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INVESTMENT EDUCATION
Exclusively for our Members
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WHY INCLUDE INVESTING ON THIS SITE?
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When I changed the design of this site, I asked a friend to look at the
old site and make suggestions for changes. One suggestion he made was not
to include our focus on investing on the opening web page of the site.
I didn't really like the idea, but considering the effect the investing
information had on him, I had to give serious consideration to his
comment. It's certainly obvious that investing, per se, has little or
nothing to do with sex and the soul, but sex and the soul are related
to investing. That, however, has no bearing on why investing education
has been included on this web site. To be honest, they have been
included because I am as intimately familiar with investment and
finance as I am with neurochemistry and the soul. So, I decided to
offer people the opportunity to learn more about investing than most
people know, including many astute investors.
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Most astute investors are familiar with one type of investments. That
will usually be stocks, bonds or futures. Some of the most
sophisticated may also be familiar with options. Most investors aren't
really intimately familiar with any of these. They know the basics--buy
stocks low and sell high--and some are familiar with the companies they
buy and what to look for. But few are really familiar with investing
beyond buying low, selling high and knowing something about the
company. I think the latter point, knowing about the company, is
useless for investors in most situations. But, since most investors
view themselves as being long term investors planning for the future,
it is useful at some point.
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Let's face it. No matter how long you intend to invest in a company,
your main reason for investing is to make money. If you intend to do
that, you need to make some ground rules for your investing, and follow
them. Long term investing and knowing about the company you're buying
are just part of what needs to be known, and only a small part at that.
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Since I have as extensive background in investment and finance as I
have in biochemistry and neuroscience, I decided it would be nice to
offer this knowledge to any interested members of the web site. My
reason for including investment education on the site was as simple as
that. I am no longer in the stock industry or the futures industry, but
I actively trade stocks, bonds, futures, currencies and options on
stocks, futures and currencies. I see no reason not to pass this
information on to others along with my knowledge of health, medicine
and the soul!
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One of the very first ideas I wish to pass on to members of the web
site is to do as scuba divers do. In scuba diving, we are told to plan
your dive and dive your plan. That is, to plan every major aspect of
the dive before diving, and then to follow the plan you have outlined.
Investing is exactly the same. You must determine your financial goals,
map a strategy for achieving those goals, and then follow the plan you
have mapped, modifying it as necessary as you go along.
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The futures markets are one of the most risky areas of investing.
Although I've never seen the statistics, it is said that 90% of those
who trade the futures markets lose money. Since futures are a zero sum
endeavor (i.e., for every winner, there is a loser), the fact that 90%
of those who trade futures end up as losers means that the 10% who make
money are making a lot of money! Indeed, I have worked for futures
firms where it was difficult to find a profitable account 3 to 6 months
after the account was opened! I have looked at this situation in depth,
and reached the conclusion that there is a reason for this situation.
Most people in the futures markets trade futures as if they are at a
slot machine for roulette table in Las Vegas. So, let me make some
suggestions that will help make money in the futures markets as well as
in currencies, stocks and bonds. These are not trading rules (which I
have and will discuss in the future), but guidelines for anyone engaged
in the financial markets. These guidelines apply BEFORE TRADING STARTS,
while trading and after trades are completed!
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We think we can offer you and new, refreshing and unique view on investing.
It is not our intention to give investment information, but rather, to
provide educational information that will improve your knowledge of
investing and give you new ideas regarding your approach to investing.
Educating people about investing can mean anything from teaching people
different investment strategies to merely warning about the pitfalls
and dangers of working with a brokerage firm. In this day and age when
many people are investing on their own, it's imperative that they know
the benefits and pitfalls in what they are doing. We provide this
information just because we can. We think you can benefit a lot. If
you're lucky, perhaps you can make enough money from this education to
pay for the site for years to come. But, If we can just increase the
value of your investment portfolio a little, we feel the effort will
have been worth it.
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Welcome to the site!
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