Rio de Dinero

The discussion in this blog is about multiple streams of passive income in real estate, stocks, stock options, bonds, internet business, and any other investment or opportunity that will help me, and my readers reach the ultimate goal of being financially independent.
So you ask what is Rio de dinero? Rio is a river, dinero is money, with that in mind lets make rivers of money not just streams.

Sunday, December 4, 2011

Trading

So, I am looking into testing the waters of trading. Since it is such a volatile market, I figure this is the best time to cease the opportunity and get educated. I am taking classes at Online Trading Academy. Yesterday was overwhelming, it felt like a fire hyrdant blast of water trying to be contained in a soup bowl. Bottom line, or the take away from yesterday for me was technical analysis. The chart does not lie. I am looking forward to learning more, and applying this information. It really caught my interest when I heard a presenter say in a meetup, "A trader I know doesn't fly, he has his own private helicopter as a means of transport." There aren't any doctors, lawyers, or other business professionals that I know of who do this. As a matter of fact, Warren Buffett, and George Soros come to mind. The markets, and knowing what to do, and execute a profitable trade are what have made, and continue to make millionaires in any economy. So, on to the world of trading. I can't wait. Show me the money!