By MJ Plaster
Traders live and die by the trend. “The trend is your friend,” they say. Amateur traders who become emotionally attached to a stock hang on too long, just as stubborn business owners hang on to something “they’ve always done” instead of reading the tea leaves and adjusting to meet emerging business conditions.
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It’s normal to feel some trepidation before you make a big purchase. On the one hand, you’re excited about purchasing a product or experience that you’ve had your eye on, but on the other, you may wonder if this is how you should be spending your hard-earned money. Everyone gets a bit nervous about wasting money, and that feeling is magnified when it would be hundreds or thousands of dollars.
You don’t need to agonize over those big purchases, though. These simple tips will help you figure out if you should go through with a purchase or save your money. Continue reading →