How I turned $1760 into 50 dollars

intro

Most people only highlight their investing accomplishments. But I’m going to talk about one of my failures and how you can avoid the same mistakes. I made the mistake in the foreign exchange market but this mistake could apply to practically every market because it involves trading psychology. One thousand, seven hundred and sixty dollars [...]

Junk in the Trunk a.k.a. Growing your Assets

We’ve talked about stocks already but that’s just one of many asset classes you can add to your portfolio. Some common asset classes include Stocks, Bonds, Forex, Options, and Futures. Each requires a little more knowledge and sophistication. So let’s talk a little bit about risk and reward. If I told you that I would [...]

Bond. Treasury Bond.

Time to talk bonds. Yay! Most investors think bonds are pretty boring but since bonds contributed to the recent recession I think it’s important to take a quick look at them. The average person thinks that they borrow from the bank and they pay the bank because the bank is the owner of their debt. [...]