It seems that every day I turn on the TV and find a Poker game. Texas No Limit seems to be all the rage these days. I love watching it. When I discuss this with others, their response is always the same, "You should play." Ah, but what they don't know is I stay out of the kitchen. As far as risk to reward ratio. That's a gamble I'm not willing to take. I prefer to invest my money. Sometimes I gamble in the stock market, but as long as I stay within my comfort zone (long term), I don't mind.
Tolerable risk should be the goal of every investor. Know your limits! Here are my big three don'ts:
Here's a poem I wrote about a real person.
There once was a man from the North East Who thought he could tame the great beast Money in hand, he headed to Wall Street A Bull market it was, an IPO investment he couldn't beat The morning bell rang and he started to buy?
Drug store, MP3, Martha Stewart, and Be Free, Flashnet, Redhat, Eloan, and Goldman Sachs, Foundry Networks, Agilent, NextCard, and JNI corp, Goto, PCOrder, Free Markets, and Intertrust technologies, Ivillages, Keynote Systems, Radware, and Women, Kana, The Street, Internet Initiative, and Insweb, WWE, TicketMaster, CitySearch, and Ziff Davis.
He felt so good, like a young man and spry The days rolled along and the market did swell Up 80% by the close of the bell.
It was over the next few days that reality hit home The stocks started to plummet like the downfall of Rome A huge loss was incurred, sell everything without care Along with riding the bull you get tamed by the bear!
This real man I'm speaking of has class action law suits against every one of these companies and the underwriters of the IPO. Here's a link to the law firm, Lovell Stewart Halebian LLP http://www.lshllp.com/homejump.ihtml?page=classaction.ihtml that happens to be representing this man in all these cases. To this gentlemen I have 6 words?if you can't stand the heat.
About The Author
Brian Weiss is owner operator of http://www.lshllp.com/homejump.ihtml?page=classaction.ihtml a specialty search engine with free investors software, spread sheets, investors dictionary, and financial weblog.
http://www.lshllp.com/homejump.ihtml?page=classaction.ihtml
house refresh service Lincolnshire ..Before you embark upon a journey of trading stocks or... Read More
The higher the market goes the more confusing are the... Read More
(1) CHK stock price $16.74, NAV $32.5CHK is my favorite... Read More
With all the bad news that has been dumped upon... Read More
This is a rather simple strategy with which I am... Read More
Very few people, even professionals, have heard of the Dalbar... Read More
Yesterday I received my monthly issue of MONEY magazine. This... Read More
Dollar cost averaging is one of the most popular ideas... Read More
Every year I go to the Money Show in Orlando,... Read More
One of the things people are always asking me is... Read More
In his wonderful book, 'Multiple Streams of Income', best selling... Read More
We've all heard of the stock market and probably have... Read More
The stock market is very unstable at this time going... Read More
In today's volatile and confusing stock markets everyone is searching... Read More
TOO OFTEN, INVESTORS SIMPLY CHOOSE TO follow the crowd. This... Read More
During the day I watch CNBC-TV, the stock market channel.... Read More
All stock trading and investing methods must deal with the... Read More
How can you dispel an illusion unless you look directly... Read More
Intervention. Now don't let that big word scare you. The... Read More
If you are serious about making and keeping money by... Read More
If you are fed up with early redemption charges and... Read More
For years investors have been taught to look into the... Read More
Reduce your investing and stock market risks by:Setting your sights... Read More
One Saturday morning, while he was sitting at his computer... Read More
Time to look back2004 is over, now we are in... Read More
licensed cleaning services Lake Forest ..Most stock market traders have a favorite technical indicator.The one... Read More
One of the greatest challenges of investing in stocks is... Read More
Reach in your pocket and take out that big roll... Read More
There is nothing more exciting than finding an undervalued stock... Read More
When an individual investor wants to roll up his sleeves... Read More
It depends on your level of understanding of the market... Read More
How is it possible that trash Companies are posting less... Read More
The bulls and bears of the stock market are both... Read More
Inverted interest rates? What's that? Who cares? Even if you... Read More
How do you make money without picking tops and bottoms?I... Read More
Wall Street's watchword has always been diversification, but what does... Read More
Since I can remember, and that's a long time ago,... Read More
In one of my previous articles (Investing in the stock... Read More
If you don't know where you are going any road... Read More
In 1960 an engineer working for a watch company in... Read More
Stocks breakout from properly formed bases everyday but many investors... Read More
Question: How does it get better when it gets worse?Last... Read More
Where is the beef? Or maybe it should be where... Read More
After the publication of the first part of this two... Read More
You should ignore analysts on TV, the radio, the newspaper... Read More
That sounds like good advice doesn't it? Don't lose all... Read More
Starbucks earnings are up again and so is their stock... Read More
Jack and Jill went up the hill to fetch a... Read More
If you don't know what a Roth IRA is then... Read More
All stock trading and investing methods must deal with the... Read More
Stocks & Mutual Fund |