Biltmore Capitol

<h2>Preparing For Armageddon</h2>

Preparing For Armageddon

With major stock market indices soaring higher and higher, investors and pundits increasingly express fear that a horrible economic collapse is imminent. Predictions of the world coming to an end soon have brought society to a financial panic that can be avoided. In 2007, devastation traumatized ...

<h2>7 Common Trading Mistakes Part 6: Selling stocks after years of poor performance</h2>

7 Common Trading Mistakes Part 6: Selling stocks after years of poor performance

Lots of people become discouraged with stocks in their portfolios that have under-performed for years. GE is a good example. As of late 2017 GE has under-performed the market for years. Emotional investors cannot resist selling a long-term underperformer when that stock that takes a quick upward ...

<h2>7 Common Trading Mistakes Part 7: Believing that things are different this time</h2>

7 Common Trading Mistakes Part 7: Believing that things are different this time

Remember the dot-com bubble of the late 1990’s? How about the real estate bubble leading up to 2007? I remember the enthusiasm about the “nifty fifty” back in the late1960s and early 1970s. The nifty-fifty were considered by some to he such high quality firms (e.g., Kodak, Sears, Polaroid) ...

<h2>7 Common Trading Mistakes Part 5: Buying stocks on short-term dips</h2>

7 Common Trading Mistakes Part 5: Buying stocks on short-term dips

A common tax mistake is caused by anchoring. Anchoring is the idea that when a stock trades in a range such as $20-$25 per share for a few months, investors begin to think that $20-$25 is a reasonable future price for the stock. Therefore, lots of people cannot resist buying the stock on a dip ...

<h2>7 Common Trading Mistakes Part 4: Trading Cost Blindness</h2>

7 Common Trading Mistakes Part 4: Trading Cost Blindness

When trading in search of dollars, it is a mistake to ignore wasting even only a few cents on trading costs. Consider an investor who buys 500 shares of a stock at $10.00 each and then turns around and sells the stock for $10.10. The investor seems to pick up a $50 profit (500 shares …