“REITs do not beat the Index Funds on total return,” complain many traditional investors. But, many financially independent investors use REITs (Real Estate Investment Trusts) as a major block of their yearly income. What are the reasons for this? First, REITs pay a higher dividend than most companies, due to their legal structure. If you’reContinue reading “Avoid Taxes! Buy REITs!”
Category Archives: Uncategorized
A Common Lie About Credit Scores
One of the biggest myths about credit scores makes me laugh. A manager of mine, with two college degrees stated this lie. Recently a major twitter account re-stated the same lie. What is this lie? I’ll tell you at the end of this article. But first, let’s consider what comprises your credit score. This imageContinue reading “A Common Lie About Credit Scores”
Greetings
Who are we? Richmond Trading is a trading and investing company. We specialize in Price Action Trading of the futures market. We mainly focus on the ES Mini markets, but we monitor other markets to determine macro and micro-economic trends. We also focus on swing-trading blue-chip securities in order to generate long-term passive income forContinue reading “Greetings”
The Importance of the Futures Market to Find Trends
Ever wonder HOW the market will move from Friday to Monday morning? No one perfectly predicts market movement, but the futures market operates 24 hours a day from Sunday at 5PM Central time until Friday night’s close. By tracking the futures market for the SP 500 and the Nasdaq on a Sunday night, you haveContinue reading “The Importance of the Futures Market to Find Trends”
Trades: Week of 11/16
This past week I sold shares in Nordstrom (JWN), Baba (Alibaba), and Kimberly-Clark Corporation (KMR). These trades upped my monthly profit percentage to 11% on realized gains. I bought at support and sold before the stock reached full resistance. This is a skill that I practiced for months while trading the ES mini futures market.Continue reading “Trades: Week of 11/16”