The art of investing is broken down into the following:
1. Knowing when to enter a high-probability asset based on a proven edge.
2. Knowing when to stand aside on an asset as it displays no edge.
3. Knowing when to let go of an asset, either for a profit or a loss.
The next big stock market correction has been imminent for, well, months now? Every time the Dow or the Nasdaq rises and falls, more articles admonishing about the inevitable massive stock market 1929-type crash populate investors’ screens.
Generation Investor Should Remain Optimistic
With new jurisdictions coming online on a consistent basis and the increasing expectation of federal legalization knocking on Congress’ gates, the cannabis industry is more mature and established than it has ever been before.
Columbus Day has sparked controversy in recent years as historians re-evaluate the legacy of Christopher Columbus. The stock market ignores this celebration – it shares the distinction as being one of the two federal holidays when the NYSE and NASDAQ are open for business, with Veterans Day being the other.
Despite what the ads on Instagram and your #sidehustle neighbor might imply, consumer products are hard to sell. Harder than selling is maintaining and growing sales after the novelty of new has worn off.