Prof. Tyler yamazaki
The Stock Market is ONLY for the Rich People
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trading
- Bu sahifa navigatsiya:
- You Need Connections to Succeed
- You need Extensive Financial Knowledge
The Stock Market is ONLY for the Rich People
Some think that you can only invest in stocks if you belong to a particular exclusive group. This is not true. The stock market is open to everyone provided you are of legal age, and there are no other legal prohibitions applicable to you in your state. Especially today where you can invest in stocks by simply opening an account with an online broker, you can invest even with as little as $300, or even less. You Need Connections to Succeed With all the connections that Warren Buffet has, there is no wonder he can identify the right stocks to invest in. Well, if this is what you think, then you are wrong, absolutely wrong. Yes, having good connections can help you leverage and increase your chances of picking the right stocks and make a profit, but dealing with the stock market is much more than building connections. In fact, there are many investors who make a good amount of income even without any connection with anyone whatsoever. Thanks to Internet which literally makes our world smaller, you can easily access different sites and gather information from the comfort of your home. There are also many analyses and reviews shared by other investors that you can use as an additional reference. Here is the truth: You do not need connections. Period. What you need is to research and study the stock market and work on your winning strategies. You need Extensive Financial Knowledge This is another myth that needs to be busted. Of course, having financial knowledge is something that you need to help you choose the best stocks to invest in. This is true, especially if you use financial analysis — which is one of the most common investing strategies. However, there are other strategies that you can use without you having to look at any number. This, of course, does not mean that you should not bother developing your financial knowledge, but only shows that you can still invest and make money by investing in stocks even if you have a limited knowledge of business finance. It should be noted that you do not need to have an extensive knowledge. Learning the basics would be enough. In fact, you can develop your financial knowledge just by researching stuffs online. The important part here is to analyze what you already know. Download 0.84 Mb. Do'stlaringiz bilan baham: |
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