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Browsing posts in: Life Experiences

Stocks to Avoid When You’re Starting to Trade


If you’re thinking of getting started with a day trading strategy for the first time, then you need to know how to manage your risk. While you can’t let fear hold you back in the stock market, it’s also important to have a strategy for how you’re going to keep your potential losses as low as possible. One way to do that is to use a screening service like the Finviz Screener to narrow down your potential options. With a screener, you can filter through all of the available stocks on the marketplace and find the ones that suit you best according to things like trade volume, or price per share. Another way to reduce your risk of investing in a dangerous stock is to stay away from properties that are known for being less than reliable. Here are a few options that first-timers should avoid.

Penny Stocks

While it is possible to make money in trading penny stocks, more often than not, you’ll be better off avoiding them when you’re just getting started. Penny stocks are generally cheap because the business that they’re representing isn’t established in the market yet. This means that you won’t be able to find a lot of information online to tell you whether or not your investment is a good idea. Additionally, it can be tempting to purchase penny stocks on dark trading platforms which aren’t regulated by the FDA. If you don’t choose the right penny stock, you could end up being the victim of a scam.

High-Risk Stocks

When a large or established company puts its stock on the market, those shares are referred to as Blue Chip stocks, because they’re reliable and low-risk. However, newer and more volatile companies have far riskier stocks, which is why they’re often available at a lower price. There are many different types of high-risk stocks. Some stocks are risky because the business is new to the marketplace, others are risky because the company in question is in a dangerous position during the trading period. For instance, if a company is under investigation for poor financial practices, then you don’t want to get involved with their stocks.

Controversial Stocks

Finally, stay away from stocks offered by businesses who seem to constantly be in the news for all of the wrong reasons. The last thing you want to do is get involved with a business that is making its current and future investors nervous by engaging in risky behavior. You’re far better off starting your investment portfolio with a selection of well-respected and reliable companies – even if you’re concerned that you might not earn money as quickly this way. While sometimes you do have to take a risk to win big in the stock market, you also need to make sure that you’re not doing anything that could harm your future investment opportunities. Wait until you truly understand the marketplace before you consider investing in any of the majorly risky stock spaces and consider using a broker if you need extra guidance.

EMT, Firefighter – What will He Do Next?


The week before Thanksgiving, Sea Cadet went out in the pouring rain to visit the local fire station. He came back that night excited about the possibility of becoming a volunteer fire fighter.

One week later, he was unanimously voted onto the force and when we returned from Texas, he was fitted for his uniform, given his pager and made official. He’s already been out on several calls this week, one of them at 3am!

firefighter Sea Cadet
There are some days I look at this child and pinch myself. I mean, I can’t take much of the credit for the amazing man he is turning into, but in some small ways I have contributed. And every day he just gets better.

A Short Version of Sea Cadet’s Background

If you have followed me for a while, this will be repeat information, but if not, I wanted to give you a brief history of where Sea Cadet came from.

Sea Cadet (and his identical twin brother, History Buff) were placed with me as foster kids when they were 12 years old. Sea Cadet, in particular, faced several challenges. He suffered from multiple delays and when he arrived at my home with his stuff in black trash bags was performing academically at a 3rd/4th grade level.

He was in speech to help people understand him better, had a dedicated education aid in all his classes with him, couldn’t write and so on. You get the point. In fact, at the first IEP meeting I attended for him, their goal for him was to be able to ride the public buses by himself.

At the end of his eighth grade year, social services gave me special permission to pull him out and homeschool him because there was a real fear that if he went to high school environment at the level he was at, we would lose him to some very negative influences.

And Now Today

He is just 9 months from completing his Advanced EMT certification, he is working part time (and waking himself up to get there on time consistently,) he has a car that he pays for and maintains, he pays his own insurance and cell phone bills and he has saved a nest egg emergency fund for his car maintenance and in anticipation of moving out next fall. And now, he is a volunteer firefighter!

And this is the kid that they set his highest goal as “riding the public bus by himself.” He is just a living example that with patience, the right path and continued flexibility to accommodate someone’s needs…things are not always what they seem.

I am one proud mama. This kid will graduate with no student loan debt. He’s currently acing all his tests. And he continues to take on more on his own initiative. There are just some days that I am overwhelmed with how blessed I have been to have the most amazing kids. And they continue to make me want to do better, make me want to do more, be more for them!