With the market pullback on Friday, I think it is a good time for me to publish my first shared trade. (I was keeping it for later, but the price is very enticing now)
I am going to start sharing some of my basic trades here from time to time. Please note that this is for informational purpose only. If you decide to follow, please size your investment amount appropriately, and you invest at your own risk.
If you got any questions, feel free to leave a comment, I’ll offer my opinions.
The trade I am going to make is at the end of this post.
Last Thursday I got a random sales message about self-improvement. Typically if it was a website, I would click on the link to review their content to see if there’s any value.
However getting a SMS from a stranger like this is weird and most likely a spam, so I decided to ignore it initially.
The same afternoon after lunch, I saw that message in my inbox, and I had a cheeky thought. So I replied to it. Here’s what I wrote: Continue reading My First Shared Trade and a Cheeky message that made my day
Do you think only high wage earners have spare cash to invest?
Please don’t. The longer you delay / procrastinate / think about it later, the poorer you would be financially.
You can start investing as low as £25 a month nowadays with brokers like Hargreaves Lansdown.
Alternatively, you could follow what I did when I first started investing:
I would direct all my saving to a separate saving account (to prevent the temptation to spend it), once I accumulate £1500, I would invest in a company that I know it’s the One.
TIME IS YOUR FRIEND IN INVESTING
Let me show you a video of how Earl Crawley created his Avalanche of financial freedom at the end of this post.
He makes $12 an hour and less than $20,000 a year, but he is worth $500,000!!! Continue reading How a Parking Lot Attendant makes $500,000 with a $12/hour wage
With your newfound power, your spidey senses tingling,
“The market is going to crash tomorrow, I am going to Short the Market!!
HOLD ON! What am I doing?”
The famous quote from Uncle Ben in Spiderman:
With Great Power Comes Great Responsibility.
Once you have created an IG Spread betting account, you actually wield great power to create or destruct your personal wealth. Continue reading With Great Power Comes Great Responsibility (Spread betting edition)
Let me share a real-life story of a good friend/mentor of mine.
Jim Trodden, he’s the Offshore Installation Manager (OIM) for an oil platform. Jim came very close to dying last year from a ruptured abdominal aortic aneurysm. In plain English, one of his main blood vessel burst. Continue reading Are We Taking Care of Our Loved Ones?
This is a quick follow-up post from 2 Simple Ways to Beat the Market! The Avalanche Effect and Marriage. Please read it if you haven’t.
So does broker cost matter?
The short answer is Yes.
The more practical answer is it
I’ll mention the 3 brokers I use and share why I chose them. Continue reading Does Broker Cost Matter?
Getting no interest from your savings? Eager to invest but don’t know where to start?
Ok you are here and off to a good start.
Let me show you 2 Simple Ways to Beat the Market!
Continue reading 2 Simple Ways to Beat the Market! The Avalanche Effect and Marriage
Isn’t it obvious?? Making tons of money… <end of post>
But really is that the true goal? Remember The parable of a Mexican fisherman shared in my first post? Whats the point of amassing a fortune? Continue reading Why am I investing?
Life is full of choices… In this new age, that is especially true in the world of investment. We could invest in start-up, bitcoins, wine, property, shares, oil, art and the list goes on… This can be very confusing and how can I start to invest? In fact, I missed the most important investment, Continue reading How do I start to Invest?
Over the years, human societies have evolved differently in various part of the world. Personally, the meaning of Rich has also evolved over time.
as a kid, when I learnt the word Rich, it meant having lots of money.
as I grew up, I think of Rich in a slightly different way, to me being happy is being Rich.
before I continue on, let me share a familiar but meaningful story: The parable of a Mexican fisherman. Continue reading What makes one Rich?