After years of investing, there have been several investing principles I learned regarding the stock market. One of them is this: Good investing is not about understanding the numbers; it’s about understanding human behavior.
Human behavior is driven by emotions. Which is why the economy and markets are not predictable. As I’m writing this in December 2023, we’re still waiting for a recession that many pundits have been predicting for two years.
I was talking to a friend recently about strategies that make ordinary people wealthy. Often, people talk about trying to spend less by budgeting, saving more, and investing. Or working harder to earn more. These things definitely help. But we all know that without a […]
Understanding the trends of the global economy helps us decide our careers, finances, and investments. But that’s hard because who can you trust? Who should you believe? So many experts, so many opinions.
In August of 2000, the energy company, Enron, posted a peak stock price of $90.75 per share. At the time, Enron was one of the largest companies in the United States. It wasn’t an “obvious” shady scam; everyone thought it was a great investing opportunity. […]