NEW TO INVESTING
Introduction
Increase your portfolio from $500 to $20,000 in
less than two years. Now you're saying, "If it was that easy,
every person would be a millionare." Well, if an investor has
dedicaton, patience and learns from his or her mistakes, he or she
should be able to reach his or her unlimited potential.
I know you heard stories about how the stock market functions
like a casino, and at the end, the casino would always win. The
only time the stock market will make you broke is when you use time,
luck and hope in your decisions.
Before we start, let's talk about this three parameters. Time is
the number one killer for people who invest in the stock market.
Biginners want to time their entry strategy for every stock
they buy. And when something goes wrong, they start panicking.
After a while, they complain their bad luck was based on bad decisions and
hope their luck will turn for the better. Here is where investors
win over speculators. An investor doesn't think about time, luck
or hope. When an investor buys a stock, the individual has a sell
target, instead of a time target. Afterwards, if a buy turns sour
(decreasing long-term fundamentals, but not short-term decreasing
technical indicators), the investor will sell the stock asap and
not hope for any change in course. Understanding a company substitutes luck for every
investment desicion.
And if you have passion, no one can stop you... :)
The number one rule is to think as an investor
and not as a day trader or speculator.
Function
An individual should invest in a company of interest.
Plan
Always have a plan before purchasing a stock.
Zetlock Investments
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