How do you improve your loss rate? Don’t be a monkey.

How do you improve your loss rate? Don’t be a monkey.

Originally Posted September 11, 2018. Last Updated March 22, 2019. Reacting to the Two Investing Outcomes There are two outcomes for most new investors – the investment’s value goes up and the investor is ecstatic or the investment’s value goes down...
Why you should treat market-wide sell-offs as sales

Why you should treat market-wide sell-offs as sales

The more you pay attention to the market, the less you worry about market-wide sell-offs. The attention of millions of traders and investors has more in common with a baby kitten getting distracted by the next moving object. Although I do appreciate CNBC, the need to...
How to remove emotion and avoid the Fear of Missing Out (FOMO)

How to remove emotion and avoid the Fear of Missing Out (FOMO)

Originally posted August 9, 2018. Last updated January 12, 2021. Don’t Get Emotional If you want to become a good investor, you need to take emotion entirely out of the equation. No one likes to lose money, so the concept of buying an investment and feeling bad...
What is a Bitcoin?

What is a Bitcoin?

Originally posted August 8, 2018. Last Updated July 4, 2023. What is a Bitcoin? Bitcoin is a cryptocurrency allegedly created by someone named Satoshi Nakamoto (no one actually knows who this person is). S/he created an incredibly complicated formula (or...