Codywillard

Patience with our investing and our money can be the key to long-term success. Here's a great quote from investing legend BenjaminGraham to start out today's report: "People who invest make money for themselves; people who speculate make money for their brokers." There's a time and place for being aggressive, for trading, for using options, for betting big, for buying baskets of cheap stocks, for buying something fun, or investing in something you can actually play with. Long-time subscribers know that I am always opportunistic and you can safely assume that my patience with my portfolio is partly predicated on the fact that I just don't see a whole bunch of great risk/reward pitches right now. You know that the next time you see me trading and investing more aggressively, it's because I think the time and place for doing so is right. Not because I simply want to put money to work, want to seek out an adrenalin rush or give you a trading idea that's not terrific simply to be giving you a trading idea at all