by Michael Harvey | Oct 16, 2023
You are provided a career choice: become a gambler or a brain surgeon. As a gambler, you play games of chance ranging from slot machines to sports betting to lotteries. As a brain surgeon, you perform procedures like craniotomies and neuro endoscopies. The average...
by Michael Harvey | Oct 16, 2023
“Are you out of your mind? Do you think I’m insane?” Some people react like this when I suggest they invest in the stock market. “It’s so risky!” Actually, if you invest in the stock market properly – and there are multiple valid approaches – with the correct...
by Michael Harvey | Oct 16, 2023
Here is a fictional — but realistic — dialogue between a hypothetical successful money manager (a financial professional who invest client’s money for a fee) and a potential customer. We’ll call this potential customer “you”. Money Manager to You It’s a...
by Michael Harvey | Oct 16, 2023
If you plan to achieve financial freedom by betting when the stock markets will go up or down, then good luck. It’s very hard, and if this is your approach – moving in and out of the stock markets — my guess is that it won’t work well for you. Consider the story of...
by Michael Harvey | Oct 16, 2023
I love extremes! The stock and other financial markets, or parts of them, are prone to exhibiting “extreme” behavior. Extremes are frequently depicted as record-breakers: things like record high oil prices, record low interest rates or record stock price moves up or...
