Most Common Stock Market Investing Mistakes

If you were an investor in the first few weeks of February of 2018, you probably want to visit a place like Anger Room.

“Redirect your frustrations and take it out with us…safely.”

It’s a real thing.

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Where And How To Invest Your Monthly Salary

It was a lot like one of those horror movies– when the characters can’t get out of the house where the murderer is.

On a day when the Dow Jones Industrial dropped by 1,175 points (a 4.6% decline- and a record, in terms of number of points), many prominent online investment firms had their websites crash. Clients could not access their accounts and make transactions.

As if investing wasn’t hard enough already.

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Accumulating Wealth: What’s the best path?

“Actually, I’ve always lived frugally and saved a lot of my income, so I don’t need to work for awhile”

Wow.

It was 1999, and I was talking to a co-worker, Ron, who was about 50 years old. A large insurance company we both worked for was merging with another firm, and we were both leaving the company. (I left to start my current business).

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The Diet Coke Label: A Personal Finance Story (Chap. 14)

Authors’ note:

This post is a chapter in my book, Not Another Personal Finance Book. Free chapters here. Enjoy!

Where’s the Diet Coke?!

The grocery store shelves were fully stocked, as David scanned the selections nervously. There’s all the Pepsi products, regular Coke (who drinks that?), but no Diet Coke. He was about to ask a clerk when he leaned in and noticed the problem.

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What Is The Most Secure And Profitable Investment In The World?

So, I was in an eclectic coffee shop with my 26-year old daughter over the holidays. One of the traditions of this coffee shop is that all the cups and mugs are from thrift stores- stuff that they’re accumulated over the years. The two guys working the shop were in their 20s, also. My daughter had a short conversation with one of the guys, who bought her coffee over. Here’s what the coffee mug said:

“Hold me, touch me, love me”

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The One Accounting Skill All Stock Market Investors Need

Wall Street Two Signs

Investing and accounting go hand and in hand. Yet while many investors spend time looking at balance sheets and income statements, there’s one accounting skill that isn’t often talked about. And in my experience, it’s incredibly important to security analysis investing success!

So what is this mysterious accounting ability? Well, to put it simply, it’s about translating business accounting ratios and popular financial metrics into an easy-to-understand narrative that describes what’s happening. And although this can take some practice, it’s probably easier than you think.

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The Melted Recycling Bin: A Personal Finance Story (Chap. 9)

Authors’ note:

Explaining personal finance can be pretty dull. That’s a problem, if you need to learn about personal finance.

On a plane from St. Louis to Seattle, I decided to try and fix the problem. What if I could wrap some accounting concepts inside of a quirky (funny?) short story? My goal here is to present some information, and then add another step in the story. So, when you get to the end, you’ve been reminded of an personal finance concept- but you’ve received the information in a light-hearted way.

This blog post explains compounding interest, and how this concept works in favor of investors- and works against borrowers.

Anyway, that’s the goal here. The stories are written in chapter order, so that there is a logical flow for the reader. Enjoy!

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What Are The Best Investment Blogs and Websites?

Skimming the online version of The Wall Street Journal each day will have a massive impact on your ability to understand investing.

“Well, that’s a pretty bold statement.”

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What Are The Best Ways to Invest Money?

“If you don’t know where you are going any road can take your there”

That quote is attributed to Lewis Carroll from the book Alice in Wonderland, and that same quote applies to investors. If you’re searching for the best way to invest money, you need a plan. As Admiral Painter says in the movie Hunt For Red October:

“Russians don’t take a dump, son, without a plan.”

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