Top Nine Rules Of Investing

Rule 1: Don’t Own Too Many Stocks

It’s much better to focus on a few stocks rather than many stocks because it gives peace of mind.

Rule 2: Cash the Gainers

If you like the market, invest your money now, and make money from it. Then you can cash part of the gainers, and leave money in the market to reinvest. Some of the wealthiest investors have done this, like Warren Buffett and made off like bandits.

Rule 3: You Must Control Your Emotion

When you control your emotions you avoid wrong decisions. How many times have you tried to do a revenge trade right after you have lost money on an investment. Normally 90% of the time, all that happens is you end up becoming flustered and this in turn makes you end up losing even more money. We have all experienced this. So you must learn to meditate each day, and control your emotions, and then in turn, it will give you clear thought throughout the day and make better decisions.

Rule 4: Expect mistakes.

Sometimes you will experience good mistakes and bad mistakes, expect it and learn from your mistake, and try to correct it. Bad mistakes happen if we keep repeating the same mistake over and over again. This means you learnt nothing and can throw you into a tail spin. This is something you do not want. So instead make sure you make good mistake, write it down, and learn how to correct it so it never happens again.

Rule 5: Don’t Forget Bonds.

Stocks are a great way to invest, but do not forget to invest in bonds too. Many investors think they have to be tied to one vehicle, but there are fast moves in bonds as well, and sometimes depending on geopolitical events, they are even better than stocks anyway. So in the end, the market is not just about stocks, it’s about bonds, treasuries, commodities, sectors. When you open yourself up to other vehicles and sectors there is no looking back. Don’t forget bonds when it comes to diversifying your account. This minimizes your risk, and maximizes your gains.

Rule 6: Don’t back The Losers With Winners

Never sell the good stock in order to buy a bad stock. This is how desperate traders ruin their accounts. You might hear about it, or read about it, but this strategy is long gone, and never works. So never sit in your chair thinking you can pick the next big stock. That is a magic bean that will not work. It’s been tried and tested before and it’s where dumb traders who think they are smart will luck out.

Rule 7: Leave Hope At Your Door

Your emotion of Hope is just an emotion. Remember that. Trading is not a game of emotion. If you feel yourself down, or emotional or have a tragic situation in your life, it’s best to leave trading alone for a few days, until you feel better, or you are in a place where you are more emotionally stable. Traders who are in a good emotive state normally make better decisions and in turn make really nice profits each month.

Rule 8: Be like a piece of Bamboo � Flexible

Be prepared for bigger shits in the market. Sometimes the market goes will go up or down. It’s dynamic. The market is an eating breathing sleeping dragon. Always remember that! It can do whatever it wants, and you will never be able to beat it. If the market moves, try to move in sync with it. If there is clear and defined trend, remember that age old saying. �The trend is your friend� and roll with that.

Rule 9: It’s a Sin to give up on Value

Always be patient when you invest in the stock market. Price is what you pay and that means value is what you get. There are so many things that can go wrong, but price is what pays you. When you realise this, you can make more informed decisions. If a stock is low, it’s low for a reason. You are not buying a quality stock if it’s trading at 3 cents per share. And if you are looking a blue chip stock and it’s $300 per share, it’s up there for a reason, and they move relative to their share price. Always remember that.

How To Level A Floor Before Tiling

Are you making plans on putting in a brand new tiled floor? If so then it is crucial to make it flat as possible. Tiled floors look lovely. On the opposite hand a sloppy task can come to be looking horrible, and creating plenty greater give you the results you want. Not to say the value involved will extra than double if you turn out to be having to redo it.

Firstly you need to ensure your floor can take the weight of tiles with a view to lay on it. Concrete flooring are more likely to be robust, which lead them to ideal. However, you have to nevertheless take a look at to look if it’s miles degree. We recommend a self-leveling concrete to get a great degree floor.

Before starting your ground levelling venture, it is vital that you have the right equipment, substances and techniques available. Ensure you have the subsequent before beginning this venture:

Floor leveling compound
A Four-foot degree Nylon String
A Trowel
A Drill and Mixing bucket
A Five-gallon bucket

Step 1

Identify the high and low spots by way of using a stage. Mark out any low spots using a pencil by using drawing huge circles around them.

Step 2

Mix up a few floor leveler inside the bucket (in line with the levelling compound commands). Usually this involves a bucket being filled with two inches of water. You then pour in sufficient levelling compound to cover it. You then blend the compound with the water till you have got a steady texture. The levelling compound instruction will let you know the water to powder ratio. Remember that your weather can change how nicely your levelling compound mixes. You may additionally should make changes.

Step three

Keep adding levelling compound and water until you have a full gallon combination. The combination have to have the consistency of the skinny soup.

Step 4

Pour your mixed levelling compound batch over low spots which you marked earlier. Always work your manner out from the nook, furthest from the door. Give it time to settle and level out earlier than pouring more. Use your trowel to flatten any spots wherein the leveler does not flatten itself.

Step five

Fill inside the remaining low spots even as chickening out the room as you cross. Let it set for at the least 24 hours. You are then geared up on your next step, that is tiling the ground.

Tiling Your Perfectly Flat Floor

Floor levelling compounds are fast curing. This manner you want to paintings speedy before it dries. Some may even be walked on within three hours. However, it is encouraged you leave you new floor for as a minimum 24 hours to be sure the coating has cured sufficiently.

Before installing tiles, take a look at the surface of your ground cautiously to make sure that it is perfectly clean and loose from defects. Things to appearance out for is irregularities, water damage, or vulnerable joists.

Silver And Gold

The Illusion of Explanatory Depth
For years I have calmly, patiently, and for the most part rationally, listened to friends, family, patients, and colleagues grapple with the notion of precious metals.
The majority understand the basic reasons why some portion of portfolio allocation is necessary or prudent, but very few have (or will) taken action.
Often, people are shocked that I would be interested in the matter to begin with. I think subconsciously people understand to be a �Doctor� is to be a teacher, but on the surface most people find it odd and uncomfortable to accept my interest and quest in something that rarely occurs to them.
Occasionally, there will be debate. I don’t necessarily look for them. Experience with humans of all ages and from all walks of life has afforded me a healthy dose of humility. But I’m happy and proud to go as far as anyone would like about money, finance and especially silver.
No matter how tempting it is, no matter how strong the need is to be right and to feel vindicated, it is normally fruitless. I don’t know where I first heard it, but one of my favorite expressions has become:
�I can explain it to you, but I can’t understand it for you.�
Understanding requires a shift. One that, I feel myself almost cringing to admit, involves emotional intelligence. This goes against all rational logic.
Most people are polite. And I’ll admit to a tendency for avoiding conflict �” especially given the context in which many of these (potential) debates typically arise.
I came across the following article by accident some time back. It immediately resonated with my own experience in wrestling with my own beliefs, but also the beliefs, world views, and opinions of people I care about.
And collectively speaking, the opinions and views of anyone with a pulse who cares about financial safety, justice, and wealth.
You are, I’m afraid to say, mistaken. The position you are taking makes no logical sense. Just listen up and I’ll be more than happy to elaborate on the many, many reasons why I’m right and you are wrong. Are you feeling ready to be convinced?
Whether the subject is climate engineering, the Middle East or forthcoming holiday plans, this is the approach many of us adopt when we try to convince others to change their minds. It’s also an approach that, more often than not, leads to the person on the receiving end hardening their existing position.
(Ed. For the subject of money and wealth, at the root lies the fear of loss � more powerful than the want of profit. People will do anything, and convince themselves of practically anything, to avoid loss.)
Fortunately, research suggests there is a better way � one that involves more listening and less trying to bludgeon your opponent into submission.

Simple Guide To Managing Spreads

In recent years, one of the most rapidly growing markets for trading has turned out to be the Forex market. The experienced campaigners have always viewed it as a way to maximize their returns. Now, even individual investors are indulging in the Forex market just like they do with stocks and future assessments.
The perception of Forex among individuals is changing rapidly. Previously, it used to be seen as a cool way to diversify a portfolio. Once the investors actually began to learn the ropes, they swiftly came to the conclusion that it is an extremely profitable component within their overall investment choices. This is because the Forex market offers quite a few advantages which sets it apart from the rest:
1.Liquidity without Equal: Nearly $2 Trillion is being traded on a daily basis which makes it THE world’s largest financial market.
2.Superior Potential for Leverage: A leverage ratio of 100:1 can be accessed by individual investors, sometimes even 200:1.
3.Little or no expenses in the form of commissions.
4.And meagre costs for trading.
As the heading of this article suggests, let’s focus on the last 2 points.
Any type of trading involves a few costs or expenses which are relatively low right now. Nonetheless, they have to be understood. I guess the natural starting point would be to consider the trading of stocks, as this is a concept that most investors are very comfortable with.
Investors who are involved in the trading of stocks usually have a trading account setup with a broker. Naturally, their investment funds are deposited in that particular account. In return for suitable compensation, the broker will undertake and execute trades as a representative of the account holder. Usually, the broker earns a commission for going through with a trade in the form of a fixed charge per trade, or a certain figure per share or a tiered commission structure based on the size of your trade. And the charge is incurred on both sides, i.e. you get charged separately for when you buy the stock as well as when you sell it.
On the other hand, the brokers in Forex trading don’t take a commission expect for a few who charge it. Instead of rendering their services for free, they need to make a little money as well. What really sticks out is the way they do it. They charge an investor by a spread, which is the gap between the bid price and the ask price for the currency in question. The broker will add this spread or gap to the price of the complete trade and retain it as her/his fee for the transaction.
It is not exactly a commission, but it pretty much serves that exact purpose by being a little more subtle. On the positive side, you only get charged ONCE. It is usually charged on the �buy’ side of the trade and not charged twice. The spread can be written away as a cost of Forex trading and you can decide between various brokers based on what they offer.
The spreads on offer can differ significantly when you compare one broker to another. Initially, you might not notice much difference between a 5 pip & a 4 pip spread. But if you do begin to trade in large volumes or for a long time, that small difference becomes a burden quite fast. There is a 25% difference on your trading costs when the choice is 4 or 5 pips.
Another factor to consider is that spreads vary based on the currency you are trading and the type of account you open. Brokers tend to propose spreads based on the currency. Popular currency pairs like EUR-USD and GBP-USD usually have the lowest spreads while unfashionable currencies are likely to have a higher spread. So make sure you keep yourself in the loop when it comes to the currencies you will be trading in as well as their respective spreads.

3 Important Tips To Earn The Most Out

1. Research All The Way

Fixed deposits are traditionally the safest investment option when compared to mutual funds or stock as the returns you get aren’t linked to the economic conditions. Ideally, an FD would get you returns of about 6% – 9% on your investment.
In order, for you to get the most money out of your fixed deposit you will need to do your due diligence to find the best offers. One way to do this would be to get in touch with a handful of top banks or NBFCs and get a quotation of the rates they offer. Once you have all the offers in hand, you can select a deal that gives you the best interest rate.

2. Split Your Fixed Deposits/Term Deposits

If the interest on your fixed deposits/Term Deposits earn more than Rs. 10,000 a year, they will be eligible for a Tax Deduction at Source (TDS), which can be up to 10%. In order for you to make sure the deduction doesn’t happen, you can split your deposits such that the total interest earned would not be more than Rs. 10,000 a year.
Doing so can also be advantageous for you because you wouldn’t have to withdraw your entire FD if and when a cash crunch arises. Instead, you can break one or two while others will keep getting you the predetermined interest like it used to.
However, an important aspect worth noting is that you will need to mention the FD earnings when you file your tax returns, unless you want the IT department to come knocking on your door for tax evasion.

3. Refrain From Making Regular Interest Withdrawals

Every FD you apply for provides you with a number of options: one, withdraw the interest every month or quarterly or let it rest and gain more interest. When such instances occur, choose the latter. This is because when you withdrawing the interests regularly, you will not get the benefit of your FD’s interest compounding.To tackle this situation, you can reinvest the earnings to let it earn much better returns.
To summarise, term deposits are one of the safest investment options which guarantee decent returns on regular intervals. If you are looking to make the most out of them, you can use the options listed above and be a more pragmatic investor.

Guide to Burning Tree Stumps

If you are seeking out an inexpensive and clean way to put off vintage tree stumps, you have to don’t forget burning them down. This approach is a totally popular manner to get rid of tree stumps without using any essential device or gear. Furthermore, the fee is extensively decrease than professional stump elimination or stump grinding carrier given that all you need are a few over-the-counter, store-offered merchandise. You can count on to spend everywhere from $20 to $100, relying on the dimensions and amount of the tree stumps. Additional equipment can be required as well, such as a energy drill with wood-uninteresting bit, a gardening spade, compost, and greater. Continue below to see what you may need this unique technique of stump removal.

How to Burn a Tree Stump

This approach isn’t endorsed for each person that doesn’t have experience working with open flames and fire. It is also by no means advocated for areas that are dry or combustible. If you do select to burn your tree stumps, it is important to apply strict inner safety standards. Learn what those are before getting began.

You have to also ask your local hearth department approximately the nearby ordinances for burning tree stumps. A allow can be required in your network, or it is able to not be allowed at all. Also, potassium nitrate is a relatively-explosive chemical, so there can be bans, regulations, or garage regulations on your county.

What You Need:

Potassium Nitrate or Saltpeter
Dry Scrap Wood
Soil (optionally available)
Grass Seed (optionally available)
Power Drill
1-Inch Wood Boring Bit or Spade Bit
8-Inch or 10-Inch Bit Extender
Garden Trowel
Bucket
Funnel
Hot Water
Shovel
Matches

Directions:

After you’ve got checked along with your nearby fire department and city ordinances regarding fireplace use and burning tree stumps, you’re prepared to get started. Never try to burn anything outside at some point of a dry season or fireplace ban. This should result in devastating accidents and damages.

Here’s the way to get commenced:

Put your drill and drill bit together together with the bit extender. Fill your bucket with a gallon of warm water.

Starting on the top-middle of the stump, drill a hollow at a 30 diploma perspective and drill 10 inches deep.

Clean out the inner particles and keep to drill holes throughout the complete stump, starting from the center and ending at the edge. Keep holes 1 inch apart.