
The core of your portfolio should be a total stock market index fund or S&P 500 fund. This fund is relatively stable and won’t drop as much as some individual stocks. You could include utility stocks and communications stocks in this category as well, but these large cap index funds are composed mostly of largeContinue reading “Where Index funds belong in your portfolio”
Investing is not just about making money. It’s about making more money than you lose. One of Warren Buffet’s famous quote is about rule #1 of investing which states never lose money. This is true under certain conditions and investing strategies, but every one knows that if you invest in 10 individual stocks, 5 mayContinue reading “Rule # 1 of Investing Debunked”
Passive income is indeed real and in this article I want to discuss the differences between active and passive income and how to obtain passive income. Active income is obtained by trading time for money and passive income is achieved by trading minimal to no time for money. I call trading minimal time for moneyContinue reading “How to Generate Passive Income”
This post is about dollar cost averaging (DCA) vs. the marvelous time spent in the market. You see time in the market and dollar cost averaging are two of the greatest strategies used to build wealth in the stock market.
Let me just clarify some terms. A correction is a decline of 10% or greater in the price of a security, asset, or a financial market. Corrections can last anywhere from days to months, or even longer. A bear markets occur when prices in a market decline by more than 20%, often accompanied by negativeContinue reading “How to prepare for a bear market”
There are so many recommendations, stock tips and forecasting in the market right now that it will make your head spin. What is needed more than anything right now is patience and persistence. Stick to your investment plan and maintain your emergency fund.
As the bull market rages on, hot stock tips can be found on every corner and new IPO’s are coming out on a daily basis. Millions of dollars are flowing into the stock market daily. Let the good times roll. You may call me a permabear or a pessimist, but I’m very concerned about buyingContinue reading “The Only Stock Worth Buying”