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Actual for You - Keep a Poker Face When Investing
There are 2 decisions you need to make when considering your mailing options:1. Envelope or no envelope?2. Bulk mail or first class?Envelope or no envelope?An envelope will help protect your newsletter from getting crushed in the mail, it will allow you to include enclosures and enable you to print additional marketing information on the envelope. All of these, of course, come at a cost.But being able to include enclosures can be quite valuable. For example, you may wish to include a coupon or some further information about your product or service, or may
In the other case, it might seem like a great idea and a steal of a deal but you have to stop and ask yourself why the rapid slide? What do people know that I don’t? Perhaps it was just a volatile day on the market and some people were
Testing Your AdsIt’s not enough just to place an ad and hope for general public awareness of your business; you must test your advertising. How else are you going to know what ad draws the best response? Read carefully the following statement by John Caples, a well-known direct response copywriter. "I have seen one advertisement actually sell not twice as much, not three times as much, but 191/2 times as much as another. Both advertisements occupied the same space. Both were run in the same publication. Both had photographic illustrations. Both had carefully written copy. The diffe
People are then shocked when their picks don’t perform as they had wanted or, worse yet, lose them money. They then flip the stock quickly, realizing little gain once fees are taken into account or even losing money. Emotions like anger and fear cloud judgments. Without the structure of a plan, bad decisions are easily be made. The only way to make money is in cool, emotionless planned buying. Set plans and goals and then act on them. And it all comes from research.
Investing is a lot like playing Texas Hold ‘Em. You might have a gut feeling about a company or a stock -- that undefined intuition that makes you think that the stock is ready to take off — but don’t listen. Like poker, that sort of thinking will lose you money in the end. Betting that an ace will show up on the turn or the river in order to complete your straight is a bad idea. You might get lucky once in a while, but to be successful you have to play the odds. As often as not, you’ll turn up a deuce.
Stocks too. If a company feels right, but the numbers don’t add up, or they have a record of making poor decisions in slow markets or the stock price is very volatile then walk away. Conversely a good company that had one problem that they fixed but which drove down their share price might be a good bet.
But as the best poker players will tell you the best way to win is to eliminate emotion. That is where planning is important. The markets are volatile, especially today. Prices soar and crash and an investor can be quickly drawn into bad decisions. That’s where drawing up a plan helps.
For example, you have discovered Techno Whiz America Inc (TWA), a company that is leading the way in some technological innovation that only some computer geeks on Digg.com have heard about and have patented something that will change the way we use, say, telephones. The company looks sound and has posted consistent profits in the last year. But because this technology is so new the company stocks are ridiculously low. They are currently trading at $4 a share. You do your homework and notice the share price for the company has being going up and down consistently over the last three quarters. You decide the best price to get in would be $3.50.
The next day, although there is no news or announcements from the company, the price shoots ups to $6. You kick yourself for not buying at $4 and your inclination is to now jump in at $6. Another scenario sees the stock price slump to $2.80. You first inclination, jump in a buy at a steal. You just saved yourself .70 cents a share. What a deal. And these would be emotional decisions and they would both be wrong. Why? In the first case your research showed that a good price would be $3 a share. Why ditch all that information because you think you missed the boat and be willing to spend almost twice as much per share. A rash decision.
In the other case, it might seem like a great idea and a steal of a deal but you have to stop and ask yourself why the rapid slide? What do people know that I don’t? Perhaps it was just a volatile day on the market and some people were s
Online affiliate marketing has become the wave of the internet's future. An inexpensive and effective marketing plan, affiliate programs enable e-commerce merchants to sell products online, and promote their web sites at the same time. The affiliate program also pays the merchant a specified amount for each sales transaction from the affiliate's own website. If an e-commerce business is not performing as well as expected, online affiliate marketing is a way to build and improve overall site visits and sales. This is a major reason that this form of commercialization has become so popular in recent years.<
Investing is a lot like playing Texas Hold ‘Em. You might have a gut feeling about a company or a stock -- that undefined intuition that makes you think that the stock is ready to take off — but don’t listen. Like poker, that sort of thinking will lose you money in the end. Betting that an ace will show up on the turn or the river in order to complete your straight is a bad idea. You might get lucky once in a while, but to be successful you have to play the odds. As often as not, you’ll turn up a deuce.
Stocks too. If a company feels right, but the numbers don’t add up, or they have a record of making poor decisions in slow markets or the stock price is very volatile then walk away. Conversely a good company that had one problem that they fixed but which drove down their share price might be a good bet.
But as the best poker players will tell you the best way to win is to eliminate emotion. That is where planning is important. The markets are volatile, especially today. Prices soar and crash and an investor can be quickly drawn into bad decisions. That’s where drawing up a plan helps.
For example, you have discovered Techno Whiz America Inc (TWA), a company that is leading the way in some technological innovation that only some computer geeks on Digg.com have heard about and have patented something that will change the way we use, say, telephones. The company looks sound and has posted consistent profits in the last year. But because this technology is so new the company stocks are ridiculously low. They are currently trading at $4 a share. You do your homework and notice the share price for the company has being going up and down consistently over the last three quarters. You decide the best price to get in would be $3.50.
The next day, although there is no news or announcements from the company, the price shoots ups to $6. You kick yourself for not buying at $4 and your inclination is to now jump in at $6. Another scenario sees the stock price slump to $2.80. You first inclination, jump in a buy at a steal. You just saved yourself .70 cents a share. What a deal. And these would be emotional decisions and they would both be wrong. Why? In the first case your research showed that a good price would be $3 a share. Why ditch all that information because you think you missed the boat and be willing to spend almost twice as much per share. A rash decision.
In the other case, it might seem like a great idea and a steal of a deal but you have to stop and ask yourself why the rapid slide? What do people know that I don’t? Perhaps it was just a volatile day on the market and some people were
The wealthiest people in the world acquired their wealth through a careful recognition and exploitation of a major trend. For example, Bill Gates took advantage of the birth of personal computers and made billions by marketing software that enabled people to use their computer. Sam Walton took advantage of a trend in retail sales and developed a self-service, discount department store concept that became Wal-Mart.We are at the brink of four major trends. These trends are the Internet, the aging of the world’s population, the exploding home-based business market, and the growth of the wellness industry.ompany feels right, but the numbers don’t add up, or they have a record of making poor decisions in slow markets or the stock price is very volatile then walk away. Conversely a good company that had one problem that they fixed but which drove down their share price might be a good bet.
But as the best poker players will tell you the best way to win is to eliminate emotion. That is where planning is important. The markets are volatile, especially today. Prices soar and crash and an investor can be quickly drawn into bad decisions. That’s where drawing up a plan helps.
For example, you have discovered Techno Whiz America Inc (TWA), a company that is leading the way in some technological innovation that only some computer geeks on Digg.com have heard about and have patented something that will change the way we use, say, telephones. The company looks sound and has posted consistent profits in the last year. But because this technology is so new the company stocks are ridiculously low. They are currently trading at $4 a share. You do your homework and notice the share price for the company has being going up and down consistently over the last three quarters. You decide the best price to get in would be $3.50.
The next day, although there is no news or announcements from the company, the price shoots ups to $6. You kick yourself for not buying at $4 and your inclination is to now jump in at $6. Another scenario sees the stock price slump to $2.80. You first inclination, jump in a buy at a steal. You just saved yourself .70 cents a share. What a deal. And these would be emotional decisions and they would both be wrong. Why? In the first case your research showed that a good price would be $3 a share. Why ditch all that information because you think you missed the boat and be willing to spend almost twice as much per share. A rash decision.
In the other case, it might seem like a great idea and a steal of a deal but you have to stop and ask yourself why the rapid slide? What do people know that I don’t? Perhaps it was just a volatile day on the market and some people were
A new MLM -- My World Plus just launched on March 15, 2007. As a founding member of MyWorldPlus, we have had the pleasure of seeing first hand the excitement this program is generating.Why so much excitement with the launch of My World Plus? Well for one, the substantial savings and discount the My World program is generating are astonishing. Everyday people are saving up to $200 per month with the My World discounts plus card. Not bad for an investment of only $19.95/month.How would you like to get a Big Mac free, a Quizno's Sub free, or up to 50% off of your order from Pizza Hut? These are just
The next day, although there is no news or announcements from the company, the price shoots ups to $6. You kick yourself for not buying at $4 and your inclination is to now jump in at $6. Another scenario sees the stock price slump to $2.80. You first inclination, jump in a buy at a steal. You just saved yourself .70 cents a share. What a deal. And these would be emotional decisions and they would both be wrong. Why? In the first case your research showed that a good price would be $3 a share. Why ditch all that information because you think you missed the boat and be willing to spend almost twice as much per share. A rash decision.
In the other case, it might seem like a great idea and a steal of a deal but you have to stop and ask yourself why the rapid slide? What do people know that I don’t? Perhaps it was just a volatile day on the market and some people were
Can you use direct mail marketing to get a job? Well consider if your will that most people already do, because they mail out their resumes to Corporations where they are interested in applying too right? Sure, also solo-professionals, consultants, small business people and even contractors also mail our coupons for free estimates, consultations and introductory offers to get jobs also.Well what if you used this technique to get a job using direct mail marketing coupon packages? Sounds funny right? Well if you think about it; it isn’t really as we know politicians tell us of their credentials in these di
In the other case, it might seem like a great idea and a steal of a deal but you have to stop and ask yourself why the rapid slide? What do people know that I don’t? Perhaps it was just a volatile day on the market and some people were selling off, dumping or taking profits.
This is where a plan comes into play. If the stock continues to climb then you missed it. But so what? There are hundreds of other stocks that offer great opportunities and it is better to have some fluid capital than have your money tied into a poorly purchased stock. It is like the poker player folding on a three and a four of spades and then seeing a five, six, seven of spades show up on the flop. Sure, you would have had a straight flush but you had to play the odds and fold, because 999 times out of 1000 those cards would not have shown up.
In our hypothetical scenario the volatility subsides and you see the TWA stock hovering around the three buck mark then go in and buy it. That was the price, based on your research you thought optimal and now is the time to bet on the stock. Stick to the plan. But also be somewhat cautious -- if the stock is wildly going up and down over an extended period you might want walk away rather than blindly buy as the stock dashes past you buy-in price.
The best poker players know it is better to ditch a potential royal flush and win the next hand with a pair of jacks. That comes from knowledge. Savvy investors too know that they can walk away from a great find and a company they have admired for years knowing full well another potential winning company is just around the corner.
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