2015年12月20日星期日

IT'S NOT MONOPOLY MONEY, DON'T RISK YOUR HOUSE ON IT!

What's the ... between an amateur and a ... amateur ... until he can get it right, a ... until he can't get it wrong. So, where are yougoing to get your inve

What's the difference between an amateur and a professional?

An amateur practices until he can get it right, a professional

practices until he can't get it wrong. So, where are you

going to get your investment information - from an amateur or

a professional?

A good investment decision is based on knowledge: What does

this company do? How do they do it? How well do they do it?

What's their market position? Who are the competitors? What

new products are they planning? (And about a thousand other

questions.)

Professionals have the answers. They are experts. They spend

years studying this stuff, their income depends on knowing

what's happening and making the right decisions. Whereas, the

amateurs don't have the time and resources to gather and analyze

all that data. So, many people get hot tips from a "friend of a

friend" or follow "hunches." That means most people just keep

living from paycheck to paycheck and hope Social Security is

still around when you're 65!

CHANGE THE TREND! - You don't need an MBA to be an effective

investor. You can learn where to find good info, then learn to

use it: Take a continuing education class on financial

management China's Livestock, Feed Processing Machinery and Huge Development Potential at your local college or university. Attend a

'how-to' seminar given by an investment company. Join an

investment club, like The Wall Street Prophet, and Tips From Violin Teachers: How to Minimize Pain and Injury While Playing Violin learn

from successful professionals.

And, get on the web. The Internet has become the most powerful

learning tool in the world. Newspapers, trade magazines and

investment magazines have websites. Companies and investment

firms have websites. With an Internet connection, you have

access to more data The Winter Solstice Celebrations With Meditations, Decorations & Incense than the most seasoned professional had

a decade ago. It's there, it's instant and (a lot of) it's

FREE! Read it!

So, where to start? "Paper trading" - do the research, pick a

stock, watch it. Do more research, pick another stock, watch it.

After three or four months, you'll begin to get a feel for how

stocks move, which info sources give you useful info, and

whether or not your investment instincts are profitable to you.

Then comes the time to start buying. Remember, the key to

successful investing is patience and knowledge.

Investors who try to get-rich-quick usually get-poor-quicker.

Start Become The Leading Blogging Website Idea small. Work your way up. Learn on paper, then by doing.

By practicing now - you'll make less errors and more money later.

Finally, make friends with a professional investment counselor

or financial advisor. You need expert help to make big moves.

They're also a good source of advice and guidance.

Some professionals may not want you to do any trading on

your own, but a true professional will work to make you an

educated Weight Loss Tips - How to Lower the Numbers on the Scale and Look Sexy? investor, and help you use the information and

the technology to leverage your money into a position

where it's really working for you.

"The only thing more expensive than education is ignorance"

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