Stocks & Mutual Funds Information

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Money, Insanity and Wall Street


Money: the most charged word in the planet. It means something to everyone. For some, money means a blessing, for others it means a disaster.

We all have heard stories of people who have lost their fortunes or their life savings trading in the stock market; but, we don't hear much of people who are currently trading and how their lives are turning upside down.

For some, the process of trading is like the development of an addiction, it starts with expectations, with hopes of a relief, with desire to control money or acquire more of it. Soon, it starts turning into an obsession. Then, it controls the thoughts, emotions and feelings. Next, there is no longer consciousness about the external life, everything around turns into a distraction from the focus of trading, and those distractions must be eliminated.

This is where relationships end, where jobs are terminated, and the mind is totally controlled by the obsession of trading. Whether money is made or not, is not the issue. The issue is how, at what cost is made? Is the cost a family, a spouse, a significant relationship, sanity, peace of mind, health?? Maybe the cost is not worthy.

When you buy a stock or an option, you are leaving a part of you attached to it, whether you want to accept it or not; it is always in the back of your mind. Your heart, your mind, and even your body will tell you what to do. If there is pain, fear, anxiety, destruction, conflict around you, then maybe you need to stop and look again.

Wall Street is always there, but your sanity, family and self-esteem may not be. Choose, because you always have a choice. Nobody can make the choice for you; nobody had made the choice for you.Money can absorb human souls, money can destroy human lives. Money is definitely a sword of two edges. It can bring joy or destruction. Your choice. Every time.

© Copyright 2005 by Jeanette Castelli

Adapted from the book, Wall Street Poems: Rising Beyond The Illusions, by Jeanette Castelli. For more information visit website, http://WallStreetPoems.urbantex.com/

Jeanette Castelli is an author, speaker and coach. Her education includes an MBA and a Master of Psychology. She is an expert in recovery and healing processes, including divorce, past events and wall street losses. Contact her JCastelli@urbantex.com

 

MORE RESOURCES:

Law School to Provide Tax Help
Inside INdiana Business (press release), IN - Jan 5, 2009
Taxpayers with annual income of $42000 or less are eligible for the help if they have not received income from the sale of stocks, mutual funds or homes or ...


$72 billion was pulled from market in October
The Tennessean, TN - Dec 24, 2008
By ES Browning • THE WALL STREET JOURNAL • December 24, 2008 One of the hallmarks of the long market downturns in the 1930s and the 1970s has returned: ...


Valparaiso University law school to provide tax help
nwitimes.com, IN - Jan 5, 2009
Taxpayers with annual income of $42000 or less are eligible for the help if they have not received income from the sale of stocks, mutual funds or homes or ...


New Money features for you
USA Today - Dec 15, 2008
They include: •Year-to-date returns for stocks, mutual funds and exchange-traded funds (ETFs). These can be found by entering the name or ticker symbol in ...


Like other stocks, mutual funds show heavy losses during 2008
LubbockOnline.com, TX - Dec 27, 2008
By Tim Paradis | AP NEW YORK - There was one safe bet that mutual fund investors could make in 2008 - that the stock market was a place to lose a lot of ...


High school investments team wins game
Greenwich Post, CT - Jan 4, 2009
The Greenwich High School investment course is more akin to a college-level course covering stocks, mutual funds, bonds and other securities. ...


Be wary of US treasury bonds in 2009
Stockhouse, Canada - Jan 5, 2009
They pulled money out of stocks, mutual funds, money market accounts, even bank savings accounts and CD’s, and poured it into US T-bills and bonds at a ...


Value? Growth? Both!
Motley Fool - Jan 2, 2009
The distinction between value and growth stocks is such a bedrock assumption that Morningstar routinely classifies stocks, mutual funds, and ETFs as one or ...


City pension funds may cost taxpayers
Allentown Morning Call, PA - Jan 4, 2009
... the crumbling economy has pummeled Allentown's pension funds, which rely on stocks, mutual funds, real estate and other investment tools for growth. ...


A better bailout alternative
American Thinker, WA - Dec 18, 2008
Any type of funds may be used: CDs, bonds, stocks, mutual funds, cash, money market funds. - IRA owners can contribute any percentage of their qualified ...

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