To become an effective investor you must think through your approach to money and matters related to it. The big 8 money matters for investors: money, income, debt, saving, spending, investing,
Read MoreShould I take profits, my stock is up again!? Many investors find this the hardest question. Let the winners run. Sell losers, buy winners.
Read MoreAnyone new to investing needs to know about and use Investopedia. “Educating the world about finance” serves as the perfect tagline for this information rich site. The search function lets you quickly define almost any investing term.
Read More“Follow your instincts. That’s where true wisdom manifests itself” – Oprah Winfrey”Follow your instincts. That’s where true wisdom manifests itself” – Oprah Winfrey Oprah is right and investors can benefit by being open to her advice. Following it can help grow profits and avoid losses. Instinct is our subconscious mind working for us. We must listen as well as use it to think and act. Over 2,300 years ago Greek philosopher Aristotle laid the foundation of logical and scientific thought.
Read MoreNo-Worry Investors manage emotions for better returns in volatile markets, an essential skill of successful investors. Mastering emotional control provides a significant advantage in portfolio management. This lesson teaches Debra and others how emotions can impact portfolio building and how managing them can enhance investing skills. By controlling emotional responses, you can achieve superior results and integrate emotional management into your investment strategy for consistent returns. Mastering emotional control is critical to making sound investment decisions, especially in turbulent markets.
Read MoreProfits are for growing not for protection! Let profits grow, they are for growing not for protection! You invest to profit. Don’t kill your performance by selling winners and buying losers. Use this as part of your core portfolio growing strategy to get rich. Investors must manage their portfolios to grow their wealth and achieve financial security and independence. Actions taken to protect gains can kill the possibility of dramatic portfolio growth. Don’t move to protect a gain too soon. Let profits run.
Read MoreInvestor watch lists and toe holds can accomplish much. Watch lists or model portfolios enable risk free monitoring but for best performance I use toe holds. Putting skin in the game serves to focus my attention.
Read MorePortfolio portion measurements or the percentage dedicated to each investment and the effect that inevitable changes have on those portions needs attention.
Read MoreCosts drive investor position sizes. Minimum positions for affordable costs keep costs per share low. Investors know minimum position sizes for affordable costs. This second sizing factor gets the transaction costs right. This effectively puts a financial barrier or threshold in place for owning an individual share position.
Read MoreInvesting academics and holding counts in multiple studies conclude 16 stocks are the ideal number, with 5% to 7% of a portfolio held in each position. The range is surprisingly narrow. Most suggest between 15 and 20 stocks as the best number. You and your top research assistant, Google, can find endless numbers of studies.
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