As a small investor you have to make the most out of opportunities available to you. That is the only way that you can maximize your ability to “Buy low and Sell High”. As I’ve mentioned in previous posts that is much easier said than done. When our emotions come into play we are moreContinue reading “Buy on Bad News!”
Tag Archives: Cash
When to Put Cash Aside
As a small retail investor it is important to take a patient and disciplined approach to your money. You have to attempt to maximize your ability to buy low and sell high. In this spirit you have to watch out for getting caught up in market momentum. It truly is a lot of fun toContinue reading “When to Put Cash Aside”
Let’s Talk About Cars
Cars/vehicles are essential to the majority of people and especially important to those of us who live in the United States because our cities are not designed for mass transportation. And other than their house, cars are most folks largest investment. It is also well known that cars are also a terrible investment because theyContinue reading “Let’s Talk About Cars”
Pay Attention to Fees, Keep Them Low
The great investor Warren Buffet won a famous bet against a Hedge Fund manager that over a ten year period he would have better returns using low cost mutual funds versus a basket of higher cost hedge funds. The founder of Vanguard, Jack Bogel, built one of the most successful companies, ever, on the ideaContinue reading “Pay Attention to Fees, Keep Them Low”
Track Your Money
A boss of mine years ago explained to me that if you want to effect change in some way the most powerful way to do that is to track whatever it is. That is an incredibly powerful idea and I wholeheartedly believe in it. I attempt to use it in many aspects of my lifeContinue reading “Track Your Money”
Don’t swing for the fences with money you can’t afford to lose!
My grandfather loved to gamble. He taught me card games and how to play craps well before I was old enough to gamble myself. However, he as also adamant about telling me to never ever ever gamble with the “house money”. That is, don’t ever risk the money that you simply can’t afford to lose.Continue reading “Don’t swing for the fences with money you can’t afford to lose!”
Always try to have a little cash
One thing that I have learned over the years is the importance of having at least a small amount of cash available to invest for those moments where an opportunity presents itself. To be able to “buy low and sell high” you have to actually be able to buy when things are low and theContinue reading “Always try to have a little cash”
Patient and Disciplined Saving 