Tag: Stock Market
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Book Giveaway: Why are We So Clueless About the Stock Market?
This week’s book giveaway is for the book, Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market. The purpose of this book is to help readers understand the basics of stock market investing. Material covered includes…
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Earning $20,000 Equals Half Million Dollar Nest Egg
With the recent stock market fall, a lot of near-retirees are seeing their nest eggs fall below their “Number,” the amount they need to retire comfortably. This has, rightfully so, a lot of near-retirees worried. What should a near-retiree do? Draw on Social Security early so that the retirement assets can recover? Pull out of…
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Don’t Check Your Retirement Account Balance
This really only applies to people who are decades away from retirement. This week started off rough. Merill Lynch agreed to be purchased by Bank of America, Lehman brothers filed for bankruptcy protection, and AIG looked about fifteen minutes away from also filing for bankruptcy protection. On Monday, the Dow Jones Industrial Average fell over…
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Don’t Compulsively Check Your Retirement Investments
I have a nasty habit of checking stuff all the time. Whether it’s the traffic stats on my blog or the performance of my retirement investments, I feel a compelling need to “check in” on things all the time. How often is all the time? I once checked how many times I checked stock prices…
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Bear Market Means Stock Market Discounts
I you’re a young investor, with decades before you’ll need the assets in your retirement portfolio, this bear market should make you happy. While it’s difficult to swallow the losses your retirement account has made, think of it as a 20% discount on what you’ll be buying over the next few years rather than a…
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10 Rules: Stocks, Stocks, Stocks
The seventh tip of Forbes ten rules for building wealth deals with “proper” asset allocation and that you should be investing more in stocks and less in anything else. Their rule of thumb? 120 minus your age should equal allocation percentage in stocks and the rest should be put in bonds. Stocks are usually more…
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10 Rules: Don’t Chase Trends
One of things that a lot of people do, without even thinking about it, is the topic of this particular tip. Human beings have a natural herd mentality and so when there are trends, people want to be a part of it whether it’s bell-bottom pants or its investments. During the dot-com bubble that burst…
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10 Rules: Don’t Try To Beat The Market
I wholeheartedly believe in this fourth tip of Forbes ten rules for building wealth of not trying to beat the market. Honestly, you have better things to do with your time than research investments and you should be doing those, instead of checking PE ratios, growth rates, and the like. Strangely, Forbes focuses a lot…