Getting Ahead for the Little Guy
Whenever you try something new, you begin a voyage of discovery. It’s exciting and new. And scary. It can be very scary.
My friend, John, has begun serious real-estate investment. I’m still only dabbling, as an investment partner with an experienced group of investors. Less profit, but far less effort, since I am dabbling in too [...]
Today, Potash Corporation of Saskatchewan reported record profits of 217%.
The stocks plummeted with the news, dropping over 6% in morning trading. And still going.
What the heck?
I’m beginning to understand a couple of things. First, there is Wall Street’s old saying, “Buy the rumor, sell the news.” Now that the news is out, people are taking [...]
At least until Sunday, the 27th of July…
Tor Books is offering a whole slew of sci-fi (excuse me… SF) and fantasy books for free (in digital format, naturally) – non-DRMed, unlimited use, and some nice A-list books, too.
Tor Books Freebies Bonanza
If you don’t mind reading books in digital format, this might be an opportunity to [...]
I was very confused when I first heard about shorting stocks. To be honest, I’ve never done it, because I find options are a safer, easier way to make bets on a stock going down in price (though I do short options all the time…)
But here’s the theory:
You short a stock when you expect a [...]
Okay. Expiration day has come and gone, and while I’m disappointed with my results this month, I am pretty happy to report that my options trading account saw profit for the month.
The trades I have been trying to master have been vertical credit spreads. When I first heard about these, I had stars in my [...]
The news is filled with doom and gloom. There’s no bottom in sight. The credit crisis worsens every day. The Fed just took over IndyMac, and customers are standing in line for days in hopes of getting their money out of it. This is the big one. The economy is collapsing. Hope you got all [...]
Wow. I still have a good portion (well, most) of my investment earned over the last fifteen years of my professional life in mutual funds. Nice, diversified funds, managed by professionals. In the past, I tended to only look at the quarterly statements (at best), but over the last couple of years I’ve been developing [...]
A few weeks ago I finished reading The Warren Buffett Way: Investment Strategies of the World’s Greatest Investor, by Robert G. Hagstrom. Written with Buffett’s permission but without his direct cooperation, this book explains Buffett’s investment strategies in detail, based upon his letters to investors, public statements, history, and his major investments over the years. [...]
Okay. Once again, share your email at your own risk, and be prepared to have people try and up-sell you on more information and programs. BUT, if you are curious about forex (currency) trading, this might be worth the additional emails:
The Forex 4-Pack, For Free
This one came to me via the Options University, which offers [...]
You know you’ve gotten yourself into trouble when you start dreaming about stock charts at night.
I thought it was just a joke, until it happened to me. Someone mentioned this in all seriousness in a forum discussion today. I was relieved to hear that I wasn’t the only one who has done this.
Literally. I was [...]