tag:blogger.com,1999:blog-6062751687592413583.post4788020835185925518..comments2024-03-26T21:56:51.634-07:00Comments on World of Finance.: Relaxed Investor.World of Financehttp://www.blogger.com/profile/14109552944903875871noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6062751687592413583.post-7008798111133024632012-10-13T21:04:37.773-07:002012-10-13T21:04:37.773-07:00All right, glad you call it trading :) My point is...All right, glad you call it trading :) My point is that there are always opportunities... And even if you hold a stock for years, you have to sell calls each month against it - I mean that type of things.<br />But they were probably buying options in that pool B? :) No surprise about results then. <br /><br />I'm not sure if it worth dealing with all these Ads, I mean when you work in financial industry and have so many title abbreviations, I even don't know what half means :) If I were you I'd try to make blog as a lobby of main business to generate some client's inflow, of course if you need new clients.<br />Anyway, it's an interesting place and can grow into something else sometime later, you never know... Romanhttps://www.blogger.com/profile/14035792428178102698noreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-74268868958855327332012-10-13T20:09:36.278-07:002012-10-13T20:09:36.278-07:00I think we agree on one point. That is, to call it...I think we agree on one point. That is, to call it infrequent trading. You don't need $1 mil to investment and very few people have that kind of money. You can easily achieve that target goal of 7%-15% with risk free infrequent trading, without hoping in and out of the market. That was my point.I did an experiment with few clients. They made two pools. Pool A few long term trades, and pool B frequent trades, options and other fancy things. They were to manage pool B by themselves.I signed them up with Thinkorswim and TDwaterhouse. And after a year, they have given up on pool B. Pool A wins hands down.<br />I like your idea of giving numbers, which I have started providing. I would not like to make it a subscription model because it is not going to be my main focus. I am a CA,CPA, PMP,SAP FI-CO and have now joined executive MBA. This blog will never be a substitute for work but I am so exhausted that I wanted to take a break and do something different. Enjoying writing but the time spent has to be worth it. If I cannot generate enough Ad revenue from this blog, I will definitely lose interest in it.So trying to sign up with Ad agencies, asking readers to help and disable Adblock, affiliate program with Amazon and now thinking of starting a job board! <br />So that when in Jan. I go back to job, I still have a vested interest in keeping the blog growing. And in the process, if I can help few people and make few friends, why not.<br />Fridays and Saturdays are bad for the blog. Ad revenue is down.Need more readers and love.<br />Anyway, some nice and exciting time is coming up and if we can play it well, we will be able to make more than 15%.Readers will have to take control of their own capital and manage it properly. My main point " Do not take undue risk", reward will follow.World of Financehttps://www.blogger.com/profile/14109552944903875871noreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-86711937232833541252012-10-13T19:43:26.161-07:002012-10-13T19:43:26.161-07:0040 hr shouldn't be an excuse, we talking about...40 hr shouldn't be an excuse, we talking about making some money here. Plus there is no need to spend all time in front of the screen, but I think it's necessary to be in the market one way or another most of the time. To really feel what market is doing you have to trade it. Again, from my point of view investing is pretty hard and riskly unless you have substantial capital, I would say at least a million and high risk tolerance.<br /><br />I consider 401 as a free cash machine for all these "fidelities", unless you actively manage it. I don't touch mine very often, because I've started it recently and don't have much cash there. Also, the technology in all these firms is disgusting and I really think the whole concept of 401 is a joke. However, I try to make at least few trades per year in that account with a target 7-15%/year. I'd call it very infrequent trading. Also the interface is so disgusting that I can barely make myself doing anything there, seriously. <br /><br />If you'd like to increase readership, you need to give them numbers (where to trade/invest). People love numbers and hate learning curve of how to come up with ones. Looks like your have some good sense what market does, so you can make emphasis on it. I'd stop relating all political crap to investing or trading decisions, because market cares less about it. Plus can't really compete with ZH :) <br /><br />And regarding monetization... I think the only way is to run it as a real business, I mean as a financial adviser or something like that and continue increasing customer base through the blog.<br /><br />I don't think pay subscription model would work in the long run - information and technology right now is almost free everywhere. But there is the other side to it: people are really conservative and lazy to make any use of it - so the industry will continue to use their funds for free. That's where chances to succeed are, if you will be able to show readers that it's not scary and can be in fact a lot of fun to manage own capital. Romanhttps://www.blogger.com/profile/14035792428178102698noreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-18415736376368135082012-10-13T18:42:27.090-07:002012-10-13T18:42:27.090-07:00To each his own. But the fact remains that day tra...To each his own. But the fact remains that day traders don't make money and I have tried everything and my personal experience tells me that longer term horizon do work.I invested in gold when it was $200+ in 2002. I can't say I am unhappy. I can give you many examples. <br />The folks who have a regular 40 hours + per week job, cannot sit in front of computers watching the stock prices move every which way. 401K allows them to execute only so many trades in a month.A retied person with limited capital looking to preserve and grow capital would be taking unnecessary risk doing monkey hoops chasing beta.<br />It goes without saying that one has to be vigilant with his/her investment but going long or going short every 7 days is not for them.<br />I am not sure how much you make speculating in stock market, but a clear distinction must be made in the mind of every person, whether s/he is trading or investing or speculating. Those tools and strategies that you talk of are not much use for the retail investors. Believe me, I do this for a living and I have seen both sides of the table for many years.I feel bad for the small investors risking $100k of his/her saving thing they will double it soon, only to lose half of it by the end of the year. <br />Again, this does not apply to the 10% of the readers who do it as a business/profession but I am mainly talking about those 90% who do trading / investment on the side.<br />I really value your comments and suggestions and you have been a friend of this blog since beginning. Now that I am spending too much time here, please suggest how best to increase the readership and monetize it. I think the calls have been pretty decent.What do you think?World of Financehttps://www.blogger.com/profile/14109552944903875871noreply@blogger.comtag:blogger.com,1999:blog-6062751687592413583.post-47913228186063835072012-10-13T18:23:55.134-07:002012-10-13T18:23:55.134-07:00Interesting view on long-term investing.
I person...Interesting view on long-term investing.<br /><br />I personally think quite opposite. To achieve any meaningful results in any type of business (I think trading or investing should be considered as a usual business) - you have to be really, really dedicated and involved all the time. Can investor make money by making 3 genuine bets per year? I'm pretty sure no chances. I can't think of any business would grow out that way.<br /><br />Plus there is a problem with all this long-term supposedly 'relaxed' type of investment: it requires huge capital, and you supposed to have a very high risk-tolerance (which most of the public doesn't have at all). Also that looks to me more "gamblish" and risky than any trading or speculation. All money in for couple of shots with hope to make huge payout?<br /><br />I think it's not possible to make any money or beat the indexes till you really get involved into this business. There are so many tools, strategies, trading vehicles available plus technology got so accessible that it should be used actively. However let's admit, most would prefer what? Learning mini-ES in relation to UST or watching baseball, hanging on facebook, going out to the bar or in the best case reading bbfinance blog? :)<br /><br />And by the way, the blog is awesome and entertaining, but would I ever make a trade because I read about it somewhere on Internet? Well, I used to, but never again. Because I know that authors spends hours and hours on analysis and preparation to make a good trade, so should I to make my own. <br /><br />And btw, this Sir John Templeton is a freaking master of obvious (Josh Brown too)! Buy value, buy low, diversify - is that it, so simple?!Romanhttps://www.blogger.com/profile/14035792428178102698noreply@blogger.com