Barrington’s Blog » 2009 » May: "There is money to be made folks - just keep your eyes and ears open to see and hear them. And most importantly, keep your mind open. With so much volatility in the markets, there is ample opportunity to make short term and long term profits if you are up to date with what’s going on. Search for companies who are undervalued (which is almost all of them right now) and buy and hold them for long term profits - for instance you could buy Ford today for less than $6! Buy this stock and hold it for long term profits.
If you want to make short term profits - then get in the markets and ride the waves! With so much volatility you can jump in and trade the futures, trade options, or just buy large quantities of stock via margin trading and sell when the stock goes up a dollar or two. As a rule of thumb - when the markets surge up 100-200 points on the DOW in one day, just know that the next day usually means it will come crashing back down. Learn how to buy before the surge, and sell before the crash.
BE FREE"
May 22, 2009
May 14, 2009
Now is the time to buy??
Barrington’s Blog » 2009 » May: "You hear almost everyday now “Now is the time to buy!” — but is it really time for YOU to buy? The stock market is at lows not seen in decades, which is the same for the housing market. Prices/Interest rates are very low making this time a great time to get in…if you can get in.
Just because prices are very low - it still may not be the best time for YOU to buy if you still have large amounts of bad debt such as credit cards, car notes, etc. If YOU are not in a position to buy - then “Now is the time for you to get yourself together“.
Just something to think about - don’t get your self in trouble trying to buy. It just may not be YOUR time!
BE FREE"
Just because prices are very low - it still may not be the best time for YOU to buy if you still have large amounts of bad debt such as credit cards, car notes, etc. If YOU are not in a position to buy - then “Now is the time for you to get yourself together“.
Just something to think about - don’t get your self in trouble trying to buy. It just may not be YOUR time!
BE FREE"
May 6, 2009
Active Management
Barrington’s Blog » 2009 » May: "Every now and again, there are times when we must sit down and think about our current position in life, or career, marriage, etc. and reevaluate ourselves to make sure that we are on the correct path in order to obtain our desired goals. In the Investment/Finance world this is known as Active Management. Which means that as life’s events happen, we need to constantly evaluate where we are - and where we need/want to be.
People typically set goals and a time frame for completion, but never evaluate the pace at which they may or may not be achieving their goals. Perhaps an intended short term goal (1-5yrs) may take longer to reach than expected?? In addition, some of us get too complacent with our career goals and we end up being “stuck” in a position or career that ends up being obsolete - or worse, our skills become obsolete in the marketplace leaving us in a difficult position and not being able to find another employer who wants to hire us.
Actively manage your life, or you may find yourself further from your goals than you might have wished."
People typically set goals and a time frame for completion, but never evaluate the pace at which they may or may not be achieving their goals. Perhaps an intended short term goal (1-5yrs) may take longer to reach than expected?? In addition, some of us get too complacent with our career goals and we end up being “stuck” in a position or career that ends up being obsolete - or worse, our skills become obsolete in the marketplace leaving us in a difficult position and not being able to find another employer who wants to hire us.
Actively manage your life, or you may find yourself further from your goals than you might have wished."
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