How I trade - Lesson 1...$$
Just thought I'd go over how I trade in a week long special again. I've told people many times throughout the years, but I think it's a good time to redo it.
Lesson 1 is simple - Be out of debt. If you have credit card bills, car payments, a home loan, etc and you have money in the stock market, you're a dumbass. Take the money out and pay off your debt. TRUST me. You will go through your day with so much less stress. Get rid of your bills before you start investing. Set aside a 6 month emergency fund and THEN start investing. Once you own all of the things that are important to you (car, house, whatever) you free up the money you were paying to those bills (and the interest payments) and can throw all of that straight into the stock market and make a killing.
So, like I said, get rid of all of the bills you can, make yourself a 6 month emergency fund and then start pouring as much money as you can into your stock account. (I use Scottrade and no, they don't pay me anything to say that.)
Invest in peace...
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Please join me in supporting the Arthritis Foundation in its efforts to find a cure for Arthritis and its related diseases. Each year since 2006, I have bicycled from San Francisco to Los Angeles to raise money to help find a cure for the 46,000,000 Americans and 300,000 children (yes, this is not only an "old person's" disease) with some form of Arthritis.Visit www.californiacoastclassic.org for more info. I have set a personal goal of raising $6,000. Please help me reach this goal by DONATING on line at our secure web site at www.cccsocal.kintera.org/paulson or send a check to me payable to the "Arthritis Foundation". Thank you so much for your generosity and support. Working together, I know we can make a difference. The ride takes place 9/25 - 10/2/10.
Please join me in supporting the Arthritis Foundation in its efforts to find a cure for Arthritis and its related diseases. Each year since 2006, I have bicycled from San Francisco to Los Angeles to raise money to help find a cure for the 46,000,000 Americans and 300,000 children (yes, this is not only an "old person's" disease) with some form of Arthritis.Visit www.californiacoastclassic.org for more info. I have set a personal goal of raising $6,000. Please help me reach this goal by DONATING on line at our secure web site at www.cccsocal.kintera.org/paulson or send a check to me payable to the "Arthritis Foundation". Thank you so much for your generosity and support. Working together, I know we can make a difference. The ride takes place 9/25 - 10/2/10.
