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What’s the best way to learn how to trade stocks?

It’s actually quite simple:

Pick one specific trading strategy, and focus all of your time and attention on it.

Until you have mastered it.

Too often, new traders jump from one strategy to another.

They never stay in one place long enough to learn from their mistakes.

Or to learn from their winning trades.

The trading strategy that you are about to learn is simple, and yet extremely powerful.

It’s a great strategy for anyone who is just g…

There are many stock trading strategies that work for a while, and then stop working.

Momentum is not one of them.

Momentum was first documented as a stock market anomaly in the early 1990’s.

And it’s still working.

Once you learn how to trade momentum stocks, you will have a tool in your trader toolbox that you can use for the rest of your life.

So what exactly is a "momentum stock"?

It is any stock that keeps moving in a certain direction (whether up or down) for an extended period of ti…

Dividend stocks are “little cash machines.”

Buy one, and stick it in the corner of your living room.

Every three months, it will burp out a nice slug of cash.

If you save this cash, you will soon be able to buy a few more little cash machines.

Pretty soon, they will be all over your house, spraying cash all over your carpet.

And they will keep doing this-- whether or not you get out of bed in the morning.

That's the beauty of dividend investing.

It's simple.

It's powerful.

And it's one …

You are the average of the five people that you spend the most time with. 

If you spend most of your time with criminals or lazy people, odds are that your life looks very much like theirs. 

If you spend most of your time associating with millionaires, you too will most likely become a millionaire. 

There's nothing magical about this. 

It's simply a product of the law of averages and human susceptibility to influence. 

And yet not everyone is lucky enough to be able to rub shoulders with mi…

Tell us a little bit about your early life.

I was born in 1960 in the Bay Area, where I've lived ever since.  My father was a plumber, and I decided to follow him into the trade.  I've always been good with my hands, and not afraid of a little dirt.  It's not glamorous work, but I enjoy the freedom of being my own boss. 

Did you go to college?

I did not.  I went straight into plumbing after high school.

Do you focus on residential or commercial plumbing?

I only do residential plumbing.  I'm…

If you spend enough time in the markets, there is a 100% chance that you will experience a bear market in your lifetime.

And probably multiple bear markets.

If you’ve already lived through one, you know how difficult they can be.

If you’ve never experienced a bear market, there is a good chance that you are not prepared for one.

Warren Buffett is famous for saying:

Only when the tide goes out do you discover who’s been swimming naked.

A bull market lifts all boats.

If you make trading…

 In this video, I discuss the breakdown in FAANG leadership, and what stocks are actually holding up well in this difficult market environment.