… knowledge and experience at low risk.
Successful investing is a lifetime ride
Don’t be in a rush to establish 3 distinct approaches to investing. It takes time to build. Investors get paid to ride long distances. Years, decades or forever are good investing time frames. Dividing investments between dividend paying, profitable and growing companies …
… be sure you can hold it in cash and redirect it as you wish later.
That will get you the tax deduction. As importantly, it gives you time to do your homework. Doing financial or investing homework pays you better than any other use of your time. And it could pay off in a lifetime …
… improve your performance. Use this 10 Point investor checklist as a guide to prepare for a meeting with your financial advisor.
Mid November can be a good time to do that so you have time to make any changes before another year arrives.
Investor check up topics
Work your way through this 10 Point investor …
… learn:
Presuming an already up trending or bullish market, a strong bull run for an individual stock needs momentum to continue price movement up for any significant time.
The bull icon serves interchangeably to represent a rising market, an investor buying long or the rising stock play itself. At such times we can say the …
… making more later. Investors want lower risk, reliable and consistent returns with downside security. When right, traders make more. Especially over short periods. However over many years investors consistently outperform.
Successful trading requires time, knowledge and experience to do well. It requires focus and discipline. Traders must pay close attention. As noted earlier, trading …
… greatest possible returns we must learn how to listen to the market. Once we know what the market says, we can confidently apply the most favorable approach to making profits.
Why this lesson matters
Knowing basic money making strategies helps investors understand their many investing options. Income, value, growth, trading and speculation can be …
… Building Step 2 – Save, Pay Yourself 1st, continues White Top View series, Wealth Building We opened our discussions about the three proven steps to wealth and last time we covered the critical first step, debt control. Today we continue by considering the essential 2nd step, saving.
This Part 3 of the White Top View series …
… the process. It can teach you the mechanics of the basic action but can not give you actual trade experience.
To more closely resemble the real world, make certain you paper trade in real time, using real price quotes and real order depth.
Any time delay in your pretending gives you an artificial and unrealistic
… Of course it goes your way!
It’s only pretending! Yes, do paper trade to run through the process. It can teach you the mechanics of the basic action but can not give you actual trade experience.
To more closely resemble the real world, make certain you paper trade in real time, using real price …
… money for you!
Every 6 months, poor performers must be sold. Don’t hesitate, sell them as soon as you realize they are not performing. That is basic to weeding your investment portfolio. Each day you hold a poor performer, you tie up funds puts off your financial progress and independence.
Any holding that does …