Investing

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Investing

Postby Marcus Minucius Audens » Wed Oct 12, 2016 3:12 pm

>>>> Investments <<<<

Todays market finance is a difficult area to enter into. Many who have tried it have failled. One gentleman who ran a hedge fund for some time, a very smart man, who had many smart people working for him, finally failed in the area of "beating the market." On the other hand, a good friend of mine whom I knew in service, was very successful and currently lives in Alaska, and journies about the state in his own plane. So the effort is not an impossible one. However, caution is advised and one should remember that the data indicates that we fail because we think actively managing investment selections and timing our buys and sells, is the way things are done.

We have been so conditioned by various sources to think that the act of trading is in and of itself very complicated, so much so that future investment plans are based more on luck then on planning. In many cases it is thought that investment is just another means of gambling.

There is a book; "DIY Financial Advisor, A Simple Solution To Build and Protect Your Wealth," (Wiley, 2015), which provides "Four Good Investing Rules To Live By," which creates an interesting financial story. Investing should be both simple and boring. Neither the Koch Brothers or George Soros should have anything to do with your building wealth.

Successful investing comes down to a simple plan, dicipline, and ignoring the media and financial sector noise. It is plain that we can all achieve some success with proven, and simple, but boring strategies, and ignoring fancy trading programs, or trying out the fly-by-night-seat-of-your-pants investment techniques. Two key investing rules to keep in mind are:

>> If it sounds to good to be true, it probably is;
>> Never invest in anything that you don't understand (regardless of how persuasive the salesperson is).
These rules may be difficult to keep sometimes, but they should be closely observed especially when you hear of a particularly "sweet deal."

Ref. Lt. Col. Shane Ostrom, USAF (Ret.) CFP and Benefits Information expert ar MOAA.

Note:
MOAA's financial calculators (http://www.moaa.org/calculators) can help you determne the future value of your stock options, how inflation and taxes affect your bottom line, and more.

Respectfully Submitted;
Marcus Audens
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Re: Investing

Postby Lucius Aurelius Curio » Thu Oct 13, 2016 5:34 am

Curio Sal.

Yes, financial investing is one of the single most important things you can do for your future, and is also one of the hardest to follow through on. Especially given how convoluted our financial market is, it's difficult for the average individual to navigate it and determine what is the best course of action. Many invest in the stock market, but that's even completely dicey.

Thank you once more for sharing this very useful article, amice.

Valete!

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