So you want beginner investing advice to help you achieve wealth from the market? Many people today are looking for the best ways to invest their money to get rich and achieve financial freedom. Unfortunately, for the vast majority this will always be just a dream. Why is this?
Instead of taking the time to educate themselves, become financially knowledgeable, and learn from others who’ve invested successfully and made a lot of money, they try to find their own way, and end up killing themselves. If you want to make a lot of money from the market, the answer is obvious, but simple: find somebody else who’s already done it, and model their success.
Most investors will never do these seemingly obvious yet incredibly powerful step. While I can’t do your financial research for you, I can give you some tips on the best strategies to making a fortune on the market that many other top investors have used over the years.
Where should you begin looking for good stock investments? Narrow your investing search down to companies that have shown and proven they can turn a profit on a consistent basis. Most investors have the mistaken belief that the real money in the market is in the smaller companies that nobody’s ever heard of before, that can double their stocks literally overnight.
In reality, investing in these smaller, unheard of companies, more often than not, is financial suicide. Remember, when you are investing, you are buying a portion of the business itself-not just it’s stock price.
Most investors never make this critical distinction. If you were to buy a business, don’t you think you’d want to make sure it had been profitable and proven that it would bring you income on a consistent basis?
Unfortunately, the vast majority of investors don’t think this way. Instead, they always want to invest in the smaller, exciting stock that will make a killing overnight. While you can make some money with these smaller companies, you will almost for sure lose money in the long run.
However, don’t simply stop looking at how well the company is run. You also have to look at the stock price to determine if it’s a good time to buy. If the market is undervaluing the stock, then you should. How do you determine if the company is selling at a good price?
You need to figure out the companies’ intrinsic value, and then look at the companies’ market share. If the stock is selling at least a 25% (preferably higher) discount, it would probably be a good time to start investing
These are some simple beginner investing tips to get you started in your investing endeavors. Remember, investing is a long term game, and should be treated as such. Become financially educated, be patient, and you will make a killing on the market.
Friday, May 2, 2008
The First Step Towards A Comfortable Life
As a baby boomer, I was guilty of what many in my generation have also fallen victim to, not preparing adequately for the future by investing in the markets. Most of us never gave a thought to the fact that one day we wouldn't be young anymore and that there would come a time when we would either want to quit working or need to quit working.
But now as I think about it, I think that most people that are growing older now still aren't preparing themselves properly. In our country companies have been allowed to sack the retirement programs that had seemed stable for so many. And what about social security? Will that be around for most people?
It seems incredible to think that there is no universal retirement system for the citizens. You are basically on your own if you expect to have any money on which to retire. And the amount can be staggering and is going up all of the time. By all estimates, a standard middle class couple, like my wife and I, who retire at 65 will need approximately $1.5 million! It takes some time to get that squirreled away. How about you? Have you started investing yet? It's never to early to start, but it may be too late if you wait too long.
I know it's difficult to think about growing old and having to set aside money that we would rather have fun with. We all want to have fun, but the earlier you begin the better off you will be in the long run, and, the easier it is. So, no matter what your age, or experience, you need to begin investing. It's time to check out beginner investing online. It all starts with your home computer. You can't get any more convenient than that!
It's time to invest in yourself and how the process works so that you don't make any serious errors. After all, you certainly don't want to be one of those individuals who bets all they have, only to lose everything. Instead, you should always start out small.
With beginner investing online you are able to put your hard-earned money into small investments to see how they do. If this proves successful, you then may wish to up the ante and to try investing a little more. This may be the perfect way to start, or to supplement, your retirement plan. With access to the World-Wide-Web it' has never been easier to read up on a variety of helpful tips concerning investing.
It's all up to you. Will you be scraping by, working at McDonalds when you're in your late 60's, early 70's, and beyond. Or, will you take that first step and start your online investment journey?
But now as I think about it, I think that most people that are growing older now still aren't preparing themselves properly. In our country companies have been allowed to sack the retirement programs that had seemed stable for so many. And what about social security? Will that be around for most people?
It seems incredible to think that there is no universal retirement system for the citizens. You are basically on your own if you expect to have any money on which to retire. And the amount can be staggering and is going up all of the time. By all estimates, a standard middle class couple, like my wife and I, who retire at 65 will need approximately $1.5 million! It takes some time to get that squirreled away. How about you? Have you started investing yet? It's never to early to start, but it may be too late if you wait too long.
I know it's difficult to think about growing old and having to set aside money that we would rather have fun with. We all want to have fun, but the earlier you begin the better off you will be in the long run, and, the easier it is. So, no matter what your age, or experience, you need to begin investing. It's time to check out beginner investing online. It all starts with your home computer. You can't get any more convenient than that!
It's time to invest in yourself and how the process works so that you don't make any serious errors. After all, you certainly don't want to be one of those individuals who bets all they have, only to lose everything. Instead, you should always start out small.
With beginner investing online you are able to put your hard-earned money into small investments to see how they do. If this proves successful, you then may wish to up the ante and to try investing a little more. This may be the perfect way to start, or to supplement, your retirement plan. With access to the World-Wide-Web it' has never been easier to read up on a variety of helpful tips concerning investing.
It's all up to you. Will you be scraping by, working at McDonalds when you're in your late 60's, early 70's, and beyond. Or, will you take that first step and start your online investment journey?
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