The vast majority of people who are throwing their money at the markets these days have virtually zero understanding about the concept of risk management. Most of these people might have a few thousand dollars to blow and figure that, instead of going to Vegas, they'll give Bitcoin a shot, or a stock like Gamestop. [...]
This is the second post in a series of posts I'll be making about trading. It seems everyone and their grandmother is trading stocks and Bitcoin these days, so I figured I put out some info to help some newbies learn about the markets. In this post, my focus is on the concept of risk [...]
Trading stocks and Bitcoin is all the rage these days, so I thought I would put together a series of educational posts to help people learn to make better trading decisions. This particular post is for anyone who is truly new to trading. Let's get to it! Classical chart analysis involves the analysis of the [...]
So social media was all up in arms today about the ongoing saga surrounding Gamestop. Apparently, many of the small traders and investors who've been buying Gamestop stock during this buying frenzy do so through the Robinhood app. Many others do so through Interactive Brokers. This morning, both took steps to quell the frenzy, making [...]
The speculative froth we are seeing in the financial markets, and in residential real estate suggests to me that we are in the last phases of a bubble due to too much liquidity. The first signs were the melt up in Tesla stock and then Bitcoin. The Bitcoin run up in particular had me feeling [...]
In the investing world, two assets are currently all the rage... Bitcoin and Tesla. Bitcoin has turned many early investors into multi-millionaires over the course of the last eight years or so. Tesla stock has turned its majority shareholder, Elon Musk, into the world's wealthiest man. Both have spiked to new all time highs in [...]
Among some investor types, it seems that trading is taboo, and even un-American. You will certainly get an earful from most financial advisors and planners about the perils of trading. The standard mantra among these folks is "invest for the long term." They will tell you that it is nearly impossible to outperform the S&P [...]
For about the last dozen years, I have bitched and moaned about the political climate. What has it done for me besides cost me some friends? Nothing, zip, nada. I can't think of a less productive activity than worrying about politics and getting all riled up on social media about it. The fact of the [...]
2020 turned out to be a remarkable year for the stock market, in spite of all of the negative issues we've dealt with. We literally started the year with the impeachment of a sitting president, and ended the year with over 350,000 people dead in the United States (millions worldwide) from a coronavirus that has [...]
Most investors think that portfolio diversification means spreading your bets among a diverse portfolio of stocks, and then maybe add some bonds into the mix. The standard portfolio mix is 60% stocks and equity mutual funds and 40% bonds. The problem with this idea is that when the stock market goes into a bear market, [...]