With the economy and the stock market not doing so well lately, it may seem riskier and more difficult to know exactly where to invest your money.  You want your money to work for you, but with falling stock prices, it’s likely you’ll see your money disappear rather than gain anything.  Search for the right [...]

The honest truth is that I stopped paying attention to the stock market and economy a while ago. I just keep doing what I’m doing and check my balances every few months or so. It would be impossible for me to not be aware of the current market conditions, but I try to tune it [...]

Wouldn’t it be great to have invested in Google when it was worth $100 and sold it at its recent $700 peak, or Hansen Natural when it was worth pennies and watch it climb all the way to $67.
There are countless stories of people who scored a big one and made themselves overnight millionaires, and [...]

Short selling, or shorting stocks, is a strategy stock traders use to make money in the stock market when they think things are going to be going south. Shorting stocks is kind of the opposite of “buy low, sell high.” When a trader is a short seller, they profit when a stock they are shorting [...]

The editor of Money Magazine recently wrote about Why We Flunked 401k, and mentioned some frightening statistics. In 2006, the median 401k balance was only $22,000.
This number is probably fairly skewed since there are 28% of eligible employees who don’t even bother to sign up for their 401k. And according to the Money article, 401k [...]

As much as we are told to leave stock trading to the professionals, it’s more easily said then done. Why do we play this market speculation game? For one, it’s easy to get caught up in the hype and want to join in on the returns of a great performing stock. Or we hear about [...]

Thank you to those you participated in the Biggest Money Mistake Contest. Just because the contest is over, don’t let that stop you from sharing your story with us.
Congratulations to Ana at DebtFREE-Revolution for driving the most traffic to this contest, and a special thank you to the runner-ups, Moolanomy and Paid Twice.
The winning entry [...]

Everyone is freaking out about the volatility in the stock market, but the long-term wealth creator should not even be looking at their portfolio on a daily basis. Nor should they care what the market does today or what it will do tomorrow. Investment fortunes are made over the long run not overnight.
This was explained [...]

Is checking your stock portfolio making you nauseous? The Dow Jones Industrial Average is up 100 points one day, down 300 the next, down again, up a bit, down, down, down. Sounds like the last six months, doesn’t it? My brokerage account is showing shades of red I didn’t know existed, and I want to [...]

You know that billionaire investor Warren Buffett doesn’t trade stocks, right? That’s because trading stocks is a risky gamble that can deteriorate your net worth, and you don’t want to gamble with wealth.
Becoming wealthy is a decision we consciously make that requires lifetime planning and discipline. Stock trading does not fit into the world of [...]