Bull market. Recession. Scandal. The latest economic trend.
The financial media is built around the idea that you can successfully time the market. The hundreds of prognosticators more than happy to tell you (and everyone else) what to buy and sell and when to do it.
But there’s a problem with this premise. The ideal time to [...]
Q: I’ve invested in my 401k for 11 years now and have experienced many ups and downs, but I didn’t do much research when I started. What’s the best way to invest for retirement?
A: You’re right to step back and start anew with a more methodical, researched approach. I’d recommend you read a good investing [...]
Have you ever wondered how to get rich investing in the stock market?
Would you like to know how the most successful investors made their fortunes?
Are you confident you can accomplish anything you set your mind to?
If you answered yes to all of these questions, relax, you’re normal.
Unfortunately, you’re also probably on the path to financial [...]
Last time we talked about stock ownership and how it’s different from gambling, but that risk still remains.
In particular, the risk that your companies may go out of business, leaving you with stock worth little more than used lotto tickets.
This is a very real risk. Fortunately there is a reasonably safe solution. But first, lets [...]
When I hear this question, occasionally I am tempted to respond ‘what is gambling’?
This isn’t just a flippant response—it is that—but it is also useful for clarification.
One definition of gambling is the attempt to win against overwhelming odds, essentially hoping that you’ll receive an over-sized pay-out.
Of course, gambling comes in a variety of forms from [...]
