The Advantage of Asymmetric Risk/Reward An asymmetric trade is when we have limited downside risk, but a lot more upside return potential. 😀 For example, earlier this year Great Britain held a referendum to decide whether or not it should leave the European Union. There was a 50/50 chance it could go either way. However most investors, traders and… Read More »
Motivational speaker Tony Robbins interviewed self-made billionaire Ray Dalio. Ray heads the largest hedge fund in the world, Bridgewater Associates, which has over $150 billion in assets under management. The All Weather Portfolio According to Ray, “there is one thing we can see with absolute certainty: every investment has an ideal environment in which it flourishes. In other words, there’s… Read More »
Last month I blogged about opening up a new Interactive Brokers account to invest in stocks. I’ve received some reader’s questions since then. So in today’s follow-up post, I’d like to discuss the following topics. 🙂 How to Open an IB Account How to transfer funds between TD and Interactive Brokers How margin accounts work with IB How to… Read More »
Received My SolarShare Bond Certificate! If you meet someone new, start talking about global warming. It’s a real icebreaker! 😄 Climate change is very real and as a concerned citizen I want to help however I can. According to top scientists, earth is the only known planet with bacon. This is why I care so deeply about protecting the world. So… Read More »
What $300,000,000,000,000 Look Like All $ amount in today’s post is in US dollars. What would you buy if you had all the money in the world? According to British news site The Independent, the total amount of financial assets in the world is around $300 trillion. This is the total value for all the equities and fixed income, including… Read More »
Debt Isn’t Bad Private debt was invented to facilitate convenience in trade. This principle was widely accepted for most of human history. But things have changed in the 21st century. Today, many generic debt bloggers will rant about how much they hate debt with a passion and want to pay off their debts ASAP. They seem to be very debt-icated to… Read More »