We say it all the time at Mullooly Asset Management, trading and investing are two VERY different things. Day trading your way to a successful, long-term retirement is very difficult. In this week’s episode of the Mullooly Asset Show, I outline the difficulties of day trading.
Here’s what I’ve been reading this morning:
- It feels like any number of things could factor into a move in stock price, but Ben boils it down to just two things. One has been steadier and easier to predict, while the other is essentially impossible to predict.
- 2020 has encompassed a little bit of everything. Michael compares this year with event like the election of 1896, the pandemic of 1918, market speculation of 1999 and more!
- After celebrating a birthday over the weekend (Happy belated birthday, Tony!), Tony shared a handful of things he’s learned throughout his life. Many of the lessons are financial, but not all of them.
- There have been a lot of people trying to declare that “New York City is dead”. Despite it looking a little different due to the pandemic, Doug writes about why, to him, NYC will always be invicible.