Your Portfolio and “Old Ironsides”



Get Learn Investing Secrets on mps-investing.com. Your Portfolio and “Old Ironsides” topic will increase your understanding on Learn Investing Secrets. We at mps-investing.com only provide news, articles, information in Learn Investing Secrets. Learn Investing Secrets at mps-investing.com provides the most up to date news and articles. If you have questions please do not hesitate to contact us.

Summary:
From there she became an icon of durability and success.

In battle, the ship became known as 'Old Ironsides' because the shots fired from enemy ships seemed to bounce off her hull. As with 'Old Ironsides,' she fought many a battle, but more than two hundred years later remains afloat and above water.

A second point to remember, just like the ship, your portfolio may require maintenance from time to time.

Positions may weaken and require your attention.


Article:

The USS Constitution first ventured into the waters in 1798. From there she became an icon of durability and success.

In battle, the ship became known as “Old Ironsides” the shots fired from enemy ships seemed to start aside off her hull. She may be best remembered for her service in the War of 1812.

Today, the loyal ship may be found resting quietly in the Boston Harbor. During the week of the Fourth of July, at the Boston Harborfest, “Old Ironsides” makes her pocketbook voyage down the harbor. This is termed the “Turn-Around” cruise.

As investors, we can learn a lot from this old ship and its history. The first is longevity.

It is easy to be influenced by the short-term direction of the market. A long-term perspective, if warranted, is best observed. Of course if you have a short-term goal, assertive investments such as individual stocks may not be the best alternative. However, if you have many years previous retirement, you should ignore the short-term volatility. As with “Old Ironsides,” she fought many a battle, but more than two hundred years later remains circumstantial and ascendant water.

A second point to remember, just like the ship, your portfolio may require maintenance from time to time.

Positions may weaken and require your attention. Other positions may grow to a point where profit taking is in order. As with the strong currents of the seas, the market will take its direction and you must familiarize to it. Finally, you should consider periodic reviews (i.e. monthly, quarterly, annually) vital to your portfolio. Even the USS Constitution has an semi-annual appointment, with America, where she makes her “Turn-Around” trip. This allows her to weather evenly while at dock during the year and to keep her on duteous commission. Onlookers, meanwhile, have the opportunity to view all sides of the ship. You, too, should be familiar with all areas of your portfolio.

This Fourth of July, when you reflect upon our independence, remember to schedule a visit with your savings.



Electronic Zed Card. - Online Modeling Portfolio.
The Options Learning Center. - Learn how to use stock options to increase profits and manage risk within your portfolio.


Article Index: | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27


More Articles:


1. Angels Investors and Their Networks By Peter Viliamu
Summary: Many entrepreneurs come across many disappointments when trying to seek funding for the initial development of their business idea and they give up.If your business is new, too risky or unproven to qualify for the usual methods of generating business funding, and if it is too small or with insufficient substance or potential to get the attention of venture capitalists, then you may need to look for an Angel for finance.Many businesses ha…

2. Overbought/Oversold By Al Thomas
Summary: Brokerage companies do not want you to sell.When any stock is going either up or down for any extended period of time it does seem logical that it can become overbought or oversold, but let's examine what that means to your ownership.The reason a stock started up is because the underlying profit projection is going to produce substantial profits that will make the stock more valuable. Article: Has your tie ever told you that a stock is …

3. Forex market offers opportunity and information By Jay Moncliff
Summary: The forex market is what is called an international exchange currency market, where currencies are exchanged on a daily basis. Today, forex trading can be done from home on a computer.The forex market itself is basically a worldwide connection of traders, who make investment moves based on the price of currencies, or their values relative to other currencies. Article: The forex market is what is named an international exchange currency…

4. Financial Planning (Only Necessary If You Are Still Breathing) By James Louis
Summary: Is that not a gift worth receiving?'The Wealthy Barber' will show you how to plan for your retirement, save for large purchases or future needs, invest, protect your family and avoid being victimized by financial blunders by exposing some financial products and services which you may not need, but are sure to be sold.Although the story is set in a Canadian town, the general methods and training provide a valuable education in personal fi…