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Best friends Joel and Matt are the co-hosts of How to Money which is all about providing the knowledge & tools that normal folks need to thrive in areas like debt payoff, DIY investing, and crucial money tricks that will provide continuous help along your journey. We believe that access to unbiased and jargon-free personal finance guidance is more necessary than ever before. When you handle your money in a purposeful, thoughtful way that works for your lifestyle, you can really start living ...
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MT11 | Buy High, Sell Higher
MoneyTok: Practical Advice and Tips on Money, Investing, Wealth Creation and Financial Independence
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There are two investing maxims that you would have heard often: "Cash is king" and "buy low sell high". But thanks to an extraordinary amount of economic stimulus/ money printing, there is a very real possibility of inflation shooting up and seriously reducing the value of your cash holdings. As a result, proactive investors are desperate to put their money into any kind of appreciating asset, including those kinds of alternate or fringe asset classes without fixed standards of value like crypto, NFTs, startups etc.
In these markets, the old maxims might not work as well as they used to. The rules of today are different. "Cash is trash' and 'buy high, sell higher". So what should we regular folk do?
Click here for show notes and free resources: a PDF of 11 Trading Mantras + a simple template for a Trading Journal that professionals use to stay on top of their own trades.
30 episodes
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