Five Tips for Trading ETFs

Every week I tell you about exchange traded funds (ETFs) that you can use for various investment purposes. You could be wondering, though, what’s the best way to buy them. So in today’s column I’ll give you some practical information that will help you implement whatever ETF investment strategy you might want to pursue.

Professional investors make a distinction between portfolio management and trade execution. You might not be a professional, but you can still use the same thought process …

Portfolio management is when you make the decision to buy or sell a particular security. Normally there will be limits on the…

Make 20 Times Your Money in this Hated Industry

The simplest way to make a genuine fortune – we’re talking 20 to 50 times your money here – is to buy assets no one wants and wait for them to be wanted again.

In fact, we met someone who did it firsthand a few months ago. Over breakfast with Bob Quartermain, the president of Silver Standard Resources (NASDAQ:SSRI), your editor got the first-hand account of the company’s development.

Quartermain, a geologist by training, started at Silver Standard in 1985 when the precious metal bubble had just imploded. He had one goal: acquire silver assets. Silver projects were cheap and plentiful…

Two Barriers on the Road to Wealth

Have you ever been driving on the road when traffic suddenly comes to a halt? You sit there wondering what the heck is going on up ahead for ten or fifteen minutes. Then, suddenly, things start moving again and you realize that the hold-up was caused by merging traffic and a couple of yahoos who decided to wait until the last possible second to move over into the proper lane.

Why do people consistently do things like this? Why do they wait until the last possible moment to move over, even when there were ten signs warning them to do…

5 Simple Things All Wealthy Traders Do To Gain An Edge

Over the past year I’ve spoken to hundreds of traders, many of which were recorded and posted at TraderInterviews.com.  If you had asked me a few years ago how the best traders approached the markets, I would have said that they all had similar strategies.  But after talking with traders of every market imaginable, I’ve found they all have very different methods.

However, while they each may use wildly different techniques (I spoke with one very wealthy trader who confirmed his chart patterns by looking at planetary movement and moon phases), all of them follow five rules without exception.   Some of…

Important Follow-Up on Dollar-Cost Averaging

Three weeks ago, I showed you why dollar-cost averaging would have worked very well since the first time I mentioned the strategy here in Money and Markets during the summer of 2008.

I got a lot of positive feedback on the story … including much amazement that this simple approach could have produced such a powerful result during such a tumultuous time for the stock market.

Of course, a few people also chimed in with questions and concerns. Some wondered whether I just chose favorable dates for my case study. More importantly, a couple of the comments suggest to me that my…