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One way to grow wealth and let money work for you is through investment in stocks. Some of the world’s wealthiest individuals include traders in the stock markets. For instance, the legendary investor Warren Buffett made his fortune from stocks. There are many others, including John Templeton and Benjamin Graham. An insightful analysis of their investment approaches reveals a lot about stocks and stock markets. Interestingly, their stories are not just about success, but they also illustrate what it takes to achieve financial independence, especially through stock investing.
Some people and businesses don’t have anyone behind them to bail them out when things turn for the worse. For individuals and businesses living on the edge, the financial crisis of 2008 was a disaster. For the individuals and businesses that were prepared, or not living on the edge, it has only been an ongoing pain or a problem that has at least some solution. In this day and age, we have learned to live on the edge in so many ways, and it just seems to be the way the world works at the moment. But there is also comfort and a sense of well-being that comes from saving for a rainy day or having the capacity to carry on normally when things go wrong. Savings and inventories carry a certain amount of financial burden due to lost earnings or profits, but if you can live with the present lost opportunities, you can avoid disaster during a crisis. Living on the edge can be exhilarating and even profitable, but it can also be painful because there are risks associated with those behaviors.
Many times, stock markets are made to look so attractive, and all the stories given about them are only those about how certain individuals made it in a considerably short time. Equally, many have lost a greater percentage or even the whole of their investments in some instances due to a lack of information. For a new investor or anyone planning to invest in the stock market, both sides of success and failure stories are vital. No one is ever sure of what is going to happen next in the market, and even when predictions are made, they are not always 100% accurate and indicative of the kind of returns to expect in the market.
What can you learn in this book?
- The step by step procedure on growing your money
- The psychology of trading and investing
- How to ensure you have the right mindset
- What it costs for success in trading
- The multiplier effect on money
- How you manage your money determines how you succeed
- Mistakes you ought to avoid
- How to get to financial freedom
- 57 practices that will enhance your success
- And much more!!
When I was just a kid, I loved cartoons. I can remember the portrayal of the ostrich being pursued by someone or something and the ostrich sticking its head in the sand in alarm. It was so obviously stupid to react in that way, but ostriches will be ostriches. Unfortunately many humans try to do the same thing at various times in their lives. We live in a world filled with risks, and we cannot avoid them. Getting out of bed in the morning opens our life to risks. But staying in bed with covers pulled up over our heads puts us at risk because we are doing nothing. If you do nothing, your body and mind as well as your resources atrophy. Generally speaking we don’t learn much by hiding in our beds either. Life moves on and we are left behind. If we aren’t out there struggling to get ahead or at least keep up, we become outdated and are left behind. The challenges of life provide us with risk, and if we accept the risk and try to manage the risk, the effort can produce rewards as well as pain. We may not like risk, but we can’t live without it.
Are you ready to a fantastic adventure to the big city of all trades? Look no further. Press the buy now button and let’s move together.