As soon as I can, I’ll update you on my one year trip. I’ve decided to leave everything behind and spend real time with the people that matter the most in my life: my wife and three children. This is my story, I hope it will inspire you to create yours. You can read my previous “on the road” articles: On the road #1 On the road #2 On the road #3 On the road #4 On the road #5 On the road #6 On the road #7 On the road #8 On the road #9 On the road #10 On the road #11 On the road …
How to open an online broker account
The choice of selecting an online broker to make your trade is not always easy. At first glance, it looks complex with tons of paperwork to fill in. In reality, it is quite easy and you don’t need to go to your bank to do it. You can do it online in your pajama! Here are a few things you must look at before selecting an investing platform that will suit your needs: Fees I guess that this is probably hits the nerve of all traders; the transaction fees! If you are going to buy and sell different …
Market Timing Vs Time in the Market
Time in the market is more important than market timing… While of educated investors already know this thesis, many of them tend to forget how to apply it to their own portfolio on a regular basis. They foolishly try to determine where the market is heading next. As previously mentioned; The longer you stay in the market, the better will become your investment return. But you don’t have to believe me, you only have to be able to read graphs of various financial studies. Let’s start with this …
The Stock market is the Stock market, you can’t tame it.
Another mistake made by several investors is they think they can be smarter than the market. Beating the market… this is something we often read about. While you can perform better than an index or any kind of benchmark, you will not do it each year and you will not do it if you are chasing your return. The market is the market, period. Understanding how the stock market works… really? One big delusion many people have is they think they can figure a way to understand where the market is …
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Continuous investment for continuous success
Did you know that the best way to get rich is to start investing today? I know, this is a simplistic statement. However, many investors tend to wait and think, and analyse… but never pull the trigger. They wait to have enough money to invest, they think of the best possible strategy or stock to buy and they analyse the market trying to understand what is going on at the moment. Paralysis by analysis, have you heard of this? The trick to catch every single bull market without failing There is …
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WHY SHOULD I INVEST?
Before we even touch the topic of investing, I guess the most important thing to do is to understand why you should do it in the first place. I’ll be honest and blunt; investing in the stock market is not my favorite growth vehicle for my money. Yup, you read it right, there are tons of other way you can make your money grow and investing is just one of them. Personally, I rather use my money to grow my online business. This is usually the case with many entrepreneurs; the risk of investing in …
