Creating a Financial Future--Putting Your Plan Into Action Part 2 (21 Mar 2006) To prepare for the future, you must have a financial plan that you can implement. This article lists several financial vehicles including stocks, mutual funds, gold, insurance, art and other collectibles and shows the role that each plays in a solid investment strategy.
Margin Benefits are Marginal at Best (21 Mar 2006) Margin is one of those things that novices find puzzling about the stock market, but the concept is really quite simple. Still, with understanding the basics of using margin accounts, determining the wisdom of using margin can be quite a conundrum. A margin account is a traditional investment account with margin privileges...
Global Markets: A Window on the World Economy (21 Mar 2006) Expectations drive the market. Every stock price is driven by what people expect the company to do. That's why all the talk about a strong or weak economy has such an impact.
But those aren't the only expectations moving us. We've seen the impact of war and terrorism worries on markets and the impact of SARS concerns on Asian markets.
Have Analysts Gotten Honest? (21 Mar 2006) It seemed perfectly logical to me that analysts wouldn't be telling investors to sell 3M (MMM), which has one of the most consistent positive earnings records in the history of the stock markets.
Forex Trading Explained. DrForex's top selling forex book Bird Watching in Lion Country - Forex Trading Explained in e-format.
The Power of Small Numbers: Trading Success is Based on Consistency, Not Home Runs (21 Mar 2006) To really succeed at trading of any type, you need consistency, even if it's with small amounts. The ultimate goal is to keep trading over and over to eventual riches, but by always going for the big wins they usually wind up with big losses instead.
Emotions: A Traders Worst Enemy; Get Rid of Fear and Greed - Youll be Glad You Did (21 Mar 2006) You hear it over and over and over in books, forums, and chatrooms. Fear and greed, fear and greed, fear and greed. Emotions are a trader's worst enemy. What are we supposed to do about it? We are human after all. Human beings have emotions. We can't just throw a switch and suddenly behave like "Data" on Star Trek the Next Generation.
The American Age of Inflation is Over (21 Mar 2006) This type of refrain is common. We often hear that this or that is ended - that such things only happen in the past, and that our new, more advanced time is above such mundane things. It is reminiscent of the late '90's declarations of the end of value investing, and the meaninglessness of p/e ratios, and the (can you believe it?) end of bear markets. Such drivel is what houses of cards are built on.
Have You Ever Seen A Map of the World Turned Upside Down? (21 Mar 2006) When we view things from a different perspective, it isn't difficult to come to different conclusions. Normally, when we have a clear perspective from our traditional vantage point, it seems pointless to view the world from a different perspective. However, when the picture we're seeing is cloudy and obscured, taking a different view is crucial. Otherwise, we are left guessing.
Real Estate Clubs Hot Among Investors (21 Mar 2006) Yesterday's tech stock investors are today's real estate investors. Real estate clubs are forming all across the country so that like-minded investors can meet...
