Real Estate – Tom Sheldon Haley

Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1

admin — Thu, 04 Apr 2024 22:23:19 +0000

Losing money means you lose your base for compounding returns, which is essential for long-term wealth growth. Avoid unnecessary risks.

The stock market is a device for transferring money from the impatient to the patient.

Successful investing often requires patience. Those who chase quick gains or panic-sell during downturns end up losing to disciplined, patient investors who stay the course.

The Art of Risk-Reward Management and Capitalizing on Market Uncertainty

admin — Thu, 21 Mar 2024 22:20:23 +0000

Even if you’re wrong most of the time, your wins can outweigh your losses if you properly manage your risk and position size.

Markets are constantly in a state of uncertainty and flux, and money is made by discounting the obvious and betting on the unexpected

Markets often price in common knowledge. Profits lie in predicting unexpected changes or trends others fail to see.

The Greater Failure: Never Starting

admin — Wed, 22 Nov 2023 14:03:14 +0000

The only thing worse than starting something and failing… is not starting something

The Unstoppable Drive

admin — Tue, 07 Nov 2023 11:16:42 +0000

When I was younger, there was something in me. I had passion. I may not have known what I was going to do with that passion, but there was something and I still feel it. It’s this little engine that roars inside of me, and I just want to keep going and going

Execution Over Ideation

admin — Sun, 15 Oct 2023 18:53:05 +0000

It’s not about ideas. It’s about making ideas happen.

The Wisdom of Caution

admin — Sat, 09 Sep 2023 13:38:51 +0000

There are old traders and there are bold traders, but there are very few old, bold traders

Learn from Your Losses: The Path to Improved Results

admin — Wed, 12 Apr 2023 09:51:32 +0000

If you want real insights that can make you more money, look at the scars running up and down your account statements. Stop doing what’s harming you, and your results will get better. It’s a mathematical certainty

Embrace Small Losses to Avoid Catastrophic Ones

admin — Tue, 14 Feb 2023 20:47:56 +0000

If you can’t take a small loss, sooner or later you will take the mother of all losses.

Elements of good trading

admin — Sat, 10 Sep 2022 21:45:00 +0000

The elements of good trading are:

(1) cutting losses

(2) cutting losses, and

(3) cutting losses.

If you can follow these three rules, you may have a chance.

Right Strategy to Outperform

admin — Wed, 31 Aug 2022 14:47:00 +0000

Many investors make the mistake of buying high and selling low while the exact opposite is the right strategy to outperform over the long term