Oct 17, 2011

GAP #3 - Breakout

After all these defensive GAP measures that focus on cost savings, it's time for some revenue generating ideas.

One idea that I really fancy is equities.

We all know that the stock market is going mad like a woman having PMS, but the volatility is what makes is all so interesting.

It's a bit of gamble, a bit of speculation, but you really need to know some fundamentals and insights to play the game.

As much as people think that analysts are anal-ysts, I still find them the best people to learn from. It's not that they're right all the time, but you have to make your own analysis on their analysis to make sure you don't fall the wrong side of the market.

Being the all lazy person I am, reading the Financial Times and Business Times can be such a chore. And I'm not even going into financial books and all the technical know-hows about stocks.

But one great website I've come across after losing much money to the market over the past 3 years is Yahoo!'s Breakout. (Note: I've stopped losing money during this self-learning period.)

Photo Source: Yahoo! Breakout

It's pretty enjoyable hearing the bald Jeff Macke and his plumper counterpart Matt Nesto talking about equities and bonds. They throw in a fair bit of humour and sarcasm to make the usually 4-5 minutes clip entertaining, if not useful.

So if you're looking to improve the revenue side of your finances, it's probably advisable to just have a listen and start learning.

Do check out Breakout at http://finance.yahoo.com/blogs/breakout/

P.S. Not earning any commission from recommending the bald dude.

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