$Nikola Corporation(NKLA)$ huge loss

1. Be rational and objective Munger often spoke about the importance of being rational and objective. It will help you in business and investing, but also in other areas of life. Making emotional decisions rarely leads you down the right path. 2. Be a learning machine Munger viewed education as a moral duty and spent most of his day reading on a variety of subjects including business, history and science. He once joked that his kids thought he was a book with a couple of legs sticking out. 3. Financial freedom is about independence Thanks to the extreme success of Berkshire Hathaway and his other investments, Munger was among the richest Americans, with his net worth reaching about $2.6 billion this year, according to Forbes, despite already donating much of his wealth to charity. 4. Don’t

Some Lessons i learnt from Charlie Munger 1. Be rational and objective Munger often spoke about the importance of being rational and objective. It will help you in business and investing, but also in other areas of life. Making emotional decisions rarely leads you down the right path. 2. Be a learning machine Munger viewed education as a moral duty and spent most of his day reading on a variety of subjects including business, history and science. He once joked that his kids thought he was a book with a couple of legs sticking out. 3. Financial freedom is about independence Thanks to the extreme success of Berkshire Hathaway and his other investments, Munger was among the richest Americans, with his net worth reaching about $2.6 billion this year, according to Forbes, despite already d

Some Lessons from Charlie Munger 1. Be rational and objective Munger often spoke about the importance of being rational and objective. It will help you in business and investing, but also in other areas of life. Making emotional decisions rarely leads you down the right path. 2. Be a learning machine Munger viewed education as a moral duty and spent most of his day reading on a variety of subjects including business, history and science. He once joked that his kids thought he was a book with a couple of legs sticking out. 3. Financial freedom is about independence Thanks to the extreme success of Berkshire Hathaway and his other investments, Munger was among the richest Americans, with his net worth reaching about $2.6 billion this year, according to Forbes, despite already donating much o

There were forecasts call for the June Consumer Price Index report to offer some good news on the overall rate of inflation, with help from lower prices on gasoline and used cars. Despite that good news, inflation excluding food and energy costs—a key measure for the Federal Reserve—is seen staying high, which is expected to mean another rate hike is on its way from the central bank later this month. With the June report from the Bureau of Labor Statistics due out Wednesday morning, economists are calling for inflation to clock in at just over a 3% annual rate, which would be the slowest year-over-year increase in the CPI since March 2021 and down significantly from the 9.1% rate in July 2022, when inflation was running at a four-decade high. It would also make a meaningful drop from the

Forecasts for June CPI  There were forecasts call for the June Consumer Price Index report to offer some good news on the overall rate of inflation, with help from lower prices on gasoline and used cars. Despite that good news, inflation excluding food and energy costs—a key measure for the Federal Reserve—is seen staying high, which is expected to mean another rate hike is on its way from the central bank later this month. With the June report from the Bureau of Labor Statistics due out Wednesday morning, economists are calling for inflation to clock in at just over a 3% annual rate, which would be the slowest year-over-year increase in the CPI since March 2021 and down significantly from the 9.1% rate in July 2022, when inflation was running at a four-decade high. It would also make

Forecasts for June CPI  There were forecasts call for the June Consumer Price Index report to offer some good news on the overall rate of inflation, with help from lower prices on gasoline and used cars. Despite that good news, inflation excluding food and energy costs—a key measure for the Federal Reserve—is seen staying high, which is expected to mean another rate hike is on its way from the central bank later this month. With the June report from the Bureau of Labor Statistics due out Wednesday morning, economists are calling for inflation to clock in at just over a 3% annual rate, which would be the slowest year-over-year increase in the CPI since March 2021 and down significantly from the 9.1% rate in July 2022, when inflation was running at a four-decade high. It would also m

Tip 1: Deciding on a Trading Style That Fits You! Daytrading This is the trading form that beginners tend to focus on the most. Swing Trading Swing trading is a more slow-paced trading form where you hold on to your positions for one day to a few weeks at most. In other words, a swing trader attempts to catch the short to medium-term price swings. For beginners, swing trading is the ultimate trading form since it takes very little time and can be executed even by those who have a full-time job, while still having great profit potential. Position Trading This is a trading form that’s even slower than swing trading. A typical position trader holds his positions from a couple of weeks, up to several months or even years. This means that they’re attempting to catch the really long trend

Tip 1: Deciding on a Trading Style That Fits You! Daytrading This is the trading form that beginners tend to focus on the most. Swing Trading Swing trading is a more slow-paced trading form where you hold on to your positions for one day to a few weeks at most. In other words, a swing trader attempts to catch the short to medium-term price swings. For beginners, swing trading is the ultimate trading form since it takes very little time and can be executed even by those who have a full-time job, while still having great profit potential. Position Trading This is a trading form that’s even slower than swing trading. A typical position trader holds his positions from a couple of weeks, up to several months or even years. This means that they’re attempting to catch the really long trends in th

Questions on when to Buy, Sell, Or Hold a Stock Buy. Sell. Hold. Buying and selling stocks can sound exciting, complicated, and confusing all at once. But it doesn’t have to be. The first step to understanding when to buy and sell stocks is knowing how a stock market or stock exchange works. The first thing to know: There isn’t just one stock market—there are many stock exchanges and markets worldwide through which people buy and sell stocks, or shares of a company. Stock markets or exchanges consist of lots of people buying and selling at different prices because they all have different ideas about those stocks’ value. One investor might think a stock will go up, while another thinks it’s going to go down. So who’s right about when to buy stocks? Understanding When to Buy and Sel

Questions on when to Buy, Sell, Or Hold a Stock Buy. Sell. Hold. Buying and selling stocks can sound exciting, complicated, and confusing all at once. But it doesn’t have to be. The first step to understanding when to buy and sell stocks is knowing how a stock market or stock exchange works. The first thing to know: There isn’t just one stock market—there are many stock exchanges and markets worldwide through which people buy and sell stocks, or shares of a company. Stock markets or exchanges consist of lots of people buying and selling at different prices because they all have different ideas about those stocks’ value. One investor might think a stock will go up, while another thinks it’s going to go down. So who’s right about when to buy stocks? Understanding When to Buy and Sell St

Buy. Sell. Hold. Buying and selling stocks can sound exciting, complicated, and confusing all at once. But it doesn’t have to be. The first step to understanding when to buy and sell stocks is knowing how a stock market or stock exchange works. The first thing to know: There isn’t just one stock market—there are many stock exchanges and markets worldwide through which people buy and sell stocks, or shares of a company. Stock markets or exchanges consist of lots of people buying and selling at different prices because they all have different ideas about those stocks’ value. One investor might think a stock will go up, while another thinks it’s going to go down. So who’s right about when to buy stocks? Understanding When to Buy and Sell Stocks The fundamentals of when to buy a stock

Best Ways to Learn Technical Analysis In addition to chart patterns and indicators, technical analysis involves the study of wide-ranging topics, such as behavioral economics and risk management. The goal behind technical analysis is usually to identify trading opportunities and capitalize on them using a disciplined, rules-based approach that maximizes long-term risk-adjusted returns. In this article, we will look at some of the best ways for beginners to learn technical analysis without having to risk money in the market. KEY TAKEAWAYS • Technical analysis is the study of charts and patterns, but can also include aspects of behavioral economics and risk management. • Novice traders can turn to books and online courses to learn about technical analysis. • Many onl

Present recommendation on 3 AI stocks to invest in– beyond just ChatGPT These are the companies that could cash in on the chatbot revolution The bombshell release of ChatGPT has generated a frenzy of excitement among investors. But is it worth putting money into the companies that make chat bots – and could government intervention make investing a disaster?  Since launching November 2022, the Microsoft-backed chatbot has become the fastest-growing consumer app in history, attracting 100 million users every month according to the Swiss bank UBS.  The rapid rise of the programme has seen investors pile into a wide range of companies employing artificial intelligence. The investment platform Freetrade recorded a 43pc surge in the value of trades in baskets of AI stocks and

We are looking to invest our money, we must understand the different types of trading costs associated with trading. There are three main types of trading costs: commissions, spreads, and slippage. Here are 8 questions to ask before we start; 8 questions on trading costs 1. What are trading costs? This is the amount traders pay to execute various types of trades. This can be referred to as the fees they pay when they buy or sell a stock. It is also known as executing costs, execution fees, and commission. The amount a trader pays varies according to the type of trade they are trying to execute and is dependent on their broker’s pricing structure. In other words, commissions are the amount that a trader has to settle for whenever they want to trade stocks or options. A broad range

We are looking to invest our money, we must understand the different types of trading costs associated with trading. There are three main types of trading costs: commissions, spreads, and slippage. Here are 8 questions to ask before we start; 8 questions on trading costs 1. What are trading costs? This is the amount traders pay to execute various types of trades. This can be referred to as the fees they pay when they buy or sell a stock. It is also known as executing costs, execution fees, and commission. The amount a trader pays varies according to the type of trade they are trying to execute and is dependent on their broker’s pricing structure. In other words, commissions are the amount that a trader has to settle for whenever they want to trade stocks or options. A broad r

12 questions to retail trading  Are you interested in learning more about retail trading? Here are the 12 questions on Retail Trading 1. Who is a retail trader? A retail trader is an individual or small business that trades securities intending to earn a profit. Retail traders typically trade in smaller amounts than institutional investors, and they often use different strategies. Something worth noting is that a retail trader does his/her trading using their own money but not for a living. What they do is sell and buy securities for what is known as personal accounts (PA). They don’t manage other people’s money. 2. What Is the definition of retail trading? Retail trading is the process of buying and selling securities through a broker-dealer firm that specializes in working with indi

Are you interested in learning more about retail trading? Here are the 12 questions on Retail Trading 1. Who is a retail trader? A retail trader is an individual or small business that trades securities intending to earn a profit. Retail traders typically trade in smaller amounts than institutional investors, and they often use different strategies. Something worth noting is that a retail trader does his/her trading using their own money but not for a living. What they do is sell and buy securities for what is known as personal accounts (PA). They don’t manage other people’s money. 2. What Is the definition of retail trading? Retail trading is the process of buying and selling securities through a broker-dealer firm that specializes in working with individual investors. These firms a

A Tesla (TSLA) vehicle was the globe's bestselling car in the first quarter of 2023 as Chief Executive Elon Musk recently hinted new Tesla products are coming, that he is open to advertising and confirmed a Cybertruck delivery event will take place this year. The Tesla Model Y was the world's bestselling vehicle in Q1, according to data compiled by industry analyst JATO Dynamics for Motor1. The Model Y had 267,200 sales in Q1, according to data from 53 markets and estimates for the rest of the world. The result comes as Tesla has cut Model Y prices early in 2023. Meanwhile, Tesla held its annual shareholder just days after Musk announced there will be a new person heading up Twitter, signaling to TSLA investors he will have more time to spend on the global EV giant. During the gatherin

Telsa-- can buy?? A Tesla (TSLA) vehicle was the globe's bestselling car in the first quarter of 2023 as Chief Executive Elon Musk recently hinted new Tesla products are coming, that he is open to advertising and confirmed a Cybertruck delivery event will take place this year. The Tesla Model Y was the world's bestselling vehicle in Q1, according to data compiled by industry analyst JATO Dynamics for Motor1. The Model Y had 267,200 sales in Q1, according to data from 53 markets and estimates for the rest of the world. The result comes as Tesla has cut Model Y prices early in 2023. Meanwhile, Tesla held its annual shareholder just days after Musk announced there will be a new person heading up Twitter, signaling to TSLA investors he will have more time to spend on the global EV g