Day Trades for the Underpaid

What is the great secret of wealth? There are no secrets. The secret to holding onto your wealth, it seems, is not the long-odds gamble, but the long-term strategy. This means, rather than fritter away your hard-earned cash (all cash is hard-earned, mind you), you should be working to grow your finances. Of course, the lure of investments is a strong one, and for those who have a penchant for the dramatic, it could be the single-best source for making your nest egg spring forth as a resplendent hatchling.

Investor, know thyself. The key to investments is correctly assessing your strengths and weaknesses. This is not exclusively in terms of your portfolio. Rather, it may behoove you to assess your personal investment skills. To be sure, we all fancy ourselves savvy individuals, capable of making the crucial decisions when they need to be made. Unfortunately, few — far too few — of us have the intellectual distance and self-understanding to know we are lacking.  Read more...

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