Stock Investing
Stock Investing
There are many ways of investing your money. I was a teenager when I started to invest. At the age of fifteen, I started to buy my first share. You might wonder this person might be lying. I was using my dad account to trade. You might wonder why I get the money. The source of income is from my vacation job. I was rather lucky I make with few hundred to thousands. I spend money freely as if the money is free.
You might wonder why it is so. I was buying in a bull market. I was very fortunate. I do not know why this will end. I spent time shopping and playing here and there. I even give treats to some friends whom I meet only once. One fine day, I happened to realize that the uncle and auntie in the market selling meat and vegetable are turning to stock market.
They simply ignored the customers. I began to realize that the stock crash will be coming soon. I told my dad and uncle I will be withdrawing all my money. I even got a scolding from my father saying I was a kid who knows nothing.
I do admit I know nothing then but I do know good things will come to an end. Eventually, the stock market crash. As a result, my dad and uncle lost ton of money. My dad even blamed me for not telling him. I had to suffer in silence and I tell him that I do tell him but he ignored me.
Over the years, I spent money reading books and attend some technical analysis courses.
I was even offered by some people to come out and teach. We can ride on bull market and sell when the time is ripe. If the stock market crashes, we should pick some good stock with good fundamental. We can make a lot of money from it.
We just need to hold it for a few months to a year or two to see the cool profit. The investor just needs to ride and enjoy the good returns.
There are many so-called gurus who charged thousands of dollars for their course fees. Personally, I had shared with people what I intended to buy. Some people who known me will buy. However, most people who do not know me will tend to ignore me. After some time, they regret and come to me for more advice. This time round, I turn them off. Some people just wanted more from me as they want free advice. There is no such thing as free consultation lifetime. It is rather sad people just want more and did not return anything in return. I was glad that some people give back to society as I did. Bill Gates is one such person who setup his foundation.
There is tons of free technical software around the globe. You do not need to pay a dime for it. Just do your home work and don't be greedy. There is no shortcut. We just do our fundamental and technical analysis before we put our money in. If we know the market well, we will know what to do. Do not get fool by many advisors who earned commission from their customer when they make any share transaction.
After getting the right pick of stock, you will enjoy not only the share profits. You will able to have more money to invest in more capital oriented such as real estate.
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