Good Idea #3: “What if I did the Opposite?”

Some of my best investment trades or ideas have come from a simple exercise I do before every major investment and personal finance decision I make.  I ask myself, “What if I did the opposite?”  Instead of buying a stock, what if I bought this other stock?  Instead of selling, what if I were toContinue reading “Good Idea #3: “What if I did the Opposite?””

Good Idea #2: Test Trading and Watch Lists Rarely Work

Many people suggest “test trading” to either try out a new system, or to make sure you’re comfortable investing in the stock market in general.  It all seems sound, but it doesn’t work. Think about it – in sports, players can practice all the time, but practice never simulates “game time” or “game speed”.  AContinue reading “Good Idea #2: Test Trading and Watch Lists Rarely Work”

Good Idea #1: Do Half

Okay, this is my first blog post.  My first was just introductory, so I’m going to consider this one my first.   I’ve been considering how I’m going to organize my posts, and I plan to occasionally and semi-regularly post on the following topics related to my thoughts and experiences in relation to personal finance andContinue reading “Good Idea #1: Do Half”

“DECADES” to Wealth? Who is going to read THAT?

New website, first post. Let me begin by stating that I took the name of my website VERY seriously, and I intentionally called it “DECADES to Wealth” for a very good reason – I believe there are no shortcuts to getting achieving financial independence, and that it takes time. I am NOT, and never will,Continue reading ““DECADES” to Wealth? Who is going to read THAT?”