Are you a trader or an investor? Trading implies buying and selling regularly. While investing usually means buying and holding. But what if you plan to buy low and sell high quickly, but your trade only heads lower? At this point if you decide to hold on and maybe even buy more to lower your average cost does… Read More »
The “source” in resourcefulness Tony Robbins said you never really lack resources. And the real problem is a lack of resourcefulness. Whenever you feel poor, kindly remind yourself that you don’t need money. You need resourcefulness. Most millionaires today didn’t have resources at first. But they had resourcefulness and they used it to ultimately gain resources over time.… Read More »
My stocks tier list As many of you know, I deposited $100,000 into my margin account recently and I’m looking for new stocks to buy. 😀 A few weeks ago I asked on my YouTube channel for stock ideas that I could make a tier list for. Many people gave suggestions. There were 22 stocks and 1 ETF… Read More »
July options trading update I earned $5,940 trading options in July. This was the highest number of transaction ever. I paid $96 in trading commissions. Several option positions expired in the money and were assigned. TD Bank (TSE:TD) 100 shares at $86. My TD shares got called away at $92. Now I got assigned the same 100… Read More »
Has the stock market bottomed? Just five tech companies control nearly 25% of the S&P 500 index’s market cap. AAPL, MSFT, AMZN, GOOG, and META all report earnings this week. Their results will likely determine the direction of the market for months to come. This is a pivotal time that could either turn everything around for the stock… Read More »
The US Treasury Secretary Janet Yellen explained at a New York even that she does not think the US is going to have a recession. But I think she’s wrong. In 2019 I wrote a post warning that a recession was likely right around the corner. I also predicted that when it happens the stock market would fall… Read More »