Emotional TradingOnce each month you should be checking to see if your various stocks are advancing as planned. Forget all those pretty research reports your broker sent you. Burn them. Now you must not care anything about that company. What you care about now is your money. As long as the stock price is advancing you may continue your love affair, but when it starts down it is time for a divorce. Time to leave before the damage gets worse. [More] | Is Accumulating a $1,000,000 Net Worth Easy? Yes and NOEven if you take the first action step, your ability to sustain enough motivation to meet your goal may soon disappear after a few months or possibly after a few days. Until you create and internalize a 'compelling reason' (true desire) to meet a specific goal, it will be difficult to meet your goal. You have to make this desire a 'must-have' instead of just a 'want'; you need a compelling reason to meet your goal. You need to create a true desire. [More] | [More] |
Market Close ^DJI, 11,689.24, +0.17% | ^IXIC, 2263.39, +0.09% | ^GSPC, 1336.59, +0.02%
^NDX, 1655.67, -0.21% | ^OEX, 620.35, +0.09% | ^SML, 376.16, +0.30%
^VXO, 11.04, +7.29% | ^VIX, 11.58, +0.43% | ^VXN, 17..
John McCabe's Web Guides: Investing the Right Way
The world of investments offers a dangerous draw: huge rewards with the chance of terrible losses. Investors love the idea of accumulating wealth, but no one likes losing money. The trick is to know how to invest with mini.
|