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
high-end home cleaning Morton Grove ..The higher the market goes the more confusing are the... Read More
Where is the beef? Or maybe it should be where... Read More
If you are serious about making and keeping money by... Read More
After the publication of the first part of this two... Read More
It's about time someone spoke the truth concerning outsourcing. The... Read More
For the last 12 years we have seen the Japanese... Read More
Just about everything you have been told about Social Security... Read More
Ever notice how behavior in one area of life can... Read More
If you have not back tested your trading system, you... Read More
If you were to find that you had some severe... Read More
What the heck am I talking about?It is often said... Read More
An insane person cannot evaluate an insane evaluation system.As you... Read More
I often play a little game with myself when I... Read More
Ever done any whitewater rafting or canoeing? Long periods of... Read More
In November of 2000 when the NASDAQ was trading at... Read More
When it comes to stock market trading it PAYS to... Read More
Many people would like to diversify their portfolios to expand... Read More
The fight continues to rage among traders who use technical... Read More
If you're a normal human being, your need to feel... Read More
With the internet such a huge part of our daily... Read More
The debate rages all over Eastern and Central Europe, in... Read More
Stock trading remains a very competitive field and the stock... Read More
What are you thinking when it comes to your no... Read More
Why? Because I am going to shatter your conventional wisdom... Read More
For some "long term" would mean holding a stock position... Read More
spring cleaning service Buffalo Grove ..Several times each month I am solicited by various market... Read More
We have two candidates for president that have really different... Read More
The spring-loaded rat catcher is the ultimate low-tech device invented... Read More
Caught in a whirlpool and being sucked under. No life... Read More
How do you make money without picking tops and bottoms?I... Read More
This is an extract of an article which was first... Read More
Ever notice how behavior in one area of life can... Read More
Fundamental analysis.Fundamentals analysis says the best way to predict the... Read More
I am taking the time to help others learn the... Read More
You remember (they show it on TV every year) the... Read More
Before you buy another car you walk around the lot,... Read More
Wall Street's watchword has always been diversification, but what does... Read More
One of the basic laws of physics is that a... Read More
Cat or dog? Maybe Zebra. Shucks, I don't know, but... Read More
Using Swing Trading Strategies and Technical Analysis when Trading Stocks... Read More
A common problem I often see when working with living... Read More
I mean it when I say that. While plastic silverware... Read More
Trading is a fascinating activity.There are so many layers to... Read More
Intervention. Now don't let that big word scare you. The... Read More
As the man said, "I've got some good news and... Read More
I love roller coasters. The steeper the better. High and... Read More
When most analysts, financial planners, fund specialists and investors try... Read More
A few years back ? it seems like an eternity... Read More
One of the big advertising kicks today from mutual funds... Read More
Do you have a nest egg? You know, a place... Read More
Stocks & Mutual Fund |