Consider this bet on a coin toss: Heads you win $20, tails you lose $20. Would you take this gamble? 1. Yes 2. No What if you won $100 earlier? Now would you take this gamble? 1. Yes 2. No What about if you had lost $20 earlier, would this gamble look any different to…
DetailsAre you a good driver? Compared to other drivers on the road, are you: A. Above average B. Average C. Below average The way that you respond to this question may tell a lot about your approach to investing. Most investors are overconfident. Psychologists have determined that overconfidence causes investors to overestimate their knowledge, underestimate…
DetailsStop whatever you’re doing… right now and check your portfolio! If you’re holding any stocks… dump them! Get out NOW!! Unless you’re ready to take HUGE losses this year! Whew!! Now that we got that nonsense out of the way – let’s talk about what the recent market dips REALLY mean to smart…
DetailsState of the Stock Market Analysis for the Week Ending January 31st, 2016 (Stocks Have Rough and Tumble Week 1-31-16) Bulls were hoping for a strong finish to a tough week, and somehow it happened. Despite the Fed’s mixed messages after its comments on Friday, investors took it as a plus and stocks headed resoundingly higher.…
DetailsOne could argue that the natural state of the world is the world at war. Brother vs. brother, man vs. man, nation vs. nation… Not one of them can hold a candle to the war that has been waging over the control of the commodity that, quite literally, keeps the world in motion. The Middle…
DetailsState of the Stock Market Analysis for the Week Ending January 24th, 2016 (Stocks Have Rough and Tumble Week 1-24-16) Friday’s bounce in oil prices put investors in a good mood, and some strong housing numbers added to the day’s optimism. It was one of those days that bulls love, and it was one of those…
DetailsOne of the biggest mistakes any trader can make is to simply “follow the herd” because they’re looking for greener pastures to graze on. It takes TRUE patience and discipline NOT to act upon the impulses to buy OR sell just because the rest of the investment world seems to be doing so. And the…
DetailsState of the Stock Market Analysis for the Week Ending January 17th, 2016 (Stocks Have Rough and Tumble Week 1-17-16) It was definitely a “rough and tumble” week for the stock market, and while bulls were hoping for a Friday bounce, that was not to be the case. The roller-coaster action we saw this week was…
DetailsA recent statistic that is grabbing a lot of attention is both amazing and more than a little scary… It’s being said that the average American spends more time on tech and media than work or sleep. As a country, it seems we’re addicted to our tech – just look around and see how many…
DetailsState of the Stock Market Analysis for the Week Ending January 10th, 2016 (Santa Clause Rally Loses Momentum 1-10-16) It was a disheartening week for the bulls and news of it being the worst start ever for stocks to begin a new year, had strategists scratching their heads. We did, after all, get a solid-looking jobs number,…
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