Social Picks - Collaborative Investment Research

SocialPicks.com is a new website that has surfaced on the internet that aims to provide a platform for sharing ideas about investing in the financial markets.

It has features that enable users to:

1. Share investment ideas from friends, and see who else follow their advice.

2. Recommend stocks, and let your track records speak for themselves.

3. Collaborate on market research, and keep updated with relevant market info.

4. Track performance of analysts and get the picture of how well professional experts really perform!

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Cavalcade Of Risk - July 5th Edition

Welcome to the July 5th edition of the Cavalcade Of Risk - offering insights into the world of risk management.

I trust that everyone had a great July 4th celebration - Just spare a thought for us guys in the southern hemisphere who are experiencing a rather chilly winter in New Zealand!

Ok, let’s get started:

Ebony Hall, I saved your financial life today - Wenchypoo chastises Ebony Hall about how he/she should be more careful about protecting their identity and not leaving important documents lying around. An important lesson to us all.

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Financial Links

Here are a few links to articles around the web that I have enjoyed over the last few weeks.

Are You Buying Silver Yet?
Jon at Art of Money asks, Are you buying silver yet? He provides some valuable reasons for why he is interested in expanding his investment portfolio into this valuable commodity and several different ways on how you can increase your wealth by doing so.

The History Of Silver
If Jon has whetted your appetite for buying some silver, then you might want to head over to Jon’s friends website to find out a little about The History of Silver. Here you can find some compelling reasons as to how useful and in demand this useful metal is.

Financial Freedom - The Reality
John Chow gives us an insight into what it means to be financially free. If you take a closer look at what John does for a living, then you will soon see that this information is more than likely to be coming straight from the horses mouth. He gives us his definition of Financial Freedom and goes on to explain how achieving it is not that difficult and some simple steps that you need to take to get there.

[tags]finance, silver, financial+freedom[/tags]

Forex Trader Knowledge

We are pleased to announce that we have created a new website to cover all our Forex topics.

The website is called Forex Trader Knowledge (http://www.forex.traderknowledge.com).

We look forward to seeing this site grow into something really useful over the coming months for anyone who is interested in the Forex Market.

Check out our first article - Forex Capital Market.

If you have the chance, we’d be keen to get some feedback.

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The Dividend Guy

The Dividend Guy is a blog run by The Dividend Guy - who incidentally, is also The Running Guy and The Internet Cashflow Guy.

It is a chronicle of his journey to passive income through dividend investing. His goal is to build a $300,000 investment portfolio by the time he is 40 - he is currently 31.

If Dividend Investing is your thing, you may want to check out The Dividend Guy as he says he will publish his progress on a regular basis.

His latest post explains how he goes about starting to build a Dividend Portfolio.

Being Right and Making Money Are Not Equivalent

By Van K. Tharp

How important is it for you to be right? Let’s say I could guarantee that you would make money by the end of the year—lots of money—but you would probably lose money on 90% of your trades.
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Investor Personality Profile

It doesn’t matter what we do in life, we all exceed when we do something that suits our personality.

Investing is no different! The simplest way to become a better investor — and make more money — is to discover and focus on the investment style that suits your personality.

There is a neat questionnaire which can help you identify what type of investor you are called an Investment Personality Profile. It takes your answers and qualifies you as a Trader, Actuary or Analyst.

It’s FREE – check it out if you get a moment.

Visit Share Market Institute to complete the questionaire.

ADVFN

ADVFN is the one of the worlds largest stocks and shares websites. Offering the private investor FREE streaming prices from NASDAQ, NYSE, Dow Jones and many more indices from around the world.

A great thing about ADVFN is that you can check your investments real-time with ADVFN’s FREE stock charts .

You will also be able to access our comprehensive range of free charting, research, news, message boards and stock screening tools.

This FREE service includes:

  • Quotes
  • Comprehensive Java & HTML Charting tools
  • Streaming Stock watch lists (monitor)
  • Free bulletin boards
  • Portfolio
  • Stock screening tools (toplists)
  • Trades
  • Company Financial data
  • News
  • Alerts
  • World market profiles

Trader Mike’s September Watchlist

Trader Mike has posted his watchlist for September 26 today.

He takes a look at the chart for the Nasdaq Composite (^IXIC), some potential swing trades, some potential day trades, and follows it all up with some intraday updates.

It’s worth keeping an eye on what Trader Mike. Sometimes he post several times a day to his blog and often posts a watchlist on a daily basis.

Be sure to also read his disclaimer on how he uses his watchlists while you are there.

DarvasTrade.com

If you are a fan of Nicolas Darvas, the dancer who made $2,000,000 by trading stocks back in the 1960’s, then you should check out www.darvastrade.com.

A recent page there has taken a look at the NASDAQ Stock Exchange to see what stocks are behaving so that Nicolas Darvas might have shown some interest in them. There are quite a few so they have been split by alphabetical order into the A to L and M to Y stocks.

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