by P. Claybrook, MS, MBA | | Stock Market Millionaire Lessons
Cryptocurrencies are still on the rise, and investing in decentralized finance continues to reward patient investors in a sector marked by volatility, complexity, and lack of transparency. Virtual currencies are a type of investment. The fact that there is no bank or...
by P. Claybrook, MS, MBA | | Stock Market Millionaire Lessons
1. How is compound interest used? Compound interest is most often used to calculate the value of an investment in which the interest that is accumulated is added back into the account. For example, let’s say I invest $10,000 at 5% interest per year. After 1...
by P. Claybrook, MS, MBA | | Stock Market Millionaire Lessons
To become a millionaire, I don’t want you to simply read the lessons on this site, you must DO them! I can give you the “hoo-rah-rah” speech and make you feel all warm and fuzzy inside and want to get rich, but will you actually do it? That’s only a question that...
by P. Claybrook, MS, MBA | | Stock Market Millionaire Lessons
There is only one rule to making money in any investment: BUY LOW, SELL HIGH. Sure, there are dividends and stuff like that, but at the end of the day, making money means selling at a higher price than you bought at. Of course, HOW to do that is more complicated...
by P. Claybrook, MS, MBA | | Stock Market Millionaire Lessons
If you are wondering how to know when to buy a stock, look no further than its chart. This is maybe not the only thing to consider when investing in a stock, but it is the most important. Charts will tell you more than a 50 page prospectus or a stuffy stock broker. By...
by P. Claybrook, MS, MBA | | Stock Market Millionaire Lessons
Don’t be confused by stock analysis tools and “experts.” You can determine if a stock is a good buy based entirely on the time period you are looking at. For example, let’s assume that the high and low for a certain stock are $40 and $20,...