Reblog: The 7 Brutal Truths: Why You Should Not Be a Trader


Let me ask you…

Why do you want to be a trader?

You want financial freedom.

You don’t want to answer to anybody.

You want to be your own boss.

You want to make money.

You want a passive source of income.

Now you’re probably wondering:

“Is it possible to achieve all these from trading?”

Good question.

Then you’ll want to read every single word in this post because you’ll discover the myths, the possibilities, and most importantly… the truth about trading.

You may be surprised at what I’m about to share with you.

So if you’re ready… then let’s begin.

#1 You’re trading for passive income

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Reblog: Peter Lynch Investment Tips


This is an oldie but goodie – Peter Lynch on how to pick stocks. By chance, we were also doing the Lynch book list and ran into some confusion if anyone knows please let us know

Here are the obvious three

One Up on Wall Street Peter Lynch 1989
Beating the Street Peter Lynch 1993
Learn to Earn Peter Lynch 1995

The Davis Dynasty: Fifty Years of Successful Investing on Wall Street says its by John; Peters S. Lynch (foreword) Rothchild, I would assume the foreword for a book about Shelby Davis would be the investor Peter Lynch but we were unlear if he had a middle S initial (or if he did not, is that a typo? – obviously can read the book itself but hard to find some of these out of print books and we only have so much time and rsources) in the end we were not sure so would want to exclude it. We will have our list for better or worse soon. We also transcribed the following video – it is not verbatim and is for information purposes only

Enjoy

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