Jul 06
Perhaps the wisest investment strategy is getting some long term stock investments in your portfolio. This way you will enjoy low transaction costs and an almost guaranteed growth. Here are 5 examples of long term growth stocks that should be part of a well-rounded portfolio:
1) GE – General Electric (NYSE: GE)
GE has done quite well in the last few years to reposition itself to be the leader of the current global economic trends. GE currently has the leading market share in hybrid locomotives, jet engines, and other transportation equipment industry. The company builds energy-efficient, state-of-the-art power plant equipment, involving both fossil fuels and alternative energy. GE also finances products having to do with global infrastructure and its health care technologies platform is highly developed. This is an excellent choice for long term stock investments.
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May 04
Investing is a topic that everyone seems to have something to say about, but some so-called “advice” is nothing more than a bunch of investment myths. Here are 5 of these myths and the investment mistakes that I have seen people commonly make:
Investment Myth #1: I’m too young to bother investing in my retirement.
Like many people, you are probably saying you are too young to worry about retirement, even though you may be in your thirties. The reality is that you are never too young to think about retirement, because time really does go by quickly. Your retirement will only be your “Golden Years” if you actually start planning and investing in it now, so that you have money to spend when you reach that age, instead of working overtime and retiring later than others.
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Apr 06
There are a lot of people doing day trading for a living, and you can do this too. However, you must understand the difficulties, as well as know invaluable day trading strategies in order to be successful. You must also never forget that day trading for a living is a lot like running your own business, meaning that your workday is not over when the market bell rings. The time and effort you put in are of utmost importance.
Even more crucial than time and effort, though, is money. One of the biggest mistakes of trying to do day trading for a living is undercapitalization. Simply, if you don’t have disposable income, then you shouldn’t be day trading. Undercapitalization is the reason many start-up businesses fail, and it is the reason that day trading for a living fails too. The worst thing you can do is use a second mortgage or credit card advances, because you might as well throw your money straight in the garbage can.
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