Monday, October 31, 2011
Happy Halloween!
I publish this link on my blogs every year at Halloween time, it's pretty cool:
http://ak.imgag.com/imgag/product/preview/flash/bws8Shell.swf?ihost=http%3A%2F%2Fak.imgag.com%2Fimgag&brandldrPath=%2Fproduct%2Ffull%2Fel%2F&cardNum=%2Fproduct%2Ffull%2Fap%2F3125133%2Fgraphic1
Monday, October 24, 2011
Small Companies That Provide Business Support Services to Other Small Businesses
One group of business that I believe are overlooked are small companies that support other small businesses.
For example, many very small businesses can't afford to lease or purchase credit card processing services or POS systems from larger vendors. Instead, they have to turn to small businesses that provide more scaled down and affordable versions.
This is why economic conditions, public policies, etc. that hurt or help one or two types of businesses can cause a positive or negative cycle that affect other small businesses.
In other words, the local business community in any one area is like an eco-system, such as a pond or ocean, where there is a balance and interdependency among businesses.
Wednesday, October 12, 2011
Learn To Relax and Not Panic In Volatile Stock Markets
In a wild, see-saw market like we've seen in the last few weeks, it is common for regular people to become worried and confused. In fact, even many professional traders are probably stressed out.
The thing is, there is never any reason to really worry - as long as you don't have to cash out the whole account in the next 5 years and you aren't trading with leverage.
Instead, there are only two things to know: stocks fluctuate, and fluctuations allow you to boost your return by buying low and selling high. When a stock you own goes down, buy some more. If a stock you own goes up, sell into the rise to generate your return.
In fact, buying into declines and selling into rises is the best way to trade - it does not require hindsight, luck, special knowledge or hours of research.
My book stock trading riches gives a complete trading system that follows this strategy. It also provides information on portfolio building, diversification, and choosing stocks and funds.
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