When I first started investing eighteen years ago, I seriously had no idea how to start the investing process. I had graduated with a degree in investments, so I could crunch some of the numbers and had a good understanding of stocks. In fact, I worked at an investment bank and my job was running …
The Three Demons of Profit Making Every successful trader will tell you that trading is very much a mental game. Winning the game depends on overcoming your mental and emotional liabilities and acquiring a few important psychological assets. The recent boom/bust in online trading has presented an excellent opportunity for Behavioral Scientists to research and …
Whether actively or not, most of us invest in the stock market in some capacity. If you don’t invest yourself, your retirement account probably does. For teens, getting an early start in the stock market is the best way to ensure you retire with a lot of money. Getting started when you’re young allows you …
Looking at a share price chart can be confusing with so many spikes up and down – it can be difficult to know which way a price is moving. That’s where moving averages come in. They can help you to visually see the average price and which way it’s moving in.SIMPLE MOVING AVERAGEIf you cast your mind …
Understanding trading and what it takes to trade well is a task that is riddled with confusion, contradictions and counter-intuitive thinking that can take years to sort out. What is trading? Trading is the transfer of ownership of goods and services from one person or entity to another. Trading can also refer to the action …
I am dedicated to pursue financial independence, by saving most of my paycheques and investing in income-generating assets. But there are so many different ways to invest, why did I specifically choose Dividend Growth Investing (DGI)? There’s quite a few good reasons, let me explain in details. I never have to sell One of the …
“Motivated Money” by Peter Thornhill is the book that started it all for me. Thornhill would say the book is a guideline to investing, not speculating. It was also the first time that an investing strategy really “spoke” to me in any significant manner, and my basic strategy was derived from the wisdom contained in Motivated Money. …
By the time they reach 14 or 15, kids are capable of handling more financial responsibility, but are rarely given the opportunity to do so. Teens have more expenses as they get older, but most of them don’t have a clue how to budget their money when they start earning a paycheck.The 3-category kids-money-management system …
What exactly is “Managed” money? The term “managed” money commonly refers to investment accounts that are handled by a professional money manager where the money manager makes specific investments with the intention of achieving a specifically stated investment objective, investment performance, investment strategy, or maintaining a certain asset allocation or income stream. These accounts are …
Ahh, vacation. A time to relax, unwind, and recharge the batteries, am I right? The thing about complete relaxation is that it often means staying at the nicest resorts, eating out for three meals a day, and in general having no restrictions on finances and spending. But if we all did THAT on vacation, we …