Stage 1: Money Management

Money management is the first step to becoming a consistently profitable investor. It’s all about working wisely and moving the odds in your favor. Succinctly put, it’s about: knowing what you’ve got, knowing how to protect it, knowing how to grow it, writing it out in a personalized investment plan.

---

Money Management

Tensile Trading: Stage #1 is Money Management Money management is the first step to becoming a consistently profitable investor. It’s all about working...

Definition of Money Management Google “money management” and you’ll get back a quagmire of non-sequiturs, disjointed, inconsistent and incomplete...

Money Management: Why Market Wizards Claim It's the Secret Sauce In his Market Wizards books, Jack Swagger interviews an outstanding collection of renowned investors, traders and...

Asset Allocation

My Methodology Allocation Beats Asset Allocation From what I’ve seen of most investors’ asset allocations, it’s a maze. My personal asset allocation is better...

My Methodology Allocation Beats Asset Allocation: Part II - Questions Answered There’s nothing like teaching a seminar to fifty sharp investors on this topic and having them demand more clarity...

My Methodology Allocation Beats Asset Allocation: Part III - Eternal Vigilance is the Price of Profits Thomas Jefferson opined that “Eternal vigilance is the price of liberty.” For modern investors, I’d say...

How I Improved My Asset Allocation Profile by Using a Correlation Calculator Many investors would be shocked to learn that what they thought was their prudent well-diversified portfolio of five...

Asset Allocation: The Most Important Truth About Correlations Far too many investors assume (wrongly) that if two equities – such as the S&P 500 (SPY) and the Vanguard Total...

Here's How You Build a Super Bowl Champion Portfolio (Hint: Pick Your Correlations Carefully) Imagine a football coach who has the best eleven quarterbacks in the NFL altogether on the same team and puts them...

Asset Allocation: Why Strategic Versus Tactical Choices Matter How can I be energized after teaching a six-hour workshop? When investors appreciate the message, their...

Academics Agree: Asset Allocation is the Only Free Lunch in the Investing Arena Upfront, it’s important to note that unlike most investors who hear asset allocation and conjure up three asset...

Beliefs, Principles, Rules

Your Canary In the Trading Room In the sports world, parties debate whether a premiere defense defeats a premier offense or whether great hitters...

The 4 Crucial Beliefs Of Successful Investors If you don’t believe in yourself as an investor and have absolute faith in your methodology, trading the markets...

Essential Rules to Share with Your Friends: The Financial Simpletons I had a shock recently. I met a couple who was in the midst of what I considered to be a personal financial...

The Four Crucial Beliefs Necessary to Achieve Stock Market Mastery Galloping through the markets without recognizing the impact of your essential beliefs is an investing tragedy of...

Four Timeless Investing Principles I’ve spent many years of digging into my own trading journal, looking for lessons, rules, principles and insights to...

The Albert Einstein Approach to Stock Market Investing Albert Einstein famously said, “If I had one hour to save the world, I would spend 55 minutes defining the problem...

Wall Street's Complexity versus Investors' Profits & Simplicity “Any darn fool can make something complex; it takes a genius to make something simple.” -- Pete Seeger As a...

Reduce Risk and Increase Rewards

The Two Pillars of Probability Enhancement: How To Systematically Reduce Risk and Increase Rewards If you didn't catch my interview on Wednesday morning, I joined Tom Bowley and Erin Swenlin on their StockCharts TV...

Two-for-One: How to Live Longer and Pass the Financial Baton to Future Generations “Yes, the fountain of youth really does exist, and academic research is increasingly proving it to be found amidst...

All Successful Investors Need an EDGE: Here's Mine All successful investors must have some type of “edge”. If you don’t know what yours is, odds are you don’t...

My 3-Prong Recipe for the Safe Growth & Outperformance of Your Portfolio There is a seismic generational displacement happening in the investment landscape. Many investors are shifting...

Powerful and Profitable Pairings: 1 + 1 = 3 For myself, one of the most momentous insights into life and investing happened over 25 years ago when Sir John...

Investing Is To Trading Just As Style Is To Design In the automotive industry, a car designer begins his or her career as a automotive stylist. Over time, as...