As an avid investor of the stock market utilizing over 750,000 dollars in many forms since 1999, my education and learning experiences are hopefully useful for you and others.
- Get a Mentor, preferably one who is complimentary to your own expertise!
Having a Mentor is the top reccomendation that I have for any investor regardless of experience. Learning from someone else both positively and negatively is an incredible shared journey in investing. Simple facts such as a 35% plus percentage of the mortgages being unsustainable in 2007 prior to the recession was brought up during my Mentor and I's daily coffee discussion. The premise was simple: too many people in the USA at least were using undocumented means and processes for approval of obtaining a home. At the time I was a credit counselor and first time home ownership counselor in Wichita, Kansas. I not only saw the banks and process accept no-documented income to increase their ability to obtain a bank loan approval, but also was in charge of issuing Certificates of Home Ownership towards the average person who completed their education with my office. 1,200 first time home owners were achieved...and we had a success rate of 99% of those we helped avoid foreclosure and/or losing their homes tracked under the Urban Development Housing Agency (HUD) and Neighborworks, which is actually one of the listed agencies on Donald Trump's Administration pending Congressional approval on the chopping block in June 2017.
Results: No one can tell the future, but my Mentors expertise as a national financial Vice-President complimented mine as a Credit Counselor! We shorted the real estate market and leveraged our shared pool of knowledge by getting the hell out of the stock market before it collapsed.
- Politics: Doing some research and knowing what the President is or has been involved with in his/her own investments is critical to investing.
The reason is quite simple- either behind the scenes or directly the President and or Administration would never influence anything that counters their own investments or philosophies. Examples are numerous, including President Bush, Jr's actions of supporting policy decisions in several agencies that increased the profits of the financial institutions by increasing both volume and amplification of the derivatives markets globally. The film 97 Homes did an excellent job of digging through the mass media propaganda and showed the facts leading to the multiple home crisis outcomes from 2008 to 2013 in particular. Today, the majority of Donald Trump's own investments are public knowledge with a few targeted Google searches. My Mentor and I have researched and put our money where our research is in this respect: investing in every possible stock and even those related to Donald Trump and Administration's investments or political philosophies!
Example: http://www.cnbc.com/2016/12/05/trump-sells-his-stake-in-dakota-access-pipeline-developer.html
Skylar Joyner
@CreditRepair
www.Facebook.com/SkylarJoyner
Disclaimer: I am not a financial advisor and am not qualified to do so. Vote, follow and leave your comments behind. I will try to respond to all the comments within 72 hours. Thank You In Advance!