Sunday, September 18, 2011

Floyd Mayweather vs. Victor Ortiz

Last night's Floyd Mayweather versus Victor Ortiz boxing match reminded me of how once you let your guard down, someone can come and take away all of your money. Depending on the decisions of others, at any moment you can have your clock cleaned and be on the floor not being able to get back up. The stock market is no where near as violent as boxing, but you must never let your guard down and analyze your investments on a day to day basis. Do not invest in more than 10 to 20 individual diversified stocks within a Roth IRA, to save money at tax time. Having as little as 10 to 20 stocks will allow you to be able to dive deep into each company's financials and determine whether you should continue to hold your position. The stock market does not care whether you are a good guy (Ortiz) or bad guy (Mayweather), you just need to be a smart guy! Be consistant and know that each day that passes you are one step closer to financial freedom! Have a great Sunday.

Click here for a great article about the fight last night.

FYI - This is my favorite boxing match of all time. George Foreman vs. Michael Moorer. Enjoy the memories.

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