![]() | |
![]() | |
![]() |
Investing Information |
|
![]() |
Your Portfolio and "Old Ironsides"
The USS Constitution first ventured into the waters in 1798. From there she became an icon of durability and success. In battle, the ship became known as "Old Ironsides" because the shots fired from enemy ships seemed to bounce off her hull. She may be best remembered for her service in the War of 1812. Today, the loyal ship may be found resting quietly in the Boston Harbor. During the week of the Fourth of July, at the Boston Harborfest, "Old Ironsides" makes her annual voyage down the harbor. This is termed the "Turn-Around" cruise. As investors, we can learn a lot from this old ship and its history.The first is longevity. It is easy to be influenced by the short-term direction of the market. A long-term perspective, if warranted, is best observed. Of course if you have a short-term goal, aggressive investments such as individual stocks may not be the best alternative. However, if you have many years before retirement, you should ignore the short-term volatility. As with "Old Ironsides," she fought many a battle, but more than two hundred years later remains afloat and above water. A second point to remember, just like the ship, your portfolio may require maintenance from time to time. Positions may weaken and require your attention. Other positions may grow to a point where profit taking is in order. As with the strong currents of the seas, the market will take its direction and you must adapt to it.Finally, you should consider periodic reviews (i.e. monthly, quarterly, annually) vital to your portfolio. Even the USS Constitution has an annual appointment, with America, where she makes her "Turn-Around" trip. This allows her to weather evenly while at dock during the year and to keep her on active commission. Onlookers, meanwhile, have the opportunity to view all sides of the ship. You, too, should be familiar with all areas of your portfolio. This Fourth of July, when you reflect upon our independence, remember to schedule a visit with your savings. Wardlaw's belief is that familiar life elements best illustrate practical investment strategies; not typical investment jargon. With that philosophy, the author assists financial planners/advisors, brokerage firms, periodicals, and other investment information syndicates create informative and entertaining articles. For comments and questions, please contact the author at tools2invest@yahoo.com or visit http://www.tools2invest.com
MORE RESOURCES: Where Are Stocks, Bonds and Crypto Headed Next? Five Investors Look Into Crystal Ball The Wall Street Journal Nasdaq Bear Market: Cathie Wood Is Still Bullish on These 3 Beaten-Down Growth Stocks The Motley Fool Tax-Aware Investing: What Is It and How Do I Do It? | Chase Chase News & Stories Investing in Method Andreessen Horowitz Committee affirms anti-ESG, anti-China pension investing bills Indiana Capital Chronicle Investing When Your Time Horizon Is Short The New York Times Investing in Voldex Andreessen Horowitz The Best Stocks to Invest $20,000 in Right Now The Motley Fool A conservation legacy is possible by investing now Santa Fe New Mexican How ‘Permabears’ Make Money by Selling Fear Investing.com Investing Opportunities Emerge in Latin America Morgan Stanley Democratic lawmakers create sustainable investment caucus to ... Pensions & Investments What's Going on With REITs? An Investors Guide The Motley Fool How to Invest in Stocks - Buy Side from WSJ The Wall Street Journal Why You Should Invest: Top 10 Reasons AllBusiness.com 2 Dividend Stocks to Help You Beat the Market in 2023 Investing.com The 10 golden rules of investing Yahoo Finance Investing in Cygnvs Andreessen Horowitz Ultimate Guide on Investing for Beginners Entrepreneur Investing, thriving with automation - free webinar registration Today's Medical Developments The 5 Most Dangerous Times to Trade Investing.com Investing in PLAI Labs Andreessen Horowitz Investing $100,000 in These Stocks in 2023 Could Get You $1 ... The Motley Fool Your Investment Lost Money Last Year. So Why the Big Tax Bill? The New York Times The Art of Contrarian Investing Investing.com Investing in REITs vs. Direct Real Estate Morningstar Investing Action Plan — January Wrap: Apple, OPEC, Exxon And ... Investor's Business Daily Investing in 2023: A Year to Be Patient and Selective Morgan Stanley 5 Investing Alternatives for Conservative Investors Kiplinger's Personal Finance 8 Best Small-Cap Value Stocks to Buy | Investing | U.S. News U.S News & World Report Money 80% of Warren Buffett's Portfolio Is Invested in These 7 Stocks The Motley Fool Soft Landing Scenario: Possibility or Fed Myth? Investing.com Spend Your Time Working or Investing? » The Stacking Benjamins ... The Stacking Benjamins Podcast U.S. Warns Banks to Watch for Russian Oligarchs Investing in ... The Wall Street Journal Global Investing Themes 2023 Morgan Stanley 1 Smart Way to Invest Your Tax Refund You Haven't Thought Of The Motley Fool Rosie on the House: Investing in a whole home energy audit Arizona Daily Star Rewind 2022: My Investing Journey Seeking Alpha Is Intel's Downfall Good News for AMD and Nvidia Investors? The Motley Fool Personalized Investing Portfolios: Unlock the Greatest Potential Kiplinger's Personal Finance Calm Before the Rally? Investing.com Long-Term Investments Require a New Approach Kiplinger's Personal Finance Coffee Steaming Again After 4 Months in the Cold Investing.com 3 Reasons Investors Should Zoom In on GoPro Stock The Motley Fool The Week in Impact Investing: Integrity ImpactAlpha 1 Undervalued Stock That Smart Investors Are Buying In 2023 The Motley Fool |
![]() |
![]() |
![]() |
RELATED ARTICLES
What is an Investor Ready Business Plan A Business Plan, as all good entrepreneurs starting out in life should know is the foundation, or rather a springboard, towards the establishment and growth of a new business. A business plan is an essential tool for companies raising capital - and your business plan needs to be Investor Ready. High Volatility Investments Penny stocks and options are high volatility investments that attract both the trader and the long term investor because of the small amount of capital required to make substantial gains as compared with less volatile higher priced stocks. The long term investor buys a stock believing that a company's value will increase over time and the stock price along with it. Trading Tips No 7: Developing a Casino Mentality for the Day Trader I submit that the successful day trader would profit well to adopt a casino mentality. At first glance, this sounds reckless and nothing more than a gambling attitude - but it's not. The Past Does Not Equal The Future: Mutual Fund Returns! A way that investors get ripped off and in a sense rip themselves off is based on the culture of performance in the mutual fund industry. If you stop and think about it there is absolutely no reason that the past has to equal the future. Forex Trading Best Practices FOREX, the term for the FOReign EXchange market, is an international exchange market where currencies from many different countries are bought and sold. Both long-term hedge investors and short-term investors that seek quick profits use FOREX. Planning Starts with the Basics When developing a plan for your finances, the toughest question often is: "Where do I begin?" Before investing in stocks and bonds or buying life insurance, before implementing any change or making any decisions, you first need to analyze and understand your entire financial picture. Two documents allow you to do just that. Lobster Trapping for Investment Ideas Recently, my family and I took a trip to Maine to visit relatives. During our stay, we toured the rocky shore lines and took in the beautiful architecture of the old towns. An Old Dividend Stock Investment Idea, for a New Generation Death and taxes! The certainties of life! And then, of course, there are the mortgage payments, the utility bills, phone bills, the car payments and thirsty automobiles. Add that to the grocery and clothing bills, and there appears to be more then just death and taxes as certainties of life. Investing in New Zealand - Learn how to Find Unique Investment Opportunities Investing in New Zealand might be much easier than investing in other western countries, thank to the excellent infrastructure, the low taxes and the assistance of the supportive NZ government.Technological Face of New ZealandNew Zealand has a unique reputation within the global market place. Fundamentals of Option Pricing When one begins to consider an option, it is very important to figure out how the premium is calculated. Option premiums depend on a variety of factors including the time left to expiry as well as the price of the underlying security. HYIPs Investments or Scams? High Yield Investment Programs (HYIPs) appear at first to be the secret to unlimited wealth and fortune, but as you can guess that quickly changes. However, I have found myself still using them in a very limited fashion as a generator for my digital currency exchange. Art Investing for a Financial Future When we think of investing we probably conjure images in our minds of the New York Stock Exchange, suited stock brokers making deals, bonds and treasury bills, and all manner of financial matters. The last thing we probably think about is art. Out-Of-State Investors Check List of Questions The following lists of questions are suggested questions to ask before you plan to purchase residential real estate outside of your neighborhood.It's probably best to speak with at least three licensed real estate sales professionals and three property managers in the area. The Switzerland of Asia Shines In many respects, Singapore is the Switzerland of Asia.Begun in 1819 as a British trading colony, the Republic of Singapore was founded in 1965 under the leadership of the current Prime Minister's father, Mr. Why You Need To Buy and Sell Gold Coins (Part 6) Pre-1933 Gold Outperforms Today's Gold Bullion.. Your Worst Enemy To Successful Investing - The Media How do you make your investment decisions and where do you get your information? If you're like most of the people I know, you look to the experts.That's fine, however it's important to be aware that for every expert, there's an opinion and for every opinion there's an expert. Learn How to Lose and Risk Management One of the leading traders on Chicago Mercantile Exchange, because of a single trade lost everything!For all of his years of experience and money, he had failed to master the most important concept in trading: Risk Management!Each trader seems to have his own unique way of identifying market opportunities. One buys a stock in the hopes of never having to sell it, while another might hold a position in the market for a day or even just a few hours. Top Ten Investment Mistakes 1. Lacking an investment plan a/k/a/ "Don't take a trip without packing the map". Investing In Sons Business Could Cause A Real Family Feud Q: My youngest son wants to borrow $5,000 to start his own business. My wife is afraid to tell him no. Margin Benefits are Marginal at Best Margin is one of those things that novices find puzzling about the stock market, but the concept is really quite simple. Still, with understanding the basics of using margin accounts, determining the wisdom of using margin can be quite a conundrum. ![]() |
home | site map |
© 2006 |