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Trading

Trade Journal August 2017

We finally caught the drop on the eur/usd that I had been missing in June and July.  We banked 117 pips on part of the order.  This was a good trade and helped make up for mistakes made in the prior months.  This was done at the start of the month.  No action has been taken sense.  I have been…

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Housing

Saving on Housing Costs by Renting Rather Than Buying

Traditional advice has always been to buy a home to “lock in” your housing costs.  Over the past 30 years inflation has increased rents considerably, and those that took out a mortgage did well as inflation eroded the cost of the money they borrowed.  We have discussed how alternatively you can choose to invest in diversified investments and rent a…

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Trading

Trade Journal July 2017

All Trades EUR/USD unless listed otherwise Tried shorting at the top, but lost. I’m still amazed that in June I saw a trade that I thought about going long on.  I didn’t take it thinking it would probably lose.  The trade would have been brilliant and I would still be in it as of writing.  Instead over the course of…

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Housing

Is Now a Good Time to Buy a House?

I have spent more time than I wish to admit thinking about how to determine if it is a good time to buy a house or not.  The economic ramifications for the rest of your life are quit large when buying a home.  Being able to buy at the bottom can be very beneficial, whereas the top can be costly. …

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Housing

Home Purchase Considerations – Renting to Buy Cash

Whether you want to buy or rent you need to determine how much of your money you want to spend on housing.  In most cases it can’t be $0 and obviously cannot be unlimited either. Where you live will determine the low end of what you can spend.  If the absolute minimal living conditions that you can tolerate rents for…

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Trading

Trade Log June 2017

This will mark as the start to my trading log reporting.  I will do this in monthly posts.  This is a short report as the first trade was taken in the last week of June. First Trade ends in loss  6/26/17 I attempted shorting the Eur/USD at 1.1193 aiming for a TP of 70 and SL of 20.  On entry…

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Lifestyle

Why We Have It Better Than a King

It is easy to get down about ourself or our lives, when we are constantly bombarded by the media and adverting.  Successful advertising preys on us to intentionally make us feel that we are missing out if we do not buy the products they are selling.  The media continues to grow to levels that never could have been imagined 30…

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Housing

Why You Should Buy The Worst Car and House

There are some things to consider in buying a car and a house.  For a car reliability and safety features are important considerations.  When buying a home being in the right location and near good schools usually is worth paying up for.  After the basics are met many people tend to spend extra for upgrades in each.  Just remember that…

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Lifestyle

Work: Doing Something You Don’t Want to Do

If we think about work in terms of its relation to a job for employment we could define it as “Doing something you don’t want to do.”  There are two reasons for this. Someone is paying you to do the work so that they do not have to do it If someone wanted to do the work for pleasure then…

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