Like many investors who (perhaps foolishly) invest a portion of their funds into individual shares, I’ve an ambivalent relationship to stop loss investing strategies.
If a stop loss ‘did what it said on the tin’, I’d have no complaints.
Who wouldn’t want to Stop Losses when investing? It sounds like Nirvana, a one-way ticket to profits.
But what setting a stop loss order really does is guarantee you lock in a loss if it’s triggered.
There’s a straightforward way to make enough money to cover your mortgage, buy food and clothes, pay for your kids’ haircuts, and leave enough money to spare for investing.
This method is not effortless, but you’re not afraid of hard work, right?
This top money-making method will also:
All that and it earns you money!
So why don’t you hear about it on any of the ‘Get Rich Quick’ Internet sites?
Because there’s not much money to be made reminding people that their career and salary could be their number one financial asset.
I was reminded about this last week. Having foolishly taken a few days holiday, I ended up confined to bed, hit by a flu virus that felt like a baseball bat.
The stock market might have mounted a bit of a recovery over the past ten days, but unfortunately your writer has gone the other way. Picking up a particular virulent strain of Lurgy maximus while messing about on the river last weekend, I’ve been confined to bed for the past 96 hours on a diet of Ibuprofen and freshly squeezed orange juice.
I’m happy to report I’m feeling much better today though, so please do stay subscribed to Monevator, and look out for a resumption in posting once I’ve caught up with my other work next week.
Every week I read a large number of personal finance and investing articles. Here’s my latest weekly shortcut to the best.
I’m away suffering through a stag weekend today, so this selection of personal finance articles from the blogosphere doesn’t cover anything published after Thursday.
