Stage 1: Money Management
Last updated
Was this helpful?
Last updated
Was this helpful?
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 is the first step to becoming a consistently profitable investor. It’s all about working...
Google “money management” and you’ll get back a quagmire of non-sequiturs, disjointed, inconsistent and incomplete...
In his Market Wizards books, Jack Swagger interviews an outstanding collection of renowned investors, traders and...
From what I’ve seen of most investors’ asset allocations, it’s a maze. My personal asset allocation is better...
There’s nothing like teaching a seminar to fifty sharp investors on this topic and having them demand more clarity...
Thomas Jefferson opined that “Eternal vigilance is the price of liberty.” For modern investors, I’d say...
Many investors would be shocked to learn that what they thought was their prudent well-diversified portfolio of five...
Far too many investors assume (wrongly) that if two equities – such as the S&P 500 (SPY) and the Vanguard Total...
Imagine a football coach who has the best eleven quarterbacks in the NFL altogether on the same team and puts them...
How can I be energized after teaching a six-hour workshop? When investors appreciate the message, their...
Upfront, it’s important to note that unlike most investors who hear asset allocation and conjure up three asset...
In the sports world, parties debate whether a premiere defense defeats a premier offense or whether great hitters...
If you don’t believe in yourself as an investor and have absolute faith in your methodology, trading the markets...
I had a shock recently. I met a couple who was in the midst of what I considered to be a personal financial...
Galloping through the markets without recognizing the impact of your essential beliefs is an investing tragedy of...
I’ve spent many years of digging into my own trading journal, looking for lessons, rules, principles and insights to...
Albert Einstein famously said, “If I had one hour to save the world, I would spend 55 minutes defining the problem...
“Any darn fool can make something complex; it takes a genius to make something simple.” -- Pete Seeger As a...
If you didn't catch my interview on Wednesday morning, I joined Tom Bowley and Erin Swenlin on their StockCharts TV...
“Yes, the fountain of youth really does exist, and academic research is increasingly proving it to be found amidst...
All successful investors must have some type of “edge”. If you don’t know what yours is, odds are you don’t...
There is a seismic generational displacement happening in the investment landscape. Many investors are shifting...
For myself, one of the most momentous insights into life and investing happened over 25 years ago when Sir John...
In the automotive industry, a car designer begins his or her career as a automotive stylist. Over time, as...