Episodes
Wednesday Apr 17, 2019
Trading Time For Financial Success
Wednesday Apr 17, 2019
Wednesday Apr 17, 2019
Toby Mathis of Anderson Business Advisors welcomes Raghee Horner, who started investing at an early age thanks to her mother. When Raghee’s father passed away, her mother realized that the stock market was a way to be financially stable. So, Raghee’s mother became a market timer and active investor. Raghee followed in her footsteps. She is now a trader, investor, author, and mentor.
Highlights/Topics:
- How to be a Good Investor: Read, look, and buy more for a better deal
- Why Raghee loves markets and Jack Bogle; “Being an investor and keeping an eye in the market keeps you young.”
- Surrounded by Screens: Multiple monitors increase productivity for traders/investors
- Timeframe (short or elongated) dictates type of market participant
- Trump’s Tweets: Do you play them? No way to time tweets, hide under the desk a minute
- Move toward momentum based on scheduled events, earnings, and economic data
- Trader vs. Investor: What’s the difference? Ownership or buying and selling
- What would Raghee tell her younger self about investing and trading? Keep it simple
- Importance of understanding macroeconomic rate of change of money supply, monetary policy, growth, and inflation
- Fear of Forex Market: Forex is trading money for money, not about understanding stocks to invest in them
- Awful Data: Breaking down a rated change when looking at wage inflation colliding with lower revenue is a perfect storm for disaster
- How do you hedge? Pay the piper; convince companies to reinvest, not in buybacks
- Financial market is like a playground; specializing in a market or symbol forces trades and investments
- Patience, Cool Down to Contracting: Risk of interest rates being pulled back or hiked up
- Raghee recommends protection via long gold, silver, real estate, and REITs
Resources
Raghee Horner on SimpleTrading
Version: 20241125