What would you think about a job which involved you being your own boss? One where you could work from home, an exciting job where you can keep an eye on your computer and watch your profits grow at the click of a button? The risks are as high as the rewards but over time and with enough education a job which you can become better and better at.
That's right, you guessed it, we're talking about owning stocks and shares. Stock is an investment vehicle that was created out of need by companies centuries ago to raise capital and offset the risk of their ventures. Nowadays though it's a necessary part of any traders portfolio and a great way to structure your wealth.
To get you started on your journey to buying stock there's a lot you need to be aware. You might not realize it but the more knowledge you attain about companies though their company reports, through the news and through technical analysis the better the trader you'll be.
It's work that is suitable for everyone and anyone. What was once a game for the rich; has now turned into the game of choice for growing capital. This demand joined with advancement in trading technology has opened up the markets so that today nearly anyone can have possession of stocks.
In spite of their popularity, however, most people don't fully know how stocks work. I bought stocks many years ago towards the end of the Dot com bubble. Like many people, I came in late, really didn't know what I was doing and took a tip from someone who took this tip from someone else. Chances are that by the time you hear that tip it's too late to buy that particular share, as it's already peaked. As you can imagine, yes, I lost my initial investment.
So much of the half truths and rumors surrounding the stock market are based on a get-rich quick mentality, which is exactly what happened during the amazing dotcom bubble in the late '90s. People thought that stocks were the supernatural answer to immediate wealth with no risk. The resulting dotcom crash proved that this is not the case. Stocks can create huge wealth, but they aren't without risks associated with them. The only way out of this is education. This guide is the key to understanding how, why and where you are putting your money in the stock market so you can protect yourself in the long run and manage your risk.- it certainly would have helped me all those years ago!
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