No, unless you want to waste money. In CDs the interest won’t even beat inflation and your principal will never grow (unlike stocks where you get dividends and growth, with CDs you get poor interest and no growth). Annuities look good on a surface but they in fact deprive you of off the stock market Continue reading →
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History repeats itself
I can see it all again and it is amazing and satisfying at the same time. Although, I should feel sorry or sympathy but I do not. Call me cynical or rude, but I actually feel satisfaction. What am I talking about? All the fools who last few weeks were boasting about their great success Continue reading →
In what type of market environment should you be buying dividend stocks?
This depends on your plan and goal. If you plan on building a portfolio over long haul which will one day generate nice income you can use to pay your bills and live off of your investments, then you should invest in any and all market environments. Ignore all noise, rumors, and fears of others Continue reading →
Why are so many people saying to putting money into an emergency fund and 6 months of expenses in savings when I could put that money in a taxable investment account and let it grow and use a credit card or HELOC for any emergencies?
There is nothing wrong with that as long as: you have access to a credit card which you can use to pay all your living expenses for a prolonged time without a need to pay it back every month (for example, if you lose a job or have an accident and can’t have a job Continue reading →
Are dividend shares a good way to protect yourself in a recession? If not, why not?
Yes and no. Dividends themselves will not protect your principal investment. If there is a recession or a panic selling, your stocks will lose value. There is no protection except going 100% cash. But that is tricky because no one will ever know when the recession started until we are in one deep to our Continue reading →
What is the secret of stock trading to make money all the time?
You need to distinguish between “stock trading” and “stock investing”. Stock investing is easy and you can make a lot of money over time. People tend to over estimate their ability to make money in the stock market in short time (everyone thinks they can get rich quick) but under estimate their ability to get Continue reading →
When the market goes up, everybody complains. When it falls, everybody complains.
So, I was wrong. Yesterday, I posted my expectation of a measured move. And it failed. Twice the futures tried to set up a pullback, twice that attempt failed and markets finished red. After exceptional, and never seen before, 3% drop in a row, a 1% selloff now seems like a lukewarm tea for babies. Continue reading →
What’s next in the stock market after this big rout?
The selloff we just experienced exceeded all my expectations. I do not remember when I saw the market drop more than 3% in two consecutive days. It was amazing! Well, of course, if you forget, that it was your money on the table in this rout. It is also a never seen move action when Continue reading →
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