Where Are You?

Wednesday, January 30th, 2008

We would love to know where you hale from! While we can see where you are, let others know that your town or country counts too. I know we have people from all over the world visiting the site.

You can use this fun location and visitor map. You can even put your name, or make one up in there too.  Everyone should have at least one Internet handle anyway.  It is a fun tool that I will show you later how to use to help your investing career.

It is easy to use and you can’t hurt it. If you click on it and hold down your left mouse button, you can move the map around or click on the - or + signs to zoom in or out on the map.


Taking action with your investments

Monday, January 28th, 2008

While it is fine to examine what you are doing and figure out the best way to do a trade of any type, it ultimately comes down to taking action and doing it. This can be actually buying the stock or option, or even selling it. No matter which way you are going, you never make money sitting on the sidelines.

That is not to say that you have to trade all of the time, but you do actually have to trade sometimes. This may or may not sit well with some of you, but after you have done all of your homework and all of the information has had time to gel, then it is time to let you gut tell you to do the trade. When you have the feeling you should, 9 times our of 10 I have found that it is right. Whether it be buying that put, selling a call, or putting an offer in on a piece of Real Estate, if you gut tells you to, you should do it.

If you are doing proper risk management, then you do not have to be too worried about. Get in the habit of doing, and the results will follow. There are a millions armchair quarterbacks that always talk about the woulda shoulda’s they have not ever done.

Be one of the actual doers and you will be much happier for it.