V. H. Eberle
Bio
I have been a student of human nature since I can remember. I hope that you feel free to explore my findings in these short stories and articles. Perhaps you will learn far more about yourself and others.
Stories (39/0)
Creating Your Own Mutual Fund
In the previous lesson we focused on credit cards. We looked at how they work and differ from other more conventional loans such as a car loan. We talked about how they can easily get out of hand and mire you down in debt. More importantly we talked about how to use the mechanics of a credit card to gain control of your credit card debt. But you may ask yourself; why even bother dealing with a potential problem such as a credit card? Credit cards like all other types of debt when used and controlled properly can be of a great assistance in your finances. In this lesson we will go over ways debt can be your friend when used wisely.
By V. H. Eberle4 years ago in Trader
Creating Your Own Mutual Fund
Now that you have mastered the art of investing I think I should go over what I do each month. Hopefully, this will help you to get a far better understanding and help you in creating and running your own mutual fund. As we go through this month I will be giving you some other pointers which should help you to make decisions.
By V. H. Eberle4 years ago in Trader
Creating Your Own Mutual Fund
Credit cards are often viewed as a sucker’s bet. Most do not see them as an opportunity except as an opportunity to get into a life sucking debt cycle. Look at how many people around you are maxed out on their credit limits. Look at how they struggle to just make the payments. Each month they work hard to get their balances paid down only to have to run them up again to cover needs and wants which arise. I am sure how you have heard the horror stories of if you pay only the minimum balance on a credit card which is maxed out to $5,000 you could be paying for several decades to pay it off. It really does seem like an endless financial nightmare and it can be. However, there is another way to deal with credit cards as well as other debt instruments. There is a secret to credit cards and it is in understanding how they work.
By V. H. Eberle4 years ago in Trader
Creating Your Own Mutual Fund
Now that we have covered the main points of why you should learn to create your own mutual fund, the importance of investing responsibly to stave off panic, how panic kills, how a mutual fund works, what various investments are, how to buy stock, and when to sell let’s head in a different direction. For this lesson let’s take all we have gone over and focus on putting it all together.
By V. H. Eberle4 years ago in Trader
Creating Your Own Mutual Fund
So far we have discussed why it is good for you to create your own mutual, investing responsibly to avoid panic, creating a budget, various investments, how to create a mutual fund, and in the last lesson we talked about a strategy on how to buy stock. So, it naturally goes that we should talk about the just as equally important when to sell the stock you have acquired. After all this is when you actually realize the fruits of your labor.
By V. H. Eberle4 years ago in Trader
Creating Your Own Mutual Fund
Here we find our investor. He has a $5,000 windfall from an inheritance. He wants to take advantage of the stock market. He has done his research on a stock he has been watching. He looked up its Price to Earning Ratio, its Beta (the stock’s reaction to market behavior,) recent Open and Closing prices; He has been tracking its highs and lows. He has been reading up on the company in various business journals. He is very familiar with the company and even knows its Book Value and various debt and other business ratios in comparison to similar companies or industrial averages. Following his best instincts he believes the lowest price will be at about $10. It hits that and he places his order and the purchase goes through at $10.05 a share. He skips off into the sunset thinking he did great only to see the price slip to $9.50 a share. Then the next day it goes down even further. After a few more nerve wracking days the price rebounds and starts to climb again and our investor is back on the plus side. However, stuck in his mind is the idea that he could have purchased the shares for an even lower price and have made even more money.
By V. H. Eberle4 years ago in Trader
Creating Your Own Mutual Fund
Okay, so far we have learn that panic kills in the market and the key to not panicking is to invest responsibly. A major portion of investing responsibly is creating and developing a budget to help you manage and gain confidence in your finances. Another major part of not panicking, clouding your judgment, and making costly mistakes while investing is learning all you can about the various investments and markets. Let’s take a look at Bonds, Stocks, Commodities, and Mutual Funds. I will warn that this is not meant to be an exhausted comprehensive look at these investments. To do that you would require a small library to learn everything there is about each. There are various types of Bonds, Stocks, and Mutual Funds, as well as what is considered a Commodity. Instead this is to give you a basic understanding and general familiarization.
By V. H. Eberle4 years ago in Trader
Creating Your Own Mutual Fund
In the previous lessons we have learned that Panic Kills. We have learned that the best way not to Panic is to have a good control of your money and knowledge of your financial needs. We learned how important and helpful creating a budget can be. We also have gone over several types of investments. We learned about the benefits of diversification and why a mutual fund is great. Now let’s set up our own mutual fund.
By V. H. Eberle4 years ago in Trader
Creating Your Own Mutual Fund
Just a couple of minutes ago I had just finished paying my bills for the month. I was able to do this because I had set up a plan some time back. We were able to create this plan through months of keeping track of our income and our expenses. With this plan we are able to predict what the following month’s income will be and the respective expenses. This is what a Budget is. It is a plan developed to make the most out of your money and to know where it is going.
By V. H. Eberle4 years ago in Trader
Creating Your Own Mutual Fund
Let’s start out looking at what I call the typical investor. Like most, he or she has a very limited understanding of the market not to mention of economics in general. Perhaps he or she is a little apprehensive about investing. He or she hears about a stock tip. Possibly they are talking with a friend and the friend mentions how they had bought some stock in Company B. His or her friend mentions how it went up twenty dollars a share in three months. Our investor decides he or she needs to get in on the action and sinks their savings into the stock.
By V. H. Eberle4 years ago in Trader
Creating Your Own Mutual Fund
Today is the day. Just over one year ago you had received a $500 bonus. There had been something you had your eye on which cost exactly $500. However, instead of spending the bonus you listened to your friends and family and deposited the money into an interest bearing savings account. After all, they made some really good points such as making your money work for you, developing a relationship with a bank, a year wait would also give you the opportunity to decide if you truly wanted the item, develop some personal discipline, and most of all you would earn the interest so if you still wanted the item you would have something left of your bonus.
By V. H. Eberle4 years ago in Trader
Nuts & Bolts of Americanism
Devlin Bronte Rachele Bedford, Pennsylvania Monday, October 19, 2020 Dear Evan, So, what is Americanism? How does it work? What are its roots? These are very good questions. I think a great way to start to gain a good grasp of it would be in an example.
By V. H. Eberle4 years ago in The Swamp