Making Sense of Money

That's not a bad thing. "Feel -Good" investors buy stocks because they feel good about either the stocks or the companies that have issued them. "Feel-Good" investors are motivated by emotion, not by any financial acumen. That's not a bad way to select stocks. It may not be optimal, and it may not be the most profitable, but its not a bad way. Random selection Let me tell you about an experiment done a number of years ago. A group of researchers wanted to see just how random stock picking really is. They "commissioned" a monkey to throw darts at a financial stock page. They then followed the companies the monkey "selected." After following those randomly selected companies for a year, they concluded that the monkey-picked companies performed better than the S&P 500! Take profit That's a really scary thought: randomly pick a bundle of stocks and you can beat the market! Which shows that the market, in ge

Invest wisely Are you in search of information on investing in stocks for beginners?  Often, I receive requests from members of my stock market trading discussion group to provide my ideas on technical analysis of stocks that they're watching. Within the course of dialogue, I discovered one widespread factor which divides the successful traders from the losing traders. Generally, both cluster  of traders wish to browse their lists of active stocks to reveal achievable trading candidates. But, the traders in the winning group are particular about their trading, and have their entry and exit points well mapped out in a specific trading plan. So what do you certainly need to understand in relation to investing in stocks for beginners. In their trading ,they have exact entry and exit points...so that the trade is dispassionate. After they actually have entered a trade, either they're right and ride the trend or they are incorrect and you exit together with a loss that has

Take control of your money  (Pic by Joshua Hoehne) Are you the master of your wealth? You should be! In order to build a stable structure, you must begin with a heavy-duty financial foundation that will take care of you now while reinforcing your future goals. What do you need to do to put that structure in place? It is amazingly clear-cut. The tactics below will help to boost your monetary self-confidence and set yourself up for financial success. Get Organized Before you can proceed, you must be clear on where you stand financially right now. You can begin by developing a personal balance sheet. Make a list of each of your assets (what you own) and liabilities (what you owe). When you have gathered all your statistics this will give you a sense of your net worth. Next, figure out your monthly cash flow and take a check of your credit. You can use a budgeting template like this one to help simplify the process. Grow Your Net Worth - Analyze your take home pay - Make

A vital answer to successfully selecting your financial advisor is understand what questions you should ask. The painful fact is most consumers of financial and investment planning services don't ask the most important questions when finding, interviewing, and selecting the best financial advisor for his or her specific needs and financial goals. 

Having a bank is essential, so if you don’t currently have one, you’ll want to start looking for one right away. If you’re in this position, you might be wondering how to choose a bank. If so, you’re in luck!