Stock Market Investing Odds (04 Jan 2006) The greatest stock market myth is the idea that investing in stocks is a form of gambling!
Stocks: Understand What You Buy! (04 Jan 2006) I don't really know how cars actually work. Not really! I know how to drive them, but if you asked me how they work, I would not really know how to definitely explain it.
Evaluation I (04 Jan 2006) An insane person cannot evaluate an insane evaluation system.
Economists #2 (04 Jan 2006) Economists know more about how the fragments of society work than anyone. In school they are taught to break down the economy into its tiniest parts and to quantify each minutiae so it can become part of a formula. Once done those econometric formulas should become a viable equation to predict how the total economy will react when a change occurs to any part of the formula.
Emotional Maturity (04 Jan 2006) If you are going to be a winner in the stock market you must have emotional maturity. I did not say you had to be smart or know how to pick stocks and mutual funds.
Enronization (04 Jan 2006) Even if you don't own any of their stock or any stock at all you will want to read this.
Evaluation II (04 Jan 2006) As I said in Part I everyone in the insane asylum looks normal, but at least the doctors are sane. Unfortunately, in the insane asylum known as the stock market all the doctors (brokers) are also insane.
The Elephant (04 Jan 2006) Four blind men were asked to give a description of an elephant. They had not seen one or ever encountered such a beast.
Emotional Trading (04 Jan 2006) The single most expensive stock market trades are those made with emotions, but, of course, you are not an emotional trader are you?
Eternal Sunshine (04 Jan 2006) There is a current movie entitled "Eternal Sunshine of the Spotless Mind". It is about a man who has had a painful love affair and will do anything to rid his mind of those pain thoughts of a former love. He sees an advertisement that offers just such a service. It seems his former lover has the exact thoughts and she goes through the same treatment. Guess what? They meet again, do not recognize each other, and fall in love again.
Keep Your Profits (04 Jan 2006) It looks like we have now entered a new bull phase in the stock market and I have a question for you. Will you give back the profits that you make this time as you did in 2000? You sure don't want to, but you are not going to get any help from your broker.
Inverted Interest Rates (04 Jan 2006) Inverted interest rates? What's that? Who cares? Even if you don't understand what Mr. Greenspan is saying (and almost nobody does) it is important to you because it could mean you might lose you job next year or have to cut back on some of the things you want to acquire.
Investment Clubs (04 Jan 2006) Because you don't feel too sure about which stock or mutual fund to buy you decide to become a member of an investment club. Each of the members contribute a certain amount of money each month and then meet to decide what to buy or sell.
It Cant Be Done (04 Jan 2006) Wouldn't it be nice if you were only in the stock market when it was going up and have everything transferred to cash while it is going down? It is called 'market timing' and your broker or financial planner will tell you "it can't be done". What that person just told you is he doesn't know how to do it. He doesn't know his job.
Stock Market Insanity (04 Jan 2006) Let's first define insanity. It is doing the same thing over and over and expecting a different result. And that is what most investors do and they can't understand why they are not able to make money in the stock market.
Its A Bull, Its A Bear, Its Suptertrader! (04 Jan 2006) The higher the market goes the more confusing are the "experts". In the September 14 issue of Investor's Business Daily newspaper we find the great prognosticators such as:
Intervention (04 Jan 2006) Intervention. Now don't let that big word scare you. The talking heads on TV have been discussing it all week because the major banks of the world are going to "prop up" the Euro.
Is Your Garage Full Of Junk? (04 Jan 2006) I have a 2-car garage. There are nice shelves on one side and a good practical workbench with a vice on the other side. Plenty of room for 2 cars yet I have to be careful when I pull in so I won't run over stuff stacked on each side. Sound familiar?
Its A Duck (04 Jan 2006) If it walks like a duck, quacks like a duck and looks like a duck it must be a duck.
