Yes, it still makes sense to use leverage today. Let me explain… 🙂 Leverage in a higher interest rate environment My margin interest rate used to be just 1.8% last year. Borrowing money at this low rate to buy stocks was a no brainer since the stock market returns on average way more than that. However, today my… Read More »
John C. “Jack” Bogle was an investor and philanthropist who founded the Vanguard Group and pioneered index investing. Vanguard has become one of the largest investment management companies in the world with about $7 trillion of assets under management. Bogle built Vanguard as essentially a non-profit organization because it is owned by the investors in its funds. Credited… Read More »
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 »