Recognizing the dips (IM 585)

Well, there is a possibility to recognize the dips in the stock market everyday, but it doesn’t happens all the time to most of the people. Long term investor are very clear about this as they follow the stock for a long time and they know its history. And history repeats… GE is now at…

Lesson from “The Millionaire Next Door” (IM 549)

Thomas J. Stanley, in his book ” The Millionaire Next Door: The Surprising Secrets of America’s Wealthy”, identifies and reveals the seven common traits that shows up again and again among those American who accumulate prodigious amount of wealth. Defining three terms Prodigious Accumulator of Wealth (PAW), Under Accumulator of Wealth (UAW) and Average Accumulator…

An economic suicide (IM 548)

America, the powerhouse of economy is committing suicide as we are witnessing the largest economic shock in the history of human kind. It’s faster, bigger and more devastating than any world wars. Last week the unemployment skyrocketed to about 7 million which is a record high. Though the stimulus bill was passed by the Congress,…

The goal of investing is not to make more money (IM#256)

The goal of my investing right now is not to make more money but to learn and experience my every move. The important tool in investing is time and it is very necessary. I believe without learning how the market works, we won’t be successful in investing. This is the reason why I’m experimenting with…