One of my Empire Avenue friends had someone sell her big today. When you are working hard on moving up that can be frustrating. She was asking what she should do with her shares in response. I thought it was important to remember why someone might sell shares in an investment that is only going up.
Next, reasons why people sell good stocks. Continue reading
If you are here looking for ways to increase your influence and affluence on Empire Avenue. I hope that you are taking the time to thank people when they buy from you or follow you. Not everyone does this and you can separate yourself from the great unwashed by this simple step. However, shoutouts can go way beyond just a simple thank you.
Next, how to get more out of exercising your typing lungs. Continue reading
If you watch people’s stock graphs (under the blue Graphs tab), you will find people that were going up and up, but someone sold them and then they kept going down and down. This is typical market behaviour. Many people want to ride a winner as long as they can, but get nervous that the higher a stock rises, the further it will fall. So, they jump out at the first sign of trouble creating a downward landslide that feeds on itself.
Next, how to (perhaps) prevent a landslide… Continue reading
I am seeing a number of messages on the Empire Avenue site and on Twitter about people debating the future of Empire Avenue or their future on the site. Some people wonder if it has enough in it to keep them engaged over a longer-term or if it requires too much effort for what is gained. Certainly, I think it can be disheartening if you put a lot of work into raising your share price only to watch it slip away because you had to go out of town or you had family obligations. Plus, there is not that many people using the site. This limited audience reduces the value of social networking.
Next, the challenge ahead. Continue reading
If you have been reading these blog entries, you know that we like interesting headlines here at the Empire Building network. Today’s, however, might have you really scratching your head if you cannot remember this (somewhat) famous stock-related movie line. The line was used by Charlie Sheen’s character in the movie Wall Street. Blue Horseshoe was a code used to give others like those in the media a tip that someone was going to be making a move on a particular stock. When Blue Horseshoe loved something, it was going up.
Next, the hot tips of Empire Avenue. Continue reading
We already have a long tradition of Monday morning not being our favourite time in the week. For those of us trading in the world of Empire Avenue, most of us now have another reason to grumble. It’s pretty generally known that Empire Avenue is quieter on the weekends. Our stock prices and portfolios tend to take a hit.
Next, how to bounce back. Continue reading
Hello Empire Avenue Influencers. Welcome to the new home of the Empire Building blog. Absolutely the place for – Real Advice on building fake wealth. Look for a growing list of tips, discussion and commentary in the days and weeks ahead.
Next, calling all aspiring bloggers. Continue reading
Up until yesterday, I had been planning on writing about the fact that I was focussed on my shareprice and not on my wealth. I really had not given much thought to developing a strategy maximize my dividends earnings. Then, a funny thing happened. Yesterday, I topped the earnings charts. Given that I had not focused on this, I was definitely surprised. My key to my earnings was not nearly as obvious as my dividend payouts.
Next, how I topped the earnings leader board… Continue reading
Just a quick tip tonight. If you find yourself using Twitter a lot more since joining Empire Avenue, you really owe it to yourself to check out a Twitter client like HootSuite (if you haven’t already). I already mentioned how the app allows you to schedule tweets throughout the day. Another great feature is it provides a multicolumn display. I can have a column with a saved search on “#EmpireAve”, “#Empire Avenue” and “Empire Avenue. So anytime someone tweets about the site, I know it quickly. It will also track for you whether your messages have been retweeted and how far. If you are still using the Twitter website, consider trading up.
I have already been asked a couple of times what I did to earn my investors so much money this week. The short answer is that beyond the fact that we are rewarded for almost all of our social interactions, I don’t know. The folks at Empire Avenue wisely don’t want us to know exactly what is in their secret sauce. This way we have to focus on genuine interaction and not some machine like responses designed to juice our results.
Next, what I think was the key to my earning you money. Continue reading
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