Many members of MSF are golfers. Even those that aren’t will appreciate what looks to be the beginning of the next generation of golf carts. As you know, sometimes I indulge in topics that aren’t directly related to trading. This is one of those times. You know those dreaded wet and rainy days where the […]
Continue readingYes. You can chart just about everything. Scientists chart weather patterns, marketers chart statistics of whatever they’re selling and some even chart war cycles. I thought it would be interesting to think about the eminent sale of the L.A. Clippers from Donald Sterling and his wife to Steve Ballmer. Now, there are many reasons why […]
Continue readingHere’s something a little different. There is a journalist that works for CNBC (I usually use that term loosely when referring to CNBC, but in this case, she’s pretty good) named Kate Kelly who wrote a book “A Secret Club That Runs The World: Inside the Fraternity of Commodity Traders.” Kat’s investigative work uncovered several […]
Continue readingIt’s not uncommon for the uber wealthy, successful, professional investor to take to the air waves in an effort to state their case for corporate change. Carl Icahn made a sizable investment in Apple (AAPL). He is not on the board of directors, is not a majority shareholder and has no additional leverage outside voting […]
Continue readingThere is a very important difference between managing money and money management. When I explain the difference, you should experience an “ah ha” moment that will set you free of all that bad and confusing advice. Don’t expect your financial advisor, your broker or anyone else to do anything that resembles proper money management on […]
Continue readingWhat is it? Also known as forex, currency trading happens to be the largest financial market in the world. It seems a little strange that the most people are totally unfamiliar and unaware that the largest market on the planet even exists. However, with the advent of online trading and the availability of information through […]
Continue readingWhen considering a bond you should think of an I.O.U. As a bond holder, you are loaning your money to another entity such as a government, municipality, corporation or other “issuer.” In exchange for your loan, the issuer provides you with a document which states that they promise two primary things; to pay you interest […]
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