Ever wondered how stock investors make money and keep growing it? Stock Investing 101 can help!
Ever dreamt of being able to do the same, retire early and enjoy your retirement years?
Do you have a desire to invest in stocks but really don't know where to begin? If you answered "yes" to any of the above questions, you've come to the right place.
Where should you Start?
Stock Investing 101 is your starting place.
Investing means that you are putting your money to work for you. In fact - according to dictionary.com investing means to" put (money) to use, by purchase or expenditure, in something offering potential profitable returns, as interest, income, or appreciation in value"
Before we delve into Stock Investing 101, we must destroy some myths.
Myth 1: Investing is Gambling
Investing is not gambling! This is important to understand.When you gamble you bet on an uncertain outcome and in the process wish that lady luck smiles on you and you win some money.
Real investors like you and me do not do that when investing in stocks! You perform analysis, you read, and you commit your money only when you are convinced that there is a reasonable chance for profit. As with everything else in life, this will come with risk, but at least you have conducted your due diligence.
Myth 2: Stock Investing is for smart people
Again this is not true! This is a misunderstanding that you have to be a certain type of person to be a successful stock trader. What is true is that almost most of the stock investors who analyze and win big tend to be left brainers (60%), ANYONE can be stock investor!.
If you develop a plan, and then find what works best for you, you will be successful.
And who said you and I are not smart anyway?
Myth 3: Stock Investing is a full time committment
Not true! I am living proof that if you put in between 2-4 hours daily YOU will make money through Stock Investing. Beside there are numerous tools - like stock screeners - that will do a lot of of the initial work for you.
Myth 4: Stock Investing is full of Risk
While there is some truth to the fact that stock investing has risk, dwelling on the risk and not the ability to manage risk is a sure way of losing your money.
Yes - there are people who have lost almost everything. But with careful planning, research, and good risk management strategy, you can reduce your risk significantly.
We aim to show you how in Stock Investing 101
The bottom line - There is an old adage that says - if you do not plan, you have already planned to fail. As a stock investor, IT IS important to plan. We can over emphasize this enough.
Think of a surgeon who come unprepared to the operating table - they could cause some serious injuries. You too - if you do not plan, you could cause some serious $$ injuries. So plan! Plan!