Don't buy just one stock when you buy shares. Buy at least four or five. Most of the time, even the most skilled professional can only pick seven winners out of ten. What if he had only bought the wrong three, even though he thought they were...
Since the book "Fortune's Formula" came out, many investors use the Kelly Criterion to figure out how much they should invest. Most of these investors, though, haven't gone through the math behind the Kelly Criterion or read Ed Thorp's paper on...
So, what is the best money advice you can get right now to help you reach your financial goals? In fact, there are a lot of different tips that will help you get to a place where you don't have to worry about money.
But what you want the...
Have we not seen it way too often?
There are ads that say you can make thousands of percent in profits in just a few days and become a millionaire in just a few weeks by trading options. Most of the time, these kinds of ads bring in...
I'm really sceptical about most newsletters after years of trading.
This is a review of Marl "The Stock Trading Robot" based on my own experience with it.
The Doubling Stocks newsletter gives stock picks that are chosen by an...
Individual investors are losing their ability to vote in important shareholder matters, either in person or through proxies. The reason for this lack of representation has nothing to do with shady business practises or secret votes, which might...
For a millennium, mankind attempted to define and measure risk.
From the time of Pascal and Golton to today's forerunners in academia, people have been trying to define and measure risk. There doesn't seem to be a way to mathematically...
We've all had bad experiences on the stock market, haven't we?
Do you remember the time you found a great stock with good news coming up and that was going up strong? But just a few days after you buy stock in that company, it goes down...
Diversifying your portfolio gives you a lot more stability with your investments and makes it easier to stay in the black. But if you already have a portfolio with a lot of different types of investments and think you know a lot about the stock...
An option is a contract that gives you the right to buy or sell 100 shares of stock. (Each option always means one hundred shares.) This right comes with a certain stock and a fixed price per share that won't change until a certain date in the...