The median wage in the US per person is $26,695. The median household income is at $50,500 but
Archives of “January 18, 2019” day
rssTrading Excuses
He Feels The Passion Rising and he notices he does not fully understand it so he stops, politely excuses himself and goes home to analyze it all.
In Trading & Life :No Shortcuts—Work For it
Our Subscribers Are Profitable Because…
Stay Humble
Walt Disney's 1957 drawing of his corporate strategy
Successful Traders (Only 5% )-They Discuss Ideas only.
Mint Money 24×7 x 366 is our Mantra From Trading.
Price War or Phantom Bargain?
Following the trend instead of thinking independently
Crowd mentality is most likely to be wrong. Crowds don’t think. They react.” This takes us all the way back to rule number one: have rules. One of the rules should be to follow our own thinking and not that of the crowd. By the time the crowd jumps on board, the move is usually over anyway! Hence, reaction instead of action.
INSPIRATION FROM JACK HURST
From the “what is our excuse” department.
One of the many books I’ve been reading lately has included Jason Zweig’s book YOUR MONEY AND YOUR BRAIN. While reading the last chapter this weekend the author mentioned a gentleman who is an “amazing money manager” not because of some envious track record or amazing annual returns but because of his ability to invest in spite of physical obstacles most of us would use as an excuse not to succeed.
Mr. Zweig provides more details about Jack Hurst’s life in the following article from 2005. Mr. Hurst, who with debilitating ALS can still say “I don’t have a lot of regrets, because I’ve always performed to the best of my abilities in whatever task I faced…A person in my position doesn’t have much to complain about.”