What My Derby "Doubler" Can Teach Us About Investing

The 141st running of the Kentucky Derby was not going to pass me by this year without a challenge... I was hanging out with some financial friends last week when the question got popped along with a bottle of wine. "Who do you like in the Derby?" I was asked. I'd never really thought of it, although I enjoy the excitement of the race. But when I heard a few of my friends around the table talking about betting on the long shot, I had to open my mouth. "You never bet the long shot," I said, knowing that in the business of options trading, nothing could be more clearly stated. With that, I took a bold step that not only paid off handsomely for me , but can also pay off for my readers. Indeed, this financial lesson learned from the Derby will be of greater long-term importance to you than remembering the name American Pharaoh... Tags: how to invest , how to invest in the stock market , how to play the stock market , how to profit , Investing , investing in stocks , stock investing tips , stock market 2015 , stock market tips To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post What My Derby "Doubler" Can Teach Us About Investing appeared first on Money Morning - We Make Investing Profitable .