Learning to invest can be an enjoyable pastime for those inclined toward it. It is not a mystery that has to be left to the professionals. Do you want to take your knowledge of investing to the next level?
You can do it as successful investing relies primarily on the proper understanding of basic mathematics and basic principles of business.
You want to learn about business.
You want to learn how to value individual stocks.
You want to determine whether or not to buy more of the stock of your employer.
You want to own the greatest companies on the planet, hold them for decades, and turn a couple of thousand dollars into a couple of million dollars by the time you retire, or your kids retire, or their kids.
To get there, you need only add 6 + 17 successfully (23). You need only multiply 12 X 2.6 (31.2). You need only divide 178 by 14 (12.7).
Mostly, you'll just need to keep your eyes and mind open.
The future of your financial situation rests more on these abilities than on working triple overtime next month or inheriting a whole mess of money from your great-uncle.
So, let's ask again: is it time for you to step beyond the index fund and start investing in individual stocks?
Why invest in individual stocks?
Because if you're methodical, you may beat the index funds that beat the majority of managed funds.
Chances are you won't make much money at all in your first year of investing.
You'll still be learning and you'll probably make plenty of mistakes.
And there certainly are other alternatives to common stock. Index funds are a great way to begin investing.
With method and resolve, private investors can manage to outperform the market over the long term.
No comments:
Post a Comment