Green Mountain Coffee Roasters (GMCR) was brought to my attention last year, but it wasn’t until I sent to a family member’s over Christmas and they all began talking about their new individual coffee makers with these specialized flavours that I payed close attention to this stock. Since then, it has shot up approximately 300%. Today, I thought I’d show you how the Evening Investor Strategy works with GMCR, especially during these more volatile days. What is particularly interesting is how the Evening Investor Strategy works with extreme volatility, like that seen with GMCR. Let’s take look… READ MORE →
I’m going to assume we’re in general agreement over the strength of the fundamentals of Apple (AAPL). Even if you’re not, no worries… the principles of the Evening Investor Strategy can still be demonstrated. If you’re just joining us here at Invest in the Markets, take a few moments to review the past couple of weeks of articles on “Day Trading.” It’s less to do with active day trading in the traditional sense and more about developing a strategy by which investors can spend 5-10 minutes in an evening and be successful in growing their investment portfolio. Today, I’ll show you how it works with Apple. READ MORE →
I recently came across an idea on the website “Couple Money” in which Elle hosts a Sunday blogger series each week, designed to promote the personal finance community and highlight other professional sites. I’m proud to say I’m the featured guest today, so check it out.
The Sunday Stock Exchange
This great idea got me thinking… one benefit of this site is the community of investors (and those curious about investing) who visit here on a regular basis. So, I decided to develop “The Sunday Stock Exchange” idea… a forum for investors and those interested in investing to share ideas on their perspectives on investing.
Today, is the inaugural post… and I’m pleased to introduce to you Hank Coleman of Moneyqanda.com. I borrowed from Elle a little and composed several questions to help keep some consistency between contributors… let’s see what Hank had to say in response. READ MORE →
Money and emotions are so intertwined that any change in a financial situation often has nothing to do with money, but is about a balance of power in the relationship.
~ Ginita Wall
Investing is emotional… and every investor, at one time or another, has to contend with emotion-driven investing decisions. When we make wise investment choices and we are rewarded with increases in our portfolio values, we feel gratified and confident. When we make poor investment choices and we realize our portfolio values have suffered, we feel discouraged and even depressed at times. And don’t be fooled… there is no way to completely eliminate emotion from investing. But we can limit it’s influence in our investing decisions by designing and then submitting to wise investment principles.
During the years that led to the development of the Evening Investor Strategy, I’ve allowed emotion to take the lead on numerous occasions and rarely, if ever, did it result in sustainable or successful investment practices. I backed off several times and eventually developed the Weekend Investor Strategy, designed for people who are looking to spend a little time (15-30 minutes) each week investing in their futures by taking control of their financial portfolios. This approach has served people very well by taking away most of the volatility that accompanies investing in the markets. Yet, there are those who want a more active approach… have a little more time (5-10 minutes each evening), want to be more active and trade more frequently, are interested in “bottoms” and catching a stock before it explodes upward, and don’t mind taking small gains and losses for the potential of more significant returns. Those of us who affiliate with this timeline will appreciate the Evening Investor Strategy. Personally, I find I’m interested in both approaches… so I segment part of my portfolio for the Weekend Investor Strategy and part for the Evening Investor Strategy.
The principles behind both strategies are similar… and the differences are minor. Nevertheless, we’ll take a few moments today to review the essential principles behind both strategies, noting minor differences along the way, that lead to successful investment practices… which, as you know, equates to profits within one’s investment portfolio. READ MORE →
I’m not a “Day Trader” by definition. While I recognize the benefits (and prefer to invest) using the Weekend Investor Strategy, many people still want to trade more frequently. They’re interested in the “bottoms” and catching them before the stock explodes upward. They’re educated and don’t mind spending time each day watching their portfolios, even if only for 5 minutes each evening. I understand the appeal and I see the benefits of a more active approach too. I suppose it comes down to individual preferences and risk tolerances.
So, I developed a Evening Investor Strategy… and I’ve spent the past several posts sharing with you my journey toward its development. I began by introducing how I was Day Trading a Stock Tip received by my “professional” advisor. I managed to buy a car with cash from the purchase and sale of a single stock… and also lost tremendous amounts of cash when I “bought on sale” and “dollar-cost” averaged another stock tip. I got wise… and moved toward limiting my losses by using a “5% Half out strategy,” demonstrated in the “Day Trading for Quick Profits” article. But selling half of a winning position at 5% up when it climbs 50% doesn’t feel so good… so, I looked for ways to measure stock movement and found some answers within technical analysis. It’s difficult, but possible to “Day Trade using Technical Charts and Analysis.” But the vast majority of technical indicators… all but two… are lagging indicators, leaving the investor reacting to what has happened rather than being able to anticipate what will happen or see what is currently happening with a stock’s momentum.
Today, I’m going to share with you the two technical indicators that are “real-time“ indicators… and have helped me make more profit than any other technical indicators. But before you “continue reading,” please grab a piece of paper and write down your guesses… no peaking! READ MORE →
Just before I share with you a few of my favourite reads this past week, I’d like to remind you of an opportunity – The Sunday Stock Exchange (click the title to read more about it). Some regulars at Invest in the Markets have been asking if they can participate… because they are not “stock traders” or “active investors.” My answer? Of course… I’ve designed the discussion starters to help generate conversations… not a monologue from my perspective alone. So, if you’re interested in contributing to The Sunday Stock Exchange, please send me an email and I’ll forward you the discussion starters. It starts next week!
Now, on to some of the articles I really enjoyed this week… I decided to take them out of the “comments” I received over the past couple of weeks. READ MORE →