[wp_ad_camp_1] Stocks have been on rampage since they hit their lows in 2009. Just in 2013 alone, the stock market gained 30%. And because of the recent gains, more individual investors have been getting into the market. And if you are one of the new investors, you will probably make a few mistakes before finally figuring out how stock investing works. Here are six of the biggest mistakes that new investors make in the stock market. I am guilty of all of these mistakes when I first started investing in…
Read MoreMonth: February 2014
Jesse Livermore’s 21 Rules of Trading
[wp_ad_camp_1] Jesse Lauriston Livermore, the famed stock market trader, also known as the “Great Bear of Wall Street” made his fortune by shorting stocks during bear markets, primarily during the 1907 and 1929 bear markets. In 1940, he wrote down 21 rules that he lived by during his stock trading career. The rules are as follows:
Read MoreCredit Card Churning 101
[wp_ad_camp_1] Credit cards, when used with care, can yield amazing benefits. One of the main benefits are the travel perks. If you have good credit, there are many credit cards out there that are willing to give you free flights and hotel stays if you sign up with them. There is a small community of people who travel on the credit card company’s dime all the time—they are called credit card churners. Credit card churning is the practice of signing up for credit cards that offer large sign-up bonuses, and…
Read MoreTips on Frugal Living
[wp_ad_camp_1] Too often in our society we are told, either subliminally or outright, that having massive material wealth is the key to success, and therefore the key to happiness. The “people who matter,” are paraded in front of our eyes on TV and in the press with the biggest houses, the shiniest cars and the hippest clothes. (Lest we forget, they are also often paraded in front of our eyes with the biggest drug addictions, the most dysfunctional families and the longest criminal records.)
Read More