Stock Investing 101.3: Buying and Selling Stocks
By now you have learned about stocks and opening a brokerage account. This third installment of beginner investment education will walk you through buying and selling stocks. Before You Buy Before getting too excited about buying stocks, be sure you have funded your brokerage account. The days of having to buy round lots (buying shares in multiples of 100) are over – you can get started with as little as $500. Be sure the money has cleared your account and is ready to use for purchasing stocks. You need a strategy. Without a...
read moreYou Should Know Joel Greenblatt
Warren Buffett is the name generally discussed by value investors as the pinnacle of investment success. He deserves every accolade thrown his way, and rightly so: he has amassed more wealth in his lifetime than almost anyone else in the history of the world, and he did by intelligent investing. But today’s value investors have heroes other than Buffett that deserve just as much attention and study. One of these is Joel Greenblatt. Joel Greenblatt built most of...
read moreStock Investing 101.2: Opening an Account
In my first post on stock investing I discussed the definition of stock, how it is owned and how it is traded. In order to own and trade stock you must have a stockbroker. This entry, the second in a series of investor education, will discuss opening a brokerage account. To refresh on brokers, here is an excerpt from my previous entry: “Stocks are purchased through a broker. The broker acts a middleman between the stockholder and the rest of the market. With today’s technology the concept of a “stockbroker” is changing from a...
read moreWhy Investors Have No Love for Ron Paul
Investors tend to be an optimistic lot. They follow politics more than the average person, but for the most part keep their noses on the ground for wealth-generating opportunities. They understand presidents come and go, congresses fluctuate between mildly productive and dysfunctional, and the economy cycles up and down, but investors march on knowing that capitalism and free enterprise will continue to create opportunities. Politicians can slow or dent this system, but investors know the system is greater than any one man. One leader...
read moreAdvantages and Disadvantages of a Gold Standard
Advantages Long-term price stability has been described as the great virtue of the gold standard. The gold standard limits the power of governments to inflate prices through excessive issuance of paper currency. Under the gold standard, high levels of inflation are rare, and hyperinflation is nearly impossible as the money supply can only grow at the rate that the gold supply increases. Economy-wide price increases caused by ever-increasing amounts of currency chasing a constant supply of goods are rare, as gold supply for monetary...
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