Trading Ideas| Investing Wisdom
Hello everyone! Today i want to share some trading skills with you!
1.
$S&P 500(.SPX)$ Let's say Tom's portfolio is worth $100,000 in the middle of a bull market.
Tom is happy with this number and wants to protect it.
He mentally calls this $100,000 his "protected value."
All his cash management decisions are based on this number.
2.
Tom always keeps an eye on the macro and has a feel for if the market is:
▪️Under-valued
▪️Fairly-valued
▪️Over-valued
Tom keeps ~12% of his "protected value" in cash in a fairly-valued market.
That's $12,000
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3.
Best Investing Books according to Goodreads
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4.
Why fees matter, visually:
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5.
The ridiculously simply formula for stock market wealth:
Index Funds + Dollar Cost Averaging + Time
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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
