Options trading can be a powerful tool for investors looking to hedge their positions, generate income, or speculate on the direction of a stock or index. With the ability to purchase a contract for the right to buy or sell an underlying asset at a predetermined price and time, options offer a flexible way to […]
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People that start at the same economic level in life but end up at very different economic levels as time goes by can have fifteen common habits that contrast the two groups. These bad habits can compound over time and lead to a lack of money. While real poverty exists in the world at large,
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The theory of multiple intelligences proposes the differentiation of human intelligence into specific modalities of intelligence, rather than defining intelligence as a single, general ability. The theory has been criticized by mainstream psychology for its lack of empirical evidence, and its dependence on subjective judgement. [1] How many types of intelligence are there? There have
13 Types of Intelligence (Which Ones Are You?) Read More »
The original theory of alpha males came from the study of captive animals and used most popularly to describe wolf packs and chimpanzee hierarchy. [1] After these animal studies people began to to see how the alpha male principles could be applied to human males personality traits. People could see many of the same power
7 Male Personality Types RANKED (Which one are you?) Read More »
Charlie Munger sees our current market environment to be much like the 1970s when inflation was running high and the Federal Reserve had to get inflation down at all costs, even if it led to a recession. “Well, when Volker, after the seventies, took the prime rate to 20% and the government was paying 15%
Charlie Munger: How to Invest During a Recession Read More »
We have two primary sources that drive home prices, buyers demand and sellers supply. The main reason we didn’t see a housing crash in 2022 is that while the demand has dropped due to factors of financing costs and inflationary pressures on personal budgets at the same time sellers are in short supply, especially in
Will the Housing Market Crash in 2023? Read More »
Technical analysis is used by traders or investors to analyze charts to identify patterns in the market price action data to identify trends and trading ranges to either react to what is happening now or make predictions about the future. There are two major types of technical analysis: predictive technical analysis and reactive technical analysis.
Technical Analysis is Hard (Until you see this) Read More »
During times of inflation most physical asset classes go up in value. Overall the rich most benefit from inflation as they tend to own the highest share of assets as a financial class of people. Many times the rich also use debt for leverage and inflation also depreciates the monetary value of that legacy debt.
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The 16 Habits of Mind are a framework for how to think and behave intelligently when problems are encountered and challenges are faced in life for learning and growing. These habits were discovered by the research of authors Costa and Kallick and primarily studied in educational environments. These habits were quantified by drawing on their
A trading edge is what makes you a profitable trader in the markets. If you don’t know what a trading edge is then you don’t have one. If you don’t have an edge you shouldn’t be trading. Let me explain what a trading edge is and give you some examples. What does “having an edge”
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