by Rick Pendergraft | Jan 16, 2009 | Articles, Investing, Wealth
Thank goodness it is 2009! The fourth quarter of 2008 was crazy for the market. The wild swings and incredible volatility were maddening. Most investors don’t want to be reminded of how bad it was, but it was apparent in their monthly statements. The good news is that...
by Rick Pendergraft | Dec 26, 2008 | Articles, Family, Lifestyle, Self-Improvement, Spirituality
To me, the holidays are all about the kids. At some point, we all reach the age when our parents have to get us up to open presents rather than the other way around. And once you reach this age, the holidays are a lot more fun when there are little kids around. One of...
by Rick Pendergraft | Dec 4, 2008 | Articles, Investing, Wealth
“Tom” said something that reinforced my belief that a bottom to this bear market is near. And it was music to a contrarian’s ear. What he said was: “The tone of our phone calls has completely changed. The emotion in the calls we get isn’t greed anymore, it is fear.”...
by Rick Pendergraft | Dec 3, 2008 | Articles, Entrepreneur, Internet Business, Investing, Wealth
Over the last six months or so, trading volume has been much higher than historical averages. Investors are uneasy, and they are moving their money around – in and out of sectors and/or changing asset allocations. There is one group of companies that benefits...
by Rick Pendergraft | Nov 22, 2008 | Articles, Wealth
In golf, when you are putting in the wind, you have to widen your stance. In volatile markets, this rule can be adapted to apply to trading as well. It may seem like strange advice, but in times of extreme volatility, you need to widen your stop-loss points. Most...