God Created Laws Of Economics
Team TRADEway • August 20, 2019
Just as sure as gravity is a law that God put in the universe, economic principles from the Bible are law. God's laws don't change. Your background and who you are do not matter. You just follow God’s law and it works, because God built it into the universe. If you want to learn how to be an entrepreneur, you have to learn that God said you have no return without risk. It's called the “risk return trade off”.
The amount of wealth that you have the potential to create for your family is directly proportional to the amount of risk you are willing to take. It's not the same as gambling, because it is educated risk. You learn everything you can learn about certain type of business before you jump into it. Once you have those skill sets, then you have to take a risk. All business is a risk. Everything in life is a risk.
You can not ignore God’s principles. You can not be en entrepreneur and find a way around “risk return trade off’. It is best to learn the skills needed become successful, then take the risk needed to potentially become wealthy.
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•
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Today we’re going to be talking about some things to consider before you buy gold or bars. We’re going to cover differences in price, liquidity and resale value. Let’s get into it!
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•
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•
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•
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•
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•
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The long-term investing industry hasn’t really changed that much in the last 50 years as far as their message goes: ”Don’t worry about bear market crashes, just stay the course…” Many people argue that the average person on the street would be way better off if they just bought the S&P 500 and held it rather than trying to buy and sell individual stocks themselves. Well, that may be absolutely true if you have zero trading skillsets. But if you do have the kind of trading skillsets that TRADEway teaches, then the old line philosophy of buy and hold isn’t the best strategy for you. In today’s episode we’re talking about some common myths that buy-and-hold-ers propagate. Let’s get into this important discussion…
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We all know that feeling… A trade is going well and you’re feeling elated anticipating taking profits. And then out of seemingly nowhere, it tanks. Man, it’s frustrating! And if this has happened to you–maybe once, maybe many times–just know, you’re not alone. You might be wondering, why did this happen? It turns out there are three common reasons why trades stop working. Once you learn these three reasons it will be easier for you to analyze your past trades and figure out what went wrong. But more importantly, once you learn these three reasons why trades stop working, you’ll be better able to prevent a trade from going south in the first place, because you’ll start to recognize the warning signs. So let’s dive in. Here are three most common reasons why people’s trades stop working.
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•
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We all know that feeling… A trade is going well and you’re feeling elated anticipating taking profits. And then out of seemingly nowhere, it tanks. Man, it’s frustrating! And if this has happened to you–maybe once, maybe many times–just know, you’re not alone. You might be wondering, why did this happen? It turns out there are three common reasons why trades stop working. Once you learn these three reasons it will be easier for you to analyze your past trades and figure out what went wrong. But more importantly, once you learn these three reasons why trades stop working, you’ll be better able to prevent a trade from going south in the first place, because you’ll start to recognize the warning signs. So let’s dive in. Here are three most common reasons why people’s trades stop working.