Beat the Wall Street Gurus at their own game
I’m Going to Do the Exact Opposite of What You’re Doing! So There! If there is one sure rule about Wall Street, it’s that they follow the herd. And it’s hard to make money when you’re just following other people’s investment path. And when the herd starts acting irrationally, driven by fear and not economic [...]
Read More >Retirement, your 401k and an Insane Market
If you’re like most people, your retirement account has dropped substantially over the last few months, and you’re freaking out. The end of the world is coming! Armageddon is here! The truth is: the stock market goes up and down in cycles. These cycles usually last 5-10 years. Take a look at the chart below. [...]
Read More >Getting Back Into The Market; The Sane Way
With the recent market turmoil, you may be wondering what to do with your portfolio. Should you sell your stocks and funds, or should you be buying more? Well, if you listen to the world’s greatest investor, Warren Buffett, you would be buying. The market is essentially on sale. With stocks and funds plummeting, now [...]
Read More >Buying Stocks Without A Broker; The Sane Way
Yes, it’s true. You can buy stocks like Yahoo (YHOO), Wal-Mart (WMT), Home Depot (HD) and Intel (INTC) direct from the company without using a broker. It’s called a Direct Stock Purchase Plan (DSPP) and thousands of companies now offer them.
Read More >Dollar Cost Averaging: 101
Dollar cost averaging (DCA) is a technique designed to reduce risk when purchasing stocks or mutual funds. If you have a 401k with your employer you’re already dollar cost averaging every time they purchase stock for you. The idea behind dollar cost averaging is to repeatedly invest a set amount of money regardless if your [...]
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