Ted Bauman was recently featured in an interview that was published on the Ideamensch website. The interview reveals the way the financial writer has succeeded and his top tips for success.
One of his biggest recommendations is to ceaselessly gather information on the market. He is dedicated to giving people the best possible information so they can better understand the economy, the world around them and their freedom. To do so, it is critical for him to stay current with the different markets. He also refuses to use someone else’s research.
Despite many failures, Ted Bauman suggests that the failures are key to understanding and learning how to turn situations around. He worked for some years in the nonprofit world in South Africa where he helped build low-income households. He would often try to aid the communities by developing financial management systems so they can get the most out of their money. One thing he suggests is vital to business is learning how to set boundaries. He often let his desire to help people override his common sense.
He uses a variety of software services to help him analyze information and research the market. Some of the technology he uses to focus on mainstream media and some pickup information from more unorthodox websites. He particularly likes Stock Market Buy. The software allows people to create portfolios, watch different stocks and get real-time analysis that is more sophisticated than many other software providers. Ted Bauman often recommends this software service to his subscribers because they need to have up-to-date information. They also need to stay current on the news that affects the market to help their trading strategies.
Bauman suggests that the average trader does not need to have the expensive technology. He believes it is possible for people to do their own research and analysis, especially with investments.
Ted Bauman was also featured in Samuel Thorpe’s article “Ted Bauman Explains 3 Possible Stock Market Crash Outcomes.” The article details the three options the investment writer provides on what may happen to the stock market. He believes it could be a shift in the CAPE ratio because the U.S. stocks are overvalued.