Before the year 2000, the stock market had not had a negative 10 year period since the 1930’s. Since 1950, there has never been a negative 20 year period. This is why long term investors need to keep in mind the real goal and a truer definition of “long term.” For those who can master the practice, however, short term trading can be very profitable. Some people make careers and millions of dollars from trading stocks in as little as a few minutes. The key to short term trading is lots of research and forming a solid plan, then following through. For the average investor, there simply is not enough time to properly research, create and implement a proper short term investment plan. Trying to guess what the market will do is a recipe for financial disaster. If you are considering short term investing, please do so with only a small portion of your overall portfolio capital and do so with extreme caution. But for most investors, a longer term approach is absolutely the way to go.
The APR associated with your loan stands for the annual percentage rate, or the amount of interest you will be expected to pay in relation to the length of your loan term. Most of the time, the APR for short term loans ranges from % to %, though this can vary somewhat. Although the APR associated with short term loans is higher than that associated with other forms of credit, it is still considerably less than the charges associated with overdrafts and nonsufficient funds. Please see below for a cost comparison.
Working as a clinical psychologist in a hospital (I’m now retired) I had always used pen and paper to take interview notes, even as come colleagues were beginning to use laptops to do the same. I type faster than I write (especially if I try to write legibly), but the cognitive process is different. It is easier to engage with an interviewee while holding a pen than it is when ‘tending’ a computer. The same could be said about taking notes in lectures. I feel that the process of writing by hand provides an improved level of learning and analysis. The information is ‘digested’ rather than merely recorded.