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.
Category Archives: Uncategorized
How to prepare for a bear 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”
The Royal Rumble With Mr. 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.
The Only Stock Worth Buying
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”
Rich people play the money game to win
Rich people play the money game to win and poor people play the money game not to lose, but it’s a spectrum. I recently read The Millionaire Fastlane when I ran across this principle, but I realized that there is actually a middle ground. It’s for those that are in the getting rich slowly lane.Continue reading “Rich people play the money game to win”
When to Sell Stocks
Just because stock market is up and hitting new all time highs everyday doesn’t always mean it’s time to sell. A good rule of thumb is to sell when all of the four criteria listed below have been met. 1. You need money. Likely a 5 to 6 figure amount or some amount that youContinue reading “When to Sell Stocks”
How to reduce taxes with a taxable investing account.
Earned income is the hardest income to protect from financial predators and we need to do all we can to reduce our tax burden. One of the best ways to do this is to use your taxable investing account as tax efficiently as possible. This article will enable you to do just that.
Basic Principles Of Investing
Shares of stocks or index ETF should be bought or acquired in quantities of 10’s, 100’s and 1000’s of share. There are multiple ways to do this. You could limit the price of each stock or index ETF to $100 and just keep buying and dollar cost averaging until you have 10 shares. You couldContinue reading “Basic Principles Of Investing”
Passive Investor Contract
I wrote about the Investors owners contract in my last post, but this is my version of a passive investor contract that is meant for passive investors that invest in index mutual funds and index exchange traded funds.
The Worse Is Yet To Come
The funny thing is, I could have titled this post “the best is yet to come”, the reason being is that we are in a bubble and I have no idea when or where the top is. But what I do know is that there will be a market crash of epic proportions on theContinue reading “The Worse Is Yet To Come”