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Episode 163: Although I’m an “active” trader, I traded very little in 2015 because I was concerned about the bottom falling out of the stock market. This was of special concern because the S&P500 had not broken below its 50 day moving average since 2011 but the top appeared to be flattening.
In this episode I reflect on the trades I made in 2015 and emphasize the point that being an active trader doesn’t mean that you should irresponsibly trade or speculate in uncertain markets.
KEY POINT: Making the decision NOT TO TRADE is a trade.
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Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles.
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Copyright © 2016 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.