Term of the Day: Barefoot Pilgrim

	View online | Add Investopedia to safe senders list
	INVESTOPEDIA Term Of The Day November 25, 2015 Barefoot Pilgrim A slang term for an unsophisticated investor who loses all of his or her wealth by trading equities in the stock market. A barefoot pilgrim is someone who has taken on more risk than necessary or entered investments carelessly, without doing the proper research. An investor shouldn't take on more risk than necessary to achieve her required return, so someone desiring a 3% return should invest in Treasury securities, not the stock market, and an investor requiring an 8% return should invest in the S&P 500, not in emerging markets. Breaking It Down: A barefoot pilgrim is someone who has lost everything, right down to his shoes, because of his poor... Read More Related to "Barefoot Pilgrim" Are You Investing Or Gambling? Gambling is defined as staking something on a contingency. However, when trading is considered... Read More Going All-In: Comparing Investing And Gambling How many times during a discussion with friends about investing have you heard someone utter... Read More What To Do When Your Options Trade Goes Awry Successful options trading is not about being correct most the time, but about being a good... Read More Recently Added Definitions Gross Domestic Product - GDP Gross domestic product (GDP) is the monetary value of all the finished goods and services produced within... Read More Earnings Before Interest & Tax - EBIT An indicator of a company's profitability, calculated as revenue minus expenses, excluding tax... Read More Related Definitions Capital Loss Falling Knife Bloodletting Puke Initial Public Offering - IPO Past Terms of the Day Quick Ratio Black Monday Monetary Policy Indemnity Discount Bond You are currently subscribed as: mondemand.forex@blogger.com Unsubscribe | Manage Subscriptions Investopedia US, A Division of IAC. Copyright © 2015, Investopedia, LLC. All Rights Reserved Follow Us: