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Yes! I agree with the article that discussed about these things, knowledge and understanding about the risk and rewards in investments. We need to analyze everything before finally considering a certain investment. Be it in trading or real estate properties.
Every Investor Needs to Consider These 3 Critical Things
Submitted by Capitalist Exploits on 03/20/2016 09:28 -0400
http://www.zerohedge.com/news/2016-03-20/every-investor-needs-consider-these-3-critical-things
Excellent Pro-Life ! Reading speed is equivalent to an operating system!
10 Tips for Speed Reading
BY AVERIL B
http://gridread.com/10-tips-for-speed-reading/
10 Investment Rules From Investing Legends
Written by Lance Roberts | Feb, 1, 2016
http://realinvestmentadvice.com/10-investment-rules-from-investing-legends/
Thats good stuff..
A quote by Benjamin himself: “Our lives are defined by opportunities; even the ones we miss.”
What Geniuses Come To Believe
Submitted by Tyler Durden on 01/13/2016 17:55 -0500
http://www.zerohedge.com/news/2016-01-13/what-geniuses-come-believe
Back at you bro!
Merry Christmas, Bruce & all!!!
Max.
Outstanding info as always Pro-Life.
Thanks for sharing.
Pro-Life,
Whether in life or stock trading, it is just sometimes best to yield right of way to an idiot.
Margin trading...good fun.
I love this scene.
A great quote from a crappy movie.
Wall Street Panics: A Stock Crash is Just Beginning
By: Robert McHugh | Sun, Aug 23, 2015
http://www.safehaven.com/article/38684/wall-street-panics-a-stock-crash-is-just-beginning
What Surfing Teaches You About Life
...Good waves are a source of incredible joy to a surfer, but they can turn dangerous quite easily, and suddenly they’re not so much joy as terror...
http://news.nationalgeographic.com/2015/08/150802-hawaii-surfing-south-pacific-ocean-surfboard-pipeline-ngbooktalk/
IMO and FWIW.
They will say "YOU WERE WARNED"!
http://news.goldseek.com/GoldSeek/1438701762.php
That is an eye opening video.
Thanks for sharing Pro-Life.
Will this Heart-Wrenching Fate Befall Your Loved Ones in the Next Collapse?
JULY 29, 2015
Regarding life's financial choices...
Hey there Pro-Life.
I read Tyler’s blog and was reminded why I stopped reading his posts.
First, a quick video featuring Paul Harvey about Police. There is some personal irony for me here, but I will spare you the details.
Paul Craig Roberts: The Eroding Character Of The American People
Submitted by Tyler Durden on 07/24/2015 22:25 -0400
http://www.zerohedge.com/news/2015-07-24/paul-craig-roberts-eroding-character-american-people
Hey Pro-Life,
A great song by 4 on the floor.
Just a little reminder of why we grind on stocks and options.
"A government big enough to give you everything you want, is strong enough to take everything you have."
Thomas Jefferson
MUST read: The Precious Present
Spencer Johnson
Read the whole story without rushing...
http://www.livinglifefully.com/flo/flopreciouspresent.htm
Crazy... free speech will disappear as well... down the road not too far.
Hey there Pro-Life,
Did you hear about the hipsters that went into a guitar store and took offense to a guitar emblazoned with the confederate flag?
Its a heated debate and everyone has their own opinion.
This story is just a reminder that we should all first be educated on a topic before commenting on it.
I wish I were making it up.
IMO and FWIW.
Mental Training and Hypnosis Aids (condensed)
________________________________________________________________________
1000 Subliminal Mind Power Affirmations in 1 Minute!
Definitely NOT mainstream thinking...
3 Ways to Combat Bad Investor Behavior
OCTOBER 22, 2014
http://insights.schwab.com/portfolio-management/3-ways-combat-bad-investor-behavior?bmac=sby
In most areas of life you can count on knowledge and experience to help you make smart decisions. Investing, you may have noticed, doesn’t always work that way.
“Human beings have certain innate tendencies that don’t always lead to the best investment choices,” says Mark Riepe, senior vice president at the Schwab Center for Financial Research.
In fact, even those who spend their professional lives poring over financial statements and crunching numbers often fall prey to the same unhelpful reflexes that frequently trip up the lay investor. Fortunately, you can put controls in place to help you quash these self-defeating impulses. Here are three minefields you’re likely to face and a plan to sidestep each of them.
The problem: You hold losers for too long.
Why you do it: If you’ve got some laggards in your portfolio, hanging on and waiting for them to bounce back might seem like a sensible strategy. But behavioral finance experts call this shortsighted strategy “loss aversion,” or a resistance to realizing losses, says Mark. “No one likes to admit they’re wrong, and the ultimate admission of being wrong in investing is taking a loss,” he says.
Indeed, research by Berkeley finance professor Terrance Odean found that investors were 50% less likely to sell a losing stock versus a winner. Worse, the losing stocks they held onto still tended to underperform. “Investors who sell winners and hold losers because they expect the losers to outperform the winners in the future, are, on average, mistaken,” Odean wrote.
What to do: When it comes to individual securities, create a list of sell triggers when you buy the stock. Periodically review those triggers, and if any are tripped, sell. Also exercise what psychologist call “reframing,” says Mark—that is, viewing the information from a different angle.
In this case, you can think about selling at a loss as a boon to your tax bill: you can write off up to $3,000 of losses against ordinary income this year and roll any excess into future years. Still find it hard to stick to that discipline? You may want to work with a financial professional who can stick to the game plan in your stead.
The problem: You act on your hunches.
Why you do it: Human beings naturally attempt to find patterns in all things. In one study, humans, pigeons and rats were shown a random sequence of flashing red and green colored lights. They were then rewarded for picking the color of the next flash. It wasn’t hard: 80% of the lights were green and 20% were red.
While the pigeons and rodents quickly learned that picking green all the time would maximize their reward, the humans persisted in attempting to find a pattern in the flashes, leading them to score worse than the animals!
Sadly, we succumb to a similar search in the performance of stocks and bonds, says Mark. “We think we see patterns where none exist,” he explains.
Compounding the problem: a phenomenon known as “confirmation bias,” which leads us to welcome information that confirms what we’re already thinking, and discard what isn’t consistent with our views.
What to do: Before you buy any investment, note what changes in the business or market would make it less attractive. For example, how would that Canadian energy company fare if regulatory changes opened up new U.S. pipelines in the Gulf of Mexico?
“Writing down the pro and con list will help you make a more thoughtful, balanced decision,” says Mark. If you find it difficult to take an unbiased approach to a variety of data, consider exposing yourself to other points of view. Pay particular attention to firms and analysts that have opinions that differ from yours. In addition, take a look at Schwab Equity Ratings, which are based upon a disciplined, systematic approach to analyzing potential investments.
The problem: Always looking for the “next big thing.”
Why you do it: There is a rush of excitement that comes when you think about the potential gains if the stock you’re investing in turns out to be the next Google. It’s fueled by dopamine, a powerful neurotransmitter, giving you the equivalent of a natural high—and short-circuiting the sensible part of your brain that could determine whether a given stock is likely to be a stinker.
While a dopamine rush might have been a useful benefit hundreds of thousands of years ago when we were a developing species, constantly chasing rewards as an investor isn’t likely to do your portfolio any favors.
What to do: Enjoy your thrill, but make sure you take steps to limit the downside. Take a cue from pro traders, who generally have limits on how much capital they can put toward a single investment. Cordon off a piece of your portfolio—say, 5%—and stick to only that amount for long-shot ventures. And put those rules into place now, before you fall in love with an investment.
From i-Hub's 'starboy' and Confucious:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=114990512
Let me tell how I REALLY feel.
Our country is broke and our bonds are worthless as PROVEN by big time fund managers selling assets (retirement) under management for over 6 months.
Debt and hope is not a strategy but we have the "Federal" Reserve Bank (which is a private entity NOT government as the name implies) printing money like no tomorrow. The down the road can kicking is nearly over.
Food stamp usage has never been higher. Beef prices have never been higher. The purchasing power of the $USD has nevr been lower.
We're SCREWED. PERIOD. But, some are smart enough to be in position, even now, to be short these crap stocks, ETN's, ETF's and be long PHYSICAL $GOLD/$SILVER...
The hell with the perma-bs Cramers of the world. They are tools of a system meant to bring hell and high water to this country.
Protect yourselves and your families.
1) Trade with liquidity and stay liquid
2) Do NOT over trade/over extend your accounts
3) Do NOT trade a dime on MARGIN!!!
WOW and WOW!!! Thanks so much for both of those!!!
First, a great song by Hillsong United that I think you would like.
"It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change." Charles Darwin
Good stuff! Now if hypnosis could assist me in picking a winner on Monday..
Steven Luzern - Self Hypnosis and hypnosis aids
Steven Luzern Youtube home page: https://www.youtube.com/watch?v=qzExOlg2Ybo
" rel="nofollow" target="_blank">https://www.youtube.com/watch?v=
DrVirtual7 - Subliminal suggestions - programming - et al. Excellent treatments for those interested in those methods.
Drvirtual7's Power House Video Combination -
Some deeply compelling emotion from http://www.JP-Cormier.com:
"Today's dream is tomorrow's reality, imagination bodies forth the form of things"
William Shakespeare
For lon and nin…
“Don't go far, circle close…
The father, son, the holy ghost
To the trinity, I raise a toast...”
A funny break from the seriously dull run for perfection, eh???
TY!!!
Hey Pro-Life,
This probably isn't your thing, but a great quote and scene from one of my favorite shows.
"Turns out far too much has been written about great men and not nearly enough about morons.”
-Tyrion Lannister (Game of Thrones season 4)
Someone out there
Must be "deadly" at Scrabble.
It's going to be hard to top because
It fits to a “T"
ASTRONOMER :
When you rearrange the letters:
MOON STARER
DESPERATION :
When you rearrange the letters:
A ROPE ENDS IT
THE EYES :
When you rearrange the letters:
THEY SEE
GEORGE BUSH:
When you rearrange the letters:
HE BUGS GORE
THE MORSE CODE :
When you rearrange the letters:
HERE COME DOTS
DORMITORY :
When you rearrange the letters:
DIRTY ROOM
SLOT MACHINES:
When you rearrange the letters:
CASH LOST IN ME
ELECTION RESULTS :
When you rearrange the letters:
LIES - LET'S RECOUNT
SNOOZE ALARMS :
When you rearrange the letters:
ALAS! NO MORE Z'S
A DECIMAL POINT :
When you rearrange the letters:
I'M A DOT IN PLACE
THE EARTHQUAKES :
When you rearrange the letters:
THAT QUEER SHAKE
ELEVEN PLUS TWO :
When you rearrange the letters:
TWELVE PLUS ONE
AND FINALLY....
FOR THE GRAND FINALE :
PRESIDENT BARACK OBAMA
When you rearrange the letters:
An Arab Backed Imposter
Bet your friends haven't seen this one!
“The investor of today does not profit from yesterday's growth.”
Warren Buffett
Thx for that..I have made every one of those mistakes..Some of em multiple times!
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BooksLinks to Simple Truths and NightingaleConantArm yourself with knowledge and you'll win any war. ________________________________________________________________________________________________________________________________ Other Books (Wealth Creation, Leadership, Family) Supported by Our Chatters In the crusade for continuing adult education posted below is a list of books related to wealth creation - 1) The Law of Success - in 16 Lessons - Napoleon Hill (#1 for a reason... buy this above all the others listed in this section) 2) Ask And It Is Given - Esther and Jerry Hicks 3) The Magic of Thinking Big - David J. Schwartz, Ph.D. 4) The Magic of Believing - Claude Bristol 5) See You at the Top - Zig Ziglar 6) The Go Getter - Peter B Kyne 7) How to Win Friends and Influence People - Dale Carnegie 8) The Secret - Rhonda Byrne 9) Rich Dad, Poor Dad - Robert T. Kiyosaki 10) Think and Grow Rich - Napoleon Hill The above was excerpted from the audio CD "25 Secrets to Wealth Creation" to which are now added below a few other choices found to be of extreme value and in the vein of continuing adult education and success ventures... On Becoming a Leader - Warren Bennis Developing the Leader Within You - John C. Maxwell The Winning Attitude - John C. Maxwell Thinking for a Change - John C. Maxwell The 17 Indisputable Laws of Teamwork - John C. Maxwell The 21 Irrifutable Laws of Leadership - John C. Maxwell The Platinum Rule - Tony Alessandra, Ph.D. and Michael J. O'Connor, Ph. D. Rich Dad's Guide to Investing: What the Rich Invest in That the Poor and Middle Class Do Not! - Robert T. Kiyosaki And for the fathers amoung us seeking leadership, attitude and a foundation with their sons (and daughters)... Raising a Modern-Day Knight - Robert Lewis Becoming a Person of Influence - Jim Dornan and John C. Maxwell Rich Dad Poor Dad for Teens: The Secrets about Money--That You Don't Learn in School! - Robert T Kiyosaki Of course, there are many others and you will find them... This list is a whale of a start... GO FOR IT AND BE A WINNER IN LIFE!!! |
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