The Positive Side of the “Ambulance Chasing” Approach To Investing

Some of us have the luxury of having secure pensions and have acquired property and assets to carry us into the years where an ambulance could be a mode of transportation for us. I know many people who are in good financial shape, while the income statistics in most countries suggest the majority are not.  Even having any money or resources to invest is a luxury.Many lawyers either resent or embrace having the term "ambulance chaser" being attached to their profession. In loose terms, ambulance chasing is a metaphor for taking advantage of some form of mishap or unfortunate event.Examples of Ambulance ChasingSelling services to people going through a setback such as a divorce, medical emergency, or natural disaster. Buying property and goods at discount rates following an economic meltdown or natural disaster.  The sub-prime mortgage meltdown in the US created many investment opportunities. Selling Volkswagen stocks short when their emissions fudge was announced and buying at the bottom....
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Nookie Futures – Making Love and Money

Bonnie and I have a shared trading account and are learning strategies for short term trading. Most North American markets open at 9:30 am EST and the most important time to make moves is between 9:00 am and 11 am EST.  That is 6 am to 8 am PST.One morning we ended up doing special yoga instead of implementing the trading strategy we are learning. When we did check the markets, it turned out that the market movement was perfect for our strategy that day. We missed out making hundreds of dollars in a few hours.There will be other opportunities. To ensure we do not miss them we have agreed not to indulge in special yoga unless we have made at least $200 with the investments for the day.Nookie Futures!Good motivation! Join the Design Your Delicious Life Newsletter See How We Help You Design a Delicious Life....
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