\"Stock Trading For Beginners\" Introduction
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EnglishVoice Age
Young Adult (18-35)Accents
North American (General)Transcript
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forging your path towards a certain goal that others would think you were not capable of. Because you lack experience, knowledge, skills or ability can be exhilarating, challenging and exciting. And in every success you make in whatever field of specialisation you may pursue, there is an underlying story that serves as an inspiration to other people. However, in every path you follow, there are obstacles that hinder your goal. But if you know how to face these trials, you will reach your destination. Your achievement is not a consequence of magic and luck, but it is the result of long years of hard work, perseverance, diligence, patients, discipline and, most of all, in believing yourself that you can do it. As the saying goes. If others can make it, why can't I? Yes, indeed, it is true that we can always do what others can, whether it is in business or in other fields. If not for these virtues possessed by the world's most successful great men in the history of business and the financial world as a whole, there would be no such thing as stock investing, which has evolved since it was introduced in 1602 where the world's first publicly traded company was established. Those people who wanted tohave changes in their lives have contributed to the success of stock investing in the world. Most of these notable people started from scratch until they became rich through their investing principles. If you have read the story of some great men and business, you are in great awe as to how they made millions of dollars in investments using their own principle and investing style. The most popular among these men is none other than Warren Buffet, whose name is always included in writings and books about investment. Quoting his contribution in stock investing and how he became a billionaire, his investment started in his early adolescence, using the money he earned from his odd jobs. Truly, this man is worthy of emulation, and he has inspired us to become like him. He conquered the stock market by beating it not with a gun, but by buying the market and operates it, using his little knowledge taken from his readings of several economics books at a very young age. Can you imagine how this young man was able to carve his niche in the financial market. His exemplary record is a picture of hard work and dedication to his craft that turned him into a self made man. What about you? Do you have the guts to imitate his achievements? If you have no guts, you have no glory. As the saying goes. It also needs guts to get invested because without it you would not dare to spend your money and buying stocks that could lose its value in a short term or during a market decline. Try to observe those people who excelled in stock investing are mostly men with the likes of Peter Lynch, Carl Icahn, Jesse Livermore, John Neff, Benjamin Graham, George Soros, William Hunt Gross, John Bogle, Thomas Price, John Templeton and not to forget Warren Buffett. With the list above, does it mean that Onley men can succeed in investing? Gender, race and age have nothing to do with one success in investing. The secret of their success is based on the principles that they have developed, modified what they have learned and applied it without any doubt. Each of them has its own style in gaining profits, and the most notorious on this field is none other than Carl Icahn, who made his hostile takeover of the airline company T W. A. That earned him the title as a corporate raider. We two can be like them, but we have to master the different methods, techniques and skills that they used on how to get started with investing, conquer all your fears and do remember that investing is akin to gambling where your shares of stocks rely solely on the movement of the stock market. But they differ in the likes that gamblers have a 50 50 chance of winning, while stock investing has 100% guaranteed returns. If investing in a long term, the highs and lows in the market will greatly effect to the value of the stocks. Should you dream big if you want to grow your wealth a hundredfold, investing is the key towards that goal. It is an excellent way to expand your hard earned money by letting it move, rather than keeping it in a piggy bank or rolling the money in your retail shop. I am not saying that selling in a virtual or physical store is less superior than investing, but when you want to grow your money into thousands of dollars. This is the right place to do it. If money is your problem, you will be surprised at what the financial gurus air saying that you can start investing with a small amount of money, the least is $1 to $5. Would that be possible? That question will be answered in one of the chapters of this book. There's more to this information about where to buy stocks and what the best stocks to purchase are. Although our focus in this book is about stocks, there are alternative investments that Aiken suggest to you to get started with stock investing like cash, bonds, dividends, funds and real estate, to name a few. I will tell you that investing is wider in scope, and that is easy to do it. Once you have talked to a financial adviser or chatted with a robo advisor, which is gaining popularity nowadays, I understand that everyone is looking for an easy and cheap way to invest their money, and that is not a big problem if we think outside of the box. As a beginner, you can start investing with a minimal initial deposit and increase it once your investment growth through diversification and a re balancing of your portfolio. While intelligence is a plus factor in any endeavour, this is only a part of the recipe of success as what Peter Lynch has said that all of us have the brain power to do business in the stock market. If you have fifth grade math, you are eligible to start the investment process. If you know a simple equation and no a few simple principles from experienced investors, there's no reason why you can't be like Warren Buffett and Peter Lynch. The stock market is a great place for people who want to participate in money making ventures without stepping on other's shoes. It is a platform where you also meet professionals and institutional investors who's inspiring stories will motivate you into changing your mindset and overcoming your fears and insecurities for your information. The first investment company was the Dutch East India Company, which released its shares on the Amsterdam Stock Exchange and since then, several countries, including the United States in England, also founded their own stock markets. From this day on, start contemplating on things that you will be learning in this book, digesting each tip. And once you have absorbed the fundamentals of investing, don't waste your precious time in unnecessary activities that will jeopardize your future. Invest while you're still young as you get your money back over a period of years that will surely amass wealth, you will enjoy a great deal of your time and investing without relying on luck. Because you know the returns will not only double triple, but in multiple times. It is better to be busy making money without a much effort rather than looking miserable because of wrong investment. Growing your wealth is the primary reason why you should invest your money in stocks, and equipping yourself with the basic skills will help you attain your goal with a little amount of money. That will save you from financial trouble when the unexpected occurs. Legal disclaimer. All the information in this book is for general educational purposes only. Results are not guaranteed and may vary. Nothing in this book should be taken as financial advice. Please always consult with a professional in this field before you take action