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Hi Guys,
Today I am happy to share with you an excellent article by Gary Belsky. Gary has always been an excellent source for his opinion on the psychology of investing. In the article, Gary shares his experience in making mistakes with stock investing, his perspective on stock markets, and what he has learned from his experiences.
You can read the full article here.
Here are my top three takeaways from the article
Don’t be a stock market calculator.“People often get in the mindset that if their calculations indicate a stock is a bargain, they will buy it without a second thought. As a result, they feel compelled to purchase shares at or near their lowest price rather than waiting for a market decline. While it is possible to make good investing decisions in the market, many investors make it too easy for themselves by trying to be a stock market calculator.”
“Many people make the mistake of pricing an entire portfolio by the average of the components. They believe that because a stock price is average, the portfolio should also be average. The reality is that stock prices are almost never average. If they were average, stock prices would be the same across industries and companies. They are not.”
“A portfolio’s performance can be inconsistent and vary from month to month and even year to year. As a result, an investor should be prepared to accept the consequences of losses when prices are high, as well as the consequences of potential gains when prices are low.”
Gary Belsky Twitter
If you are interested in having a chat with Gary about your portfolio, you can tweet him @garybelsky on Twitter, or you can connect with him through the HN Gold Prospector Facebook Group.Q:
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I'm trying to learn to develop a simple XML processing web service in PHP. I've a really basic experience in HTML/Javascript/Jquery/NodeJS/C# but no previous experience in any other programming languages.
I understand that a xml document must be created by creating a class and assigning the data. However, I cannot find the proper way to create an xml document, or even how to create an xml document in PHP.
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