Getting Ahead for the Little Guy
Tonight I had the opportunity to teach the JARS budgeting system to my mom. I was taught it at the Millionaire Mind Intensive a little over a year ago. It’s worked out great for me so far, and my mom had gone with me once to one of the evening seminars.
I don’t think I did [...]
This was a very annoying week.
I got whipsawed in the beginning of the week – death by a thousand tiny cuts – and so I switched strategies to loosen things up by the end of the week. And then THAT clobbered me.
Part of what killed me after the initial whipsaw at the beginning of the [...]
I lost a little bit this week. More than I’d hoped, courtesy of getting my stop blown out by early-morning volatility (I pretty much sold at the absolute bottom on a trailing stop…. grrr!)
But I think I’m having a single lesson reinforced that I hope I will eventually learn:
QUIT POSITIONING IN ANTICIPATION OF REVERSALS!
While the [...]
I never warmed up to the options symbology. Fortunately, with my broker, I never really had to – I had to dig into the charts to see the actual symbol that represented the ticker symbol, expiration month, call or put designation (A-L was for January-December calls, M-X was for January-December puts), and strike price.
Another brokerage [...]
A squeaked out a win, exceeding my dollar-value goal this week. I’d say it was hard-fought, but it was actually a couple of bad decisions on my part balanced by one not-so-bad decision.
Mistake #1 – Taking Profits too early. I saw a breakout on DIG, and played it to the upside. It did very well [...]
I saw this article, which has little to do with personal wealth (unless you are a banker, or a home-owner in Canada) but couldn’t resist weighing in on with my own personal philosophy. ‘Cuz I have, like, opinions ‘n stuff.
Due North: Canada’s Marvelous Mortgage and Banking System
There’s a lot that we folks south o’ the [...]