Thought for the day, plus some posts of interest!
“One word which sums up the basis for all good conduct …loving kindness. Do not do to others what you would not want done to yourself.” ~ Confucius
"Those who try to do something and fail are infinitely better than those who try nothing and succeed." - Lloyd Jones
A good article on your financial goals in order for the New Year!
A good read about the effects of our current sideways market on your investments.
“Lead with your strength. Be patient. Find what you’re good at. And when you get successful, take someone with you from the bottom. Make a difference.” ~ Pearl Fryar
"We are what we repeatedly do. Excellence then, is not an act, but a habit" - Aristotle
“You are the result of 3.8 billion years of evolutionary success. ACT LIKE IT.” ~ Author Unknown
S&P had a nice up week, but was unable to close above the daily 50SMA and 200SMA (blue and brown lines on chart below). It will have to do that next week to have the Santa Claus rally! I traded IWM for +1.97% and VAW for +2.56%. I'm finished trading for the year and ended up with a -1.9% loss on my trading portfolio. Although it is a loss, I'm happy with the results since I was down over -5% this past year at one point. This has been my second losing year in the last 12 years of trading (first was 2008, -2%), so keeping the loses very low is important to me. I feel I've corrected my trading mistakes and look forward to another year of trading as a hobby in 2016!
“It is one of the blessings of old friends that you can afford to be stupid with them.” ~ Ralph Waldo Emerson
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Disclaimer: Information on this website is to be used for educational purposes only. Information found here are personal opinions and not advice from a professional financial advisor or broker. All trading and investing comes with risk!