How to Build a Stock Portfolio

There are a couple of different strategies that you can employ to build a stock portfolio: 1) You can take the risk that the products will not be good, and buy the cheapest brands of everything on the list; 2) You can buy half the things on the list from the discount aisle, while splurging on good brand names for the other half; or 3) You can avoid the risk of disappointment and buy just big brand names. Read More

Best Practices for New Investors

If I’ve learned anything in my decades of trading, I’ve learned that the simple methods work best. Those who need to rely upon complex stochastics, linear weighted moving averages, smoothing techniques, Fibonacci numbers etc., usually find that they have so many things rolling around in their heads that they cannot make a rational decision. One technique says buy; another says sell. Another says sit tight while another says add to the trade. It sounds like a cliche, but simple methods work best. Read More