Hobofinance.com

There are two ways of assessing a market’s future direction, both of which are necessary to trade well. The first method is fundamental analysis. The second is technical analysis.  Fundamental analysis looks at real world supply and demand figures for a certain commodity, as well as macro trends in production and consumption. For long term [...]

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What are commodities futures?
It is easy to find a literal definition of commodities futures anywhere on the web. Wikipedia or any online dictionary will provide a great description, but if you’re like me you’ll need a more tangible example of the principle of a futures contract. A futures contract is merely an agreement between a [...]

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Charles Ponzi, that most venerable of schemers, has shown us the way to generate investment capital without work. Ponzi, in the 1920’s went from rags to riches in a staggering 7 months by luring investors to invest in foreign postal coupons with a guaranteed return of 100% in 90 days. Naturally, these coupons did not [...]

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Below is the path to financial independence used by the rich, adapted here for the penniless hobo. The main difference in approach of these two classes lies in stages two and three detailed below. Generally speaking the rich need not minimize, they can comfortably sustain their lifestyles without the immediate concerns of food, shelter or [...]

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(In no particular order)
1. One Up On Wall Street : How To Use What You Already Know To Make Money In The Market
Peter Lynch is an investing legend, and this book is an excellent introduction into the world of stock investing. He clearly illustrates with humor and straight talk the ways in which individual investors [...]

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