1Posted by Michael Glass on June 16, 2011 at 5:06 pm
For years, we taught our kids to get good grades, go to college and find a high paying job. For those who were not able to got o college, they were still able to find good middle class jobs working at the local factory. Whether you went to college or worked in a factory, you were still able to provide a comfortable lifestyle for your family. However, with the invention of the internet, The industrial age is long gone. We are now in the information age where creating information is the key to becoming rich.
We are currently in a global economic downturn. Businesses are not hiring or investing. The Housing market is in shambles and countries around the world are going bankrupt. How can a consumer protect themselves from all of this financial turmoil.
Financial literacy is the ability to make informed decisions about your financial futures. Financial literacy is a very simple word, which is often ignored by a lot of people. But, these two simple words are the reason why 90% of workers are struggling to get ahead of the Rat Race. Living from paycheck to paycheck and never able to save up enough money to fulfill their financial dreams.
Now more than ever, You need to learn how to manage your finances properly and use it to empower your financial future. Becoming financially literate will help you build a better and brighter future not only for you but for the succeeding generations. Even during this global economic crisis there are people acquiring wealth on a daily basis. In fact, during the Great Depression, more millionaires were created than in any other time in American History.
You might not be able to change your financial path overnight, but you can change your direction.
0Posted by Michael Glass on June 4, 2011 at 7:12 pm
Weekend Stock Market
Here is our Weekend Stock Market Technical Analysis Video Update for Saturday, June 4th. In this video, we look at the key market moving events of the past week including the the ratings cut on Italy by Standards & Poors. We then pull up the charts to identify key technical analysis price levels for the S&P 500. We then look to see if some of the market leaders are pulling the market higher or lower (Apple, Amazon, Google, Goldman Sachs, Priceline and Netflix). Finally, in our education spotlight, we look at the keys to developing a trader’s mindset to becoming a successful and profitable trader by trading when the odds are in your favor.
1Posted by Michael Glass on May 13, 2011 at 7:58 pm
Top Ten Books about Investing
in the Stock Market
People are often asking me advice on how to invest in the stock market. Now the majority of those people are looking for some quick trick that will make them millionaires in 30 days. Yet, those that truly succeed in the stock market understand that it is just like any other profession. You have to put in time. You have to study. There is no get rich quick scheme in the stock market. However, there are a ton of get broke quick products that you can purchase off the internet.
So, I give the people this list of books. I figure if they read one and come back to me, then they are serious about the profession and are willing to put in the work to be successful.
Trade Your Way to Financial Freedom by Dr. Van Tharp
High Probability Trading by Marcel Link
Trading in the Zone by Mark Douglas
The Logical Trader by Mark Fisher
Market Wizards by Jack Schwagger
Trading for a Living by Alexander Elder
How I made $2,000,000 in the Stock Market by Nicolas Darvas
The Intelligent Investor by Benjamin Graham
Reminiscences of a Stock Operator by by Edwin Lefèvre