Think and Grow Rich is one of the best selling psychology of wealth books of all time. It contains some of the best principles for creating the right mindset for wealth of any book ever written and was the book that practically began the self-help movement. While getting rich by building a business or growing […]
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“It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who
Arbitrage is the ability to profit by both buying and selling the same asset in two different markets at the same time to profit from any difference in the price in two different places. Arbitrage takes advantage of any variations in prices of the same or similar financial assets listed in different exchanges or in
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Dovish refers to the stance and sentiment a government monetary policy creator holds and expresses toward keeping interest rates low. Doves on the Federal Reserve board believe low-interest rates and accommodative monetary policy are important to keep the economy going and maintain low unemployment rates. If someone is dovish they are not as concerned about
Options are traded on contract markets and unlike stocks there is someone short and someone long every option at all times. Options are a zero sum market as there is always a winner and a loser in every price move. Someone has to write every contract and there must be a buyer and they both
An investment portfolio generally comprises diverse assets like stocks, ETFs, mutual funds, and bonds. Although it offers numerous advantages, investing and trading in options, an additional asset class, is far riskier than regular equity investments. However, specialized options trading strategies like the covered call strategy can minimize risk and limit losses. Selling covered call options,
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This is a guest post by @TraderLion_ When you look at the greatest stocks in history, there is one common element regardless of their story or sector, and that is superior price action and relative strength. And so one of the keys to achieving superior returns is learning how to identify stocks exhibiting relative strength
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Bitcoin is currently the most popular cryptocurrency in the world. It’s symbol is “₿”. It was created and launched in 2008 by someone under the name of Satoshi Nakamoto. The cryptocurrency went into real world use in 2009 as open-source blockchain software. Bitcoin was the first decentralized digital currency separate from a central authority. It
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What does the current Warren Buffett house look like? Warren Buffett still lives in the house he bought for $31,500 in 1958. Inflation adjusted to 2021 dollars it cost him $286,676 in 1958 buying power. His house is a 6,570 square feet stucco house that has 5 bedrooms and 2.5 bathrooms. His home is located
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Benjamin Graham is the father of value investing based on price versus fundamental underlying business value. He was a college professor, successful investor, money manager, and the best selling author of the classic book ‘The Intelligent Investor’ and co-authored ‘Security Analysis’. He taught at Columbia Business School and UCLA’s Anderson School of Management. His top
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