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Forex Trading: Investment Secret Of The Rich And Powerful
If you search on the internet you'll find millions of investment programs such as real estate, stock trading, bond trading, mutual funds, CDs, auction programs and various internet programs.
I have not done many internet income opportunities or...
Forex Versus Futures
The origins of today's futures market lies in the agriculture markets of the 19th century. At that time, farmers began selling contracts to deliver agricultural products at a later date. This was done to anticipate market needs and stabilize supply...
How to Sell Hobby Items by Mail
You can, if you are ambitious, start a Mail Order Business selling collectibles to hobbyists. To begin, you must first find a hobby that appeals to you. Next, you must spend several weeks researching that hobby. You must learn what collectors...
"How To" Start Trading The Forex Market? (part 3)
10 REASONS TO START TRADING FOREX!
More and more well informed investor and entrepreneurs are
diversifying their traditional investments like stocks, bonds &
commodities with foreign currency because of the following
reasons:
1) FOREX...
What's the Difference of Trading Mini Lots Vs. Full-sized Lots in Forex.
In Forex trading there is something called, a Mini Account, and
it uses a different leverage calculation than a regular (100k)
account. This is, instead of trading full-size currency lots
(100,000 units), you'll trade in lots that are just 1/10...
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Investing vs. Trading: Who Cares Anyway?
The mutual fund industry requires customers that buy their funds and never sell them. So naturally, they disseminate a lot of editorial decrying any trading, market-timing or re-allocating that includes selling their mutual funds. This non-selling concept gets more ridiculous and hypocritical every year as scandals continue to trickle into the news regarding brokerage firm and mutual fund behavior. It turns out that the professionals running the mutual funds do a lot of trading, market-timing and re-allocating everyday, but somehow if you do this on your own, you’ll ruin your portfolio.
Since an unfortunate vestige of mutual fund sales material is: “you need to invest for the long-term.” and “That it is OK if your investments are going down because these are long-term investments.” These phrases and beliefs destroy portfolios and compounded returns.
To me, investing is simply day-trading in slow motion. In my view, when people don’t have an investing plan they use the excuse, “I’m investing for the long-term.” But, I find that all the successful trading rules that apply to a professional currency trader with a leveraged $250 million position also apply to someone with $25 in a mutual fund. If the mutual fund owner calls it investing, he thinks he is immune from all the decision-making required of all ownership; ignoring the fact that every structure require maintenance.
Let’s take a closer look at maintenance; look at a home – everything but the dirt needs to be maintained. Time, weather, and events take their toll on the floors, appliances, roof, windows, landscaping, etc. The same rules apply to owning a rental home. And the same rules apply to owning a strip mall, or an airport or manufacturing plant. The same rules actually apply to every business; the building, the equipment, the employees, the vehicles, the marketing plan, the product design, and the websites. Now if investing or trading is a business (or you are trading or investing in businesses) what makes you think your portfolio doesn’t need to be maintained just like everything else? I am here to tell you that it does need to be maintained. In spite of long-term investing theories and cautions from your stockbroker or magazine headlines, most of the time you spend on investing would be considered maintenance. More reference material for this article is available at the website
Sonnymoon: The Sunnier Side Of Mortality
In Sonnymoon's "Just Before Dawn," Anna Wise's ethereal vocals float across a palpitating soundscape. "Every night, you should have someone to hold," Wise sings, "to tell you that you did okay when your mind is against you."
Crashing On Couches To Talk To Musicians
Jason Crane of <em>The Jazz Session</em> interview podcast is touring the U.S. via Greyhound bus.
Around The Jazz Internet: May 18, 2012
Ten albums for newbies, the hated Cabaret Card and composer/arranger Gil Evans' centennial.
below.
How I define maintenance is continued review, evaluation, and action in alignment with your investing goals. Now the maintenance that they need is continual review. Is it meeting your expectations? Maintenance means information review: changes to your market view, interest rates, inflation, recession, the industry, a new federal law, an inter-country trade dispute, etc. Maintenance also means portfolio review. For example, , if a run up in real estate has unbalanced your portfolio, you may want to sell off weaker real estate holdings or, instead, sell off the strongest real estate holdings if the market prices are starting to fall back. Maintenance is also the mechanics of setting up alerts if a stock has fallen too far and you want to place a stop-loss order to get out, or an alert for a profit target that is about to be reached. Maintenance could simply be a monthly review to evaluate whether the stock is still above its 200-day moving average price.
Whatever the manner you want to address investment and portfolio maintenance, you need to start building your own trading rules, checklists for what to do before you enter a trade, and what could possibly trigger your exit of a position. Keep a journal to see how your rules are growing your account to notice which of them needs to be changed, eliminated, or updated. All of this is the maintenance required for the $25 mutual fund investment – so that it doesn’t become a $0.25 investment from neglect.
To the axiom: “A fool and his money are soon parted”, I would add this corollary: “An amateur investor and his long-term investments are soon parted.” Amateur investors that are not willing to perform the ongoing duties required to grow their investments rarely perform well. While a professional trader who carefully analyzes and executes his trading rules can count on the continued successful growth of their portfolio.
About the Author: Francis Kier has an MBA in finance and shares his two decades of experience with investing and finance. More of his articles are available at http://investing.real-solution-center.com.
Source: www.isnare.com
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