Tim Parker

Contributing Editor

Tim Parker is the owner of ECS, a company specializing in financial and small business content for print and online media.

His work is published on many of the best known media outlets as well as magazines, industry publications, and newspapers. He also runs buildmykingdom.com, a personal finance site. He loves all things creative and is passionate about volunteering in the nonprofit sector.

Tim lives in Florida where he often sets up a mobile office on the Gulf of Mexico beaches.

Blog posts

News and Articles
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  • Voters easily rejected constitutional changes backed by the government leading Prime Minister Matteo Renzi to announce his immediate resignation, according to the Wall Street Journal. Renzi led the charge to pass constitutional amendments that would make it easier for the Italian government to pass laws but the country said no.

  • Wootrader Announces FinanceBoards
    Oct. 19, 2016, 10:43 a.m. by

    From the makers of Wootrader comes FinanceBoards!

  • Not All Stocks Plunged Friday
    June 25, 2016, 12:13 p.m. by

    Friday can only be described as carnage on Wall Street. The UK’s decision to leave the European Union sent stocks plunging. The S&P was down more than 3.5% while the NASDAQ lost more than 4%. The Dow shed 3.3% or 610 points. Globally, markets sold off and stripped $2.1 trillion in value!

  • Looking for a quick, easy, graphical view of upcoming earnings? We have it and you don’t have to be a member to view it. It’s absolutely FREE!

  • The market wasn’t supposed to have a good day following a disappointing jobs report but after a loss of nearly 150 points on the Dow, the market rebounded. The Dow Jones Industrial Average ended the day only 31.50 points lower. The S&P was down 6.13 points to close at 2099.13.

  • If you like trading volatility, you probably love earnings season. Every 3 months publically traded companies around the world report their quarterly earnings. Sometimes their stock’s reaction is muted or relatively boring but other times, it’s epic. Stocks may gain or lose more than half of their value based on a single earnings statement.

  • What is Sector Rotation?
    March 31, 2016, 9:21 a.m. by

    The economy is always changing. What was most important to investors a month ago could be at the bottom of their list right now. That’s why WooTrader doesn’t weight all of its screeners equally all the time. We’re constantly changing the weight of each data point to fit the current state of the market.

  • WooTrader continues to grow. As our customers talk, we listen, so we’re constantly adding new features that will make your trading even more profitable. We thought we would take a minute and tell you about 3 of our favorite WooTrader tools.

  • Yesterday was a bad day for Valeant. (NYSE: VRX) The stock plummeted 51% yesterday after the company slashed guidance and said that they're in danger of defaulting on some of their debt. Epic drops like this might happen with small cap stocks but not a $23 billion company.

  • Everybody loves a market that’s rocketing higher but when it heads south, people panic. In most cases there’s little reason to take drastic action but what if you’re close to reaching retirement? Here’s what to do.

  • You won’t find investors agreeing on much but you won’t find any of them investing on a whim. They have rules that they follow regardless of what the market is doing. If that’s how you invest, you’re probably losing money so how about constructing some rules of your own? We looked at some of the best well-known quotes from the most well-known investors.

  • Nobody was expecting 2016 to start this way. Markets are down big and don’t show signs of rebounding any time soon. Investors believe that although there will be some short-term bounces, this correction mode that world markets are stuck in is probably here to stay for quite a while.

  • The Case For Dividend Stocks
    Feb. 19, 2016, 10:22 a.m. by

    There’s no doubt that trading is fun. The thrill of a big win, watching the market lose and gain hundreds of points at a time, and watching those earnings reports hit the news wires make for a fun experience but is it good for your portfolio? Are you actually making any money in your short-term trading activities? And is there a better way?

  • Aviators don’t start flying in a real aircraft. Emergency responders conduct disaster simulations, and orchestras rehearse their music before performing it live. In every great endeavor, great people practice before doing it for real. That’s why investors have simulators of their own. Simulators allow investors, especially new students of the craft, to see how various trading decisions impact the performance of their positions. You might try out a new options strategy or watch how world events affect certain stocks and not others.

  • What is Social Investing?
    Feb. 4, 2016, 9:22 a.m. by

    Wealth Management firms are reporting that their millennial clients are asking about this more than ever. Statistics show it grew 13% from 2007 to 2010, and about 1 of every 8 dollars under professional management are invested this way.

  • You might know that the stock market can rob you of investment income but there’s a more sinister thief that will rob you of even more—and it operate largely without your knowledge. That thief is fees. If you’re investing your money in any mutual fund or etf, you will incur fees because all funds require some sort of management.

  • If you know anything about investing you’ve heard the term, mutual fund but do you know how they work? Don’t be embarrassed if you don’t. A ton of financial professionals don’t either. Keep reading and you’ll learn everything you need to know.

  • What’s Coming in 2016?
    Jan. 21, 2016, 9:47 a.m. by

    2015 was a big year for Wootrader. In 2014, our founder wanted to capture some of the data that the professionals use to make decisions for their clients and place it into the hands of the retail investor. That was the beginning of Wootrader that launched this past year.

  • Everybody loves a market that can’t do anything but go up. That’s what we’ve had over the past few years but what comes up will eventually go down. You can either take the ultra long term approach and ride out the waves that inevitably arrive or you can take out some insurance to protect yourself. Investors call it hedging.

  • How do Investment Fees Work?
    Jan. 7, 2016, 9:20 a.m. by

    Very little in life comes without a price and investing is no exception. Before you enter the investment market, you have to understand how fees work. Even if you’re a self-service investor, you’re probably paying fees to somebody. If you’re not careful, these fees can steal a serious amount of profit from your portfolio.

  • As an investor, you deal with risk. Risk represents the chance or possibility something bad will happen that will negatively affect your investment.

  • Risk is everywhere. In the world of investing, most types of risk have been categorized and defined.