| |
| |
|
|
Stocks and Mutual Funds |
|
Money, Insanity and Wall Street
Money: the most charged word in the planet. It means something to everyone. For some, money means a blessing, for others it means a disaster. We all have heard stories of people who have lost their fortunes or their life savings trading in the stock market; but, we don't hear much of people who are currently trading and how their lives are turning upside down. For some, the process of trading is like the development of an addiction, it starts with expectations, with hopes of a relief, with desire to control money or acquire more of it. Soon, it starts turning into an obsession. Then, it controls the thoughts, emotions and feelings. Next, there is no longer consciousness about the external life, everything around turns into a distraction from the focus of trading, and those distractions must be eliminated. This is where relationships end, where jobs are terminated, and the mind is totally controlled by the obsession of trading. Whether money is made or not, is not the issue. The issue is how, at what cost is made? Is the cost a family, a spouse, a significant relationship, sanity, peace of mind, health?? Maybe the cost is not worthy. When you buy a stock or an option, you are leaving a part of you attached to it, whether you want to accept it or not; it is always in the back of your mind. Your heart, your mind, and even your body will tell you what to do. If there is pain, fear, anxiety, destruction, conflict around you, then maybe you need to stop and look again. Wall Street is always there, but your sanity, family and self-esteem may not be. Choose, because you always have a choice. Nobody can make the choice for you; nobody had made the choice for you. Money can absorb human souls, money can destroy human lives. Money is definitely a sword of two edges. It can bring joy or destruction. Your choice. Every time. © Copyright 2005 by Jeanette Castelli Adapted from the book, Wall Street Poems: Rising Beyond The Illusions, by Jeanette Castelli. For more information visit website, http://WallStreetPoems.urbantex.com/ Jeanette Castelli is an author, speaker and coach. Her education includes an MBA and a Master of Psychology. She is an expert in recovery and healing processes, including divorce, past events and wall street losses. Contact her JCastelli@urbantex.com
MORE RESOURCES:
Stocks-Mutual-Funds - Google News |
|
|
|
RELATED ARTICLES
The POWER of a Proven Stock Investment Plan When you invest in the stock market for ever-increasing cash dividend income, verses trying to make a buck in the stock market, your mindset will change. There will no longer be a fear of losing money in the stock market. Why Is The Macedonian Stock Exchange Unsuccessful? The Macedonian Stock Exchange (MSE) is not operating successfully. True, some of the parameters which we use to measure the success of a stock exchange have lately improved in the MSE. Eternal Sunshine There is a current movie entitled "Eternal Sunshine of the Spotless Mind". It is about a man who has had a painful love affair and will do anything to rid his mind of those pain thoughts of a former love. Laws and Efficiencies and Theories of Diminishing Returns The basis of diminishing return discussions surround such simple notions; that when you have a very fast aircraft, you also have coefficients of drag issues. When you are building a quarter mile car and want to go faster you must realize that for every tenth of a second you need to lose 100 lbs. Oil Stocks CHK WLL - What Is Their Worth? (1) CHK stock price $16.74, NAV $32. Bull or Bear? Cat or dog? Maybe Zebra. Shucks, I don't know, but my broker keeps telling me it is a bull and to buy this and that. Its Better Question: How does it get better when it gets worse?Last week we had a jobs report from Washington that there were fewer jobs created than they had anticipated, but the stock market took that as good news and the DOW had a strong rally. WOW! The bad news somehow turned into good news because the unemployment rate dropped one tenth of one percent. Price Targets Every day in any financial publication you will find the Wall Street mavens giving their predictions on many stocks. It was issued here and should go there. Buy and Hold: How to Perpetuate Your Investment Losses A recent cartoon in my daily newspaper showed two guys sitting in a bar. One is saying to the other: "I did learn something from my broker. Option Trading Basics Options trading can increase the profits you make when trading Stocks if you understand how to use them and know what you are doing. Options can be a very useful tool that the average investor can use to enhance their returns. Stock Market Volatility In my opinion, due to the volatility of stock market prices (the rise and fall of stock prices), an investment plan should incorporate both the traits of stick-to-itiveness and common sense, and must have an advantageous, predetermined approach for maximizing each investment in the stock market.Stick-to-itiveness and common sense - oh, what powerful weapons they are when used for a long-term investment plan in the stock market! They mean making the common sense and advantages decision to:? Purchase only those companies that have long-term histories of raising their dividend every year. The Stock Market - Part 1: Believe It Or Not, Its Always Been Your Best Friend And Always Will Be Regardless of the fact that the world's stock markets have shown absolutely no growth between the date of writing this article (Late April 2005) and the late 1990s, they should still be looked at with more than just a sideways glance.Speak gently to them, speak well of them to your friends, learn to trust them, cuddle up close and get to know them - and they will reward you in a way that the banks, mutual funds (Unit Trusts in the UK), pension funds and insurance companies never can or will. Who Knows? The Shadow knows. Remember him? It seems a shadow has a firm grip on this stock market. How Commodity Trading Differs from Stock Trading There are major differences between trading stocks and trading futures. While stories of fortunes made or lost overnight on the futures markets are largely untrue, the futures trader, if using a sound trading system, can usually make more money on the futures market and make it much faster. A Stock Market Investment Strategy I feel that an investment strategy in the stock market can instill in the individual investor not only an assured confidence in all future stock market investments, but also an almost Zen-like sense of peace and well being. A stock market investment strategy spelled out, proven, and instilling within the investor the power to succeed in the stock market with an assured confidence. Downdraft For the year 2000 we have seen hundreds of mutual funds lose 40%, 50% and more of their value. This does not seem right since the fund is supposed to be managed by a professional. Getting Even I know there are a lot of you out there who would like to "get even" with the stock market. Many are on the diet of "I hope, I hope". Play another Day Money management starts with protecting your capital, realizing profits and cutting losses. As I have stated in the past, without cash, you can't invest. Low Expense Ratio One of the big advertising kicks today from mutual funds is to tell how low their expense ratio is and that you will make a great deal more money if you buy and hold with them. Partly true, but that is not the whole story. War Market There is no question that the stock market is being affected by war jitters. When it looks like peace we have a strong rally.
|
||||||||||||||