Wednesday, July 28, 2010

Friday, July 23, 2010

Coming Soon!

The Idoit's Guide Investment Challenge


This Contest has no rules, except for everyone to pursue the coveted first place finish. All are welcome to join, so spread the word to your friends, family, fellow investors & traders, group members, schoolmates, and communities abound.

To the winner goes the spoils; in this case, the winner will receive a $25 Wal-Mart Gift Card. (Contestants living outside the United States may be excluded due to potential delivery problems or the lack of a Wal-Mart store location nearby)

So, let’s Rock and Roll! Good luck to all.

Critical Stock Criteria:

This is a quick & dirty list of the most important things to look for when researching companies or stocks to invest. Keep in mind that this is not a complete list nor does the company or stock have to pass every single point. Although, we would recommend that the majority of points be reached; however, each case, must be weighed individually.

• Possess an Economic Mote

• Consistent EPS for past ten years (if applicable)

• Free Cash Flow

• Low Debt Ratio

• Brand Power

• Compare stock & company to the competition

• A Discounted share price/Margin of Safety

• Revenues

• Return on Equity

• Consistent Dividends (Recommended for a long term play, not necessary for short plays)

 General Practices:

• Always use a Stop-loss for short plays

• Minimize all expenses, fees, commissions, and taxes

• Read stock reports & news daily

• Do not use margin or acquire debt

• Be wary of trends

Remember K.I.S.S. Keep It Simple Stupid. All of these hair-brained ideas, systems or theories of technical analysis/charting are a total waste of time. Simply, pick great companies at a discounted share price. Presto; you win.

Friday, July 9, 2010

Recommended Summer Reading

"The Law of Success," by Napoleon Hill.

A good price on Amazon.com