Zero Commissions to Buy and Sell Stocks??? Can it Be TRUE?

Well, lots of folks said it just couldn't happen, but it took two young ivy league computer
geeks to prove them wrong.

Stanford grads Vladimir Tenev and Baiju Bhatt 

have built a mobile stock trading app called "ROBINHOOD"  that appears to be currently functional in the U.S.A as we speak.



Current plans are under way to get approval to function in Australia next.

Will Canada be next??? I certainly hope so.

Whenever someone talks about ZERO commission fees for stock trades, the question arises as to just HOW the company"Robinhood"will glean their earnings. Will they tack a couple cents on the spread between the bid and the ask? Or will there be hidden fees to produce some menial ikky things like "end of year " tax forms??? Investors want to know....

Well there's still time for me to do more research. As a canuck, ROBINHOOD is still beyond my reach as you need to be an American resident to use their app as of now. 

You can guess that the other discount brokerages are gonna watch these developments like a hawk and do their best to discredit what "Robinhood" has to offer.....perhaps even going so low as to question the "safety and security" of trading via a "free" app.

But once all the flurry settles down and ROBINHOOD becomes functional all across North America, perhaps it will really just heat up the competition and thus drive down commission fees for all discount brokerages worldwide. ALL discount brokerages are going to have to prove themselves all over again, as to why we should be willing to pay good money for the "privilege" of giving perfect strangers our money to trade stocks with.

I am delighted with the ROBINHOOD invention and I wish them all the best. I pray that they will maintain their "free" trades policy long enough for many of us to make some great big bucks. 

Peaceful productivity,
Carla

Is Optimism ALWAYS the best thing to have???

I've been reading the book entitled "Warren Buffet Invests like a Girl.....and WHY You Should too"
written by Louann Lofton.

Within Chapter 2...... I found this quotable bite:

"While optimism in most parts of our lives is something to strive for, in investing it can poison your judgment and outlook." 

         (pg 22 last paragraph)

I just thought that sentence was a treasure I couldn't keep to myself.

It kinda sums up what I have found to be one of my own gender's downfalls on a regular basis. You see, many women have been socialized, raised up and reared to be smiling nurturing and optimistic....in order to be good moms and wives. However, if we are ever going to make head way as a gender in the capital markets of the globe, we are going to have to give ourselves permission to be ruthlessly honest and
cuttingly critical.

I'm not talking about being "mean" for the sake of just being a jerk. I'm more talking about being able to critically analyze investment vehicles with the same accuracy and demand for results that "men" typically command.

Men don't feel that same compulsion to wear an empathetic smile at all times, that many of us women have been raised to wear.

We  girls need to take the time and effort it takes to develop a seasoned and critical financial eye....being able to confidently analyze balance sheets and financial reports with panache and no undue levels of
compassion. Businesses are created to turn a profit, not to be a dumping ground for gullible investors.

So ladies, I just want to challenge myself and y'all as well, to develop the emotional integrity and knowledge base that we will need if we are going to....as the bible describes "inherit the land"....in the world of capital markets and investing.

Don't feel like you must be perpetually encouraging all the time. Give yourself permission to
take a step back, do your due diligence and research, and when the situation calls for it, be able  and willing to publicly call a lemon of an investment, .....a really REALLY bad idea....without apologizing for being forthright and bold.

Have courage friends,

Peacefully productive,
Carla.

Your CHanging Brain

Had the privilege of viewing the quite short documentary filmhosted by David Suzuki of "The Nature of Things"
by CBC Learning
entitled "THe BRAIN THAT CHANGES ITSELF" 
and it was quite an eyeopener.

The film discusses how scientists have now proven that our brain is even more adaptive
and capable of rehabilitation than modern man has ever thought possible.

According to the film,  "The BRAIN is Changing ALL the time
.... the challenge then is "to GUIDE the changes".

So this revelation backed up by case studies that are revealed in the film, shows us that our current state of mind is not a permanent state of being. Merely by "thinking" we can actually change our brains quite literally.
We can improve the conditions of our brain through various activities and exercises.

Our brains are very "plastic"....very moldable and subject to interventation and a limitless array of therapies that can help heal our brains when/if  it experiences some kind of disability or injury.

The film also explores how modern technology can assist blind people to "see" by feeding visual information through other senses, such as touch. Our brain's ability to receive sensory input from unorthodox sources and
re-assimilating it into our mental processes to produce higher coping and survival skills is astounding.

If you can get your hands on this very short documentary film, it is definitely worth the time it may take to source it.

This type of research encourages us all to continue to guide ourselves to exercise and challenge our mental capacities, and thus causing our brains to grow new connections and synapses. We can thus literally "change" our brains by using them in new ways.

Peacefully productive,
Carla