Don’t worry. I’m not gonna teach you how to become a drug dealer. In a global economy that is struggling to grow, it’s not easy to find good companies to invest in that won’t be affected by the overall economy. You want to find companies that are essentially recession proof and will still continue to [...]
Not too long ago, it seemed that everybody was moving out into the suburbs where they can live in their big houses and drive their gas guzzling SUV’s to commute around. But nowadays, it seems more people are moving back into the city to take advantage of a more active lifestyle. With less traveling, it [...]
These days with big supermarket chains (ah-hem… Wal-mart, “cough, cough”), it’s sometimes hard to find quality fresh fruits and vegetables especially if it’s mass produced. I always try to buy organic, or a more natural choice of food selections from local farmers. The reasons are it’s simply healthier (note: less hormones and chemicals) and it’s [...]
Have you ever said that to yourself or told someone that when you’re frustrated about your crazy, busy life? Come on… you did. Didn’t you? It’s okay to admit that. I live a pretty busy life with many things happening all the time so how do I manage them effectively. Let me share with you [...]
Last week I had the pleasure of hosting a gathering of like minded, passionate individuals to talk about trading and the markets. If you’re in Toronto or New York City, please join us for future gatherings. I hope to have another group set up in the UK as well. See you soon. Toronto: www.meetup.com/stocktraderscommunity NYC: [...]
Cut your losers and Ride your winners! – unknown
Sticking to a similar theme from my last post, last week I was telling you how proud I was about one of my students who turned basically peanuts into hundreds of thousands of peanuts. That’s a lot of peanuts!!! I reached out to him and he shared with me his amazing story. While I was [...]
I’ve met a lot of successful people in trading, business or in their respective fields over the years and they all seem to have one thing in common. They are financially successful because they choose not to focus on the money while in the pursuit of their dreams. Money is not the key driver for [...]
Based on recent economic data reported in the past few months, it doesn’t look like the global economy is in great shape and there are suggestions that we may face a double dip recession. Yeah it sucks bigtime. The global stock market has already indicated this by falling very sharply in just the past two [...]
I wrote an article a few months ago suggesting that the maker of the popular BlackBerry device, Research In Motion would face huge challenges competing with Apple and Google’s Android phones. Well, the company confirmed this last week when they reported declining revenue figures and forecasts much lower than expected. Subsequently, the stock fell over [...]
