0

DIY Investing - Do You Have What It Takes To Succeed?

PUBLISHED Jul 30, 2022, 4:12:57 AM        SHARE

img
ImageErik Conley

How To Master The Art Of DIY Investing

  1. Skills a. Self-awareness b. Comfortable with numbers c. Can work a spreadsheet d. Can assess risk e. Can tolerate losses f. Able to recognize B.S.
  2. Temperament (Character traits) a. Patient b. Open-minded c. Curious d. Willing to ask for help e. Confident, but not overconfident f. Goal-oriented g. Even-keeled
  3. Knowledge a. Active vs. Passive investing b. The Efficient Market Hypothesis (EMH) c. Portfolio Theory d. Game Theory e. Behavioral Economics f. Business Cycles
  4. Tools a. A mentor who can guide you b. Investment Policy Statement c. Properly vetted information sources d. Stock/ETF/Fund Screeners e. Retirement calculators f. Portfolio tracking software


Sound investments
don't happen alone

Find your crew, build teams, compete in VS MODE, and identify investment trends in our evergrowing investment ecosystem. You aren't on an island anymore, and our community is here to help you make informed decisions in a complex world.

More Reads
Avoiding emotions on the market
Image

Markets rise and fall and sometimes can even be shut down (who knew?). It should be highlighted that investment in any instruments other than fixed income securities is generally considered volatile.

The Case for Buying the Dip
Image

The case for buying the dip is based on the availability of undervalued assets in a market that has suffered indiscriminate selling.

Fed Day
Image

Better US news from the likes of Google, Microsoft, and Texas Instruments has helped lift sentiment today and is encouraging a more risk-on mood ahead of the FOMC meeting.

Berkshire Hathaway Forecast ahead of Quarter 2 2022 Earnings Report
Image

Berkshire Hathaway announced its Quarter 1 2022 earnings on 30th April. During the first quarter, earnings declined due to slowing economic growth and stock market pullback. Berkshire Hathaway quarter 2 2022 earnings are expected to be published on 5th August. Let's look at the current market trends and Berkshire Hathaway's performance to determine a possible outcome of the quarter 2 2022 earnings.

What Happened to Netflix Stock? Stranger Things About the Netflix Stock Drop in 2022
Image

What Happened to Netflix Stock? A Horrible Series or just a scary episode of the Netflix Stock Drop in 2022? Let's explore everything!

Greenback Jumps Back
Image

With the exception of Japan, Taiwan, and India, the large equity markets in the Asia Pacific region traded higher today.

Who Is The Greater Fool?
Image

To put it in the crudest of terms, a greater fool is someone who is dumber than you. At the poker table, if you can’t figure out who the patsy is, it’s probably you.

Market Musing 7-26-2202, Fed Watch and Tech Earnings Watch
Image

High Volatility: VIX > 23. SPX overall is bearish. Remember that you “can not fight the Fed.” Well you “can not fight the ECB” either.

Mrmd, bros
Image

Headed for substantial growth

What is “Desired” Inflation?
Image

Don’t get me wrong, inflation is a huge concern for those considering retirement, but what can you actually do about it?

Do Trends Exist?
Image

It's not about cycles and trends, but pattern and randomness

Greenback Softens, but Think Twice about Chasing It
Image

Aside from political economic risks, three other challenges are emerging.

Bank of America Stock Price Today - BAC Making Huge Revenues in a Bear Market
Image

Are you hunting the high-value stocks to make high returns even when the pessimism prevails? Bank of America Stock Price Today is just at the lowest level.

Why it’s Time to Start Buying TESLA Long
Image

Is it possible to sell Tesla, the most shorted stock globally, as a potential long buy? On 21 July 2022, Tesla’s stock surged by 10%, attributed to its strong earnings in its Q2 2022 results. The surge was an unpleasant surprise for short traders, who made an estimated mark-to-market loss of over $1 billion.

Does CEO Drama Affect Stock Price?
Image

Elon Musk Affair News Linked to Sell-Off by Sergey Brin

The Fed’s 8-Second Bull Ride
Image

The Fed is on a bull right now, midway through the 8 seconds. The economy is bucking, trying to let gravity and chaos reign above data and order.

Can one make money as an active stock market investor?
Image

In his book, “The Intelligent Investor”, Benjamin Graham describes an Aggressive Investor as an enterprising security buyer who desires and expects to attain better overall results than his Defensive or Passive companion.

Money Market Vs Stock Market
Image

Some folks have asked Piggy whether to start off by investing on the money market or stock market. The fact about the matter is that these are two asset classes with different characteristics.

Building a Base: A Good Start
Image

Stock Market Commentary

Neither a Crypto Borrower nor a Lender Be
Image

As I have said before, look at the underlying economics of an investment rather than its external form. It doesn’t matter whether it is public or private.

Resources for Publishers
Resources for New Investors