By Domingo Ramos My life has been one of constant observation. I’m fascinated by how we are sold the idea that everyone can make it if they are smart enough and they try hard enough. But the reality is that our environment is a critical factor in determining our fate. This is not to…
The first time I ever invested it was on a penny stock. (A penny stock, for those that don’t know, is a stock that sells for under $1 per share. Usually, a lot of bad things have to happen for a company to get to that point.) I had no real experience investing, but a…
Investing is something that most of us know we should do, but we often find reasons to put it off. Here are the top 5 reasons we’ve heard for people not getting involved in investing and ways to address them so that you can take the next step in financial empowerment. 1. Not Enough…
Regret is an annoying feeling. It lingers. But perhaps the most fascinating part of regret is that we tend to imagine that the thing we didn’t do…or the choice we didn’t make…or the risk we didn’t take would have put us in a better position than we are in now. I’m here to tell you…
There are several ways to invest for the future. But the right way for you usually comes down to 3 things: Your Goal – Determine what you are trying to achieve and how much money it will cost Your Risk Tolerance – What level of potential loss you can or are willing to endure Your…
I’ve had many conversations that have started the same way—“Domingo, I have never invested in the stock market before. Is now a good time to get in?” My response is always the same: The best time was yesterday and the second best time is today. Consider the following table, which shows what happens…