Future Depends On Events: On Investments (IM 934)

Looking at the histories, we can say that the market depends solely on events. The Great Depression on 1929, Second World War of 1939, The Black Monday of 1987, The dot-com Bubble of 1999, The Great Recession of 2008 are all the events that drove the economy in different direction. I consider the Coronavirus Pandemic…

On HCMC: Worth The Bet? (IM 933)

Healthier Choices Management Corp ( Ticker Symbol: HCMC), a food and health supplement store company is getting lots of attention from Investors. Currently trading a $0.0018 per share, investors see a lot of potential in this company. All the attention came when HCMC sued Philip Morris International (NYSE:PM) over patent infringement. The lawsuit alleges that PM infringed…

Lessons From Jack Bogle (IM 921)

“You must wait until the evening to enjoy the splendor of the day.” Sophocles Founder and chief executive of The Vanguard Group, Jack Bogle, is considered as one of the greatest American investors. The ideal investment vehicle for Bogle was a low-cost index fund held over a period of a lifetime with dividends reinvested and purchased…

Pattern of mistakes (IM 697)

The path to success starts with knowing the weakness and mistakes and challenging them. The reflection of the mistakes is crucial to progress from it. I have been noticing that I have made a lot of mistakes. Here I have enlisted my painful mistakes that I’ve made in investment career till now. I wrote down…

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…

Perspective is everything (IM 393)

A wind extinguishes a candle but fans a fire. Whatever the impact is, the consequences is always good on the background even though there is negative impact directly. It is up to us how we view consequences. Everything depends on perspective. We can benefit a lot from this….

Every condition reverse itself (IM 322)

….. and tries to become normal. That’s the nature’s law… What goes down will rise and what rises will fall trying to come to normalcy. Same applies in investing as well: oversold stocks will rise and overbought stocks will fall trying to become neutral.  

Consider these before investing (IM#295)

Always be prepared for the worst possible scenario. Play/invest only with what you can afford to lose. Learn from every moves and make principles from it. Stick to your principles. Be patient and read the market and the patterns. Differentiate yourself from others. Be consistent and disciplined.

Weekly goal for trading (IM#281)

I decided to make a weekly goal for trading which goes as below: Select 2-3 stocks for the entire week and trade those by studying the patterns (Only quality stocks). Buy 1-2 options below $35 (target price) and sell those within 2-3 days. Don’t buy unfamiliar and unstudied options. Don’t keep options for more than…