Wednesday, April 30, 2008

Gas prices eating our money

Today, on CNBC I got shocked what i heard, in some states government decided to raise Gas taxes. Whats wrong with this people? It is knowing fact, that if you raise taxes in bad times, it only will make worst. In this crazy economy government should cut taxes and cut a lot, so people will be able to go on vacations, pay less money on travel tickets and so on. Vacation season are done. There is not many peopel will travel by planes, few by cars. Distance will be shorter and less money spend at the vacations too.

Thursday, April 24, 2008

Time to Invest?

Most of us have this question, is this a good time to invest? I would simply say "yes", and why? , becuase, investment in stock market are American way to create wealth for your retirement. Most of us, don't think about retirement time, but unfortunately, 60% percent of future retired people, will getttin half of the money, they have when they work.

Dont' put all eggs in one basket. Start investing by spending 20% of all your available funds at this moment. Give yourself a time frame, that every 3 months, invest some money in stock market. How to choose your stock? First, let's find sector with the most trouble: real estate, financial, retails. Within that sector need to find stock, which lost over 50 % value for the past 52 weeks. Ok, we found it. Now lets, buy only 20% of our available money few shares of few names. This way we are creating basket. Repead this proccess in 3 months.

Great trading