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- The same but new
The same but new
It was 232 years ago today that the New York Stock Exchange was created. Stocks have been trading here in American for 232 years, wow. There were only 5 stocks back then to trade, drastic difference from the over 11,000 we have to choose from daily today, that’s not to mention ETF’s , Bonds, Futures Contracts, Mutual Funds and now Crypto Currencies. In all we now have 13 different stock market exchanges here in America.
With all of that growth one would think that so much has changed, and in some aspects it has. One thing that has not and most likely will not ever change is us, the human being, the retail trader or at home investor. I’m never a fan when I hear people say that the markets are “rigged” . They may be, and maybe it’s been that way since the beginning of time. We can’t control that, or change it either. What we can control is us, our actions as investors, our reactions when things aren’t going or way.
They call the stock market “The Great Equalizer” for a reason. The markets don’t know or care about our age, race, gender or anything else at all. Behind the screen we are all equal in “The Game” We all have the same 24 hours, and the same 7 days a week to achieve our goals. That means we can all learn and grow, the question then becomes do you want your investing results to stay the same? Or what will you do to create something new?
Here’s todays Heat Map and I’ll be back on Sunday night with the weeks insights. If you like this please share with your friends, thank you.
Invest wisely, live charitably and be well
Brother Bill