The bag bug
One of the discussions which would lend itself to discussion is the stock exchange. Who has been tempted, ever invest in stock market? Who has not heard a family member, friend, acquaintance who has earned a fortune with the company’s shares x …? Who has not heard any news that you always purchase such divestment is or go for “Easter”?
The point is that we function as a flock and at the end where Vincent will people go … and much more if the reward is little money easily and with minimal effort.
In one of these talks a good friend let me be clear that not a scare, with the bloody game in the bag, it was best to be clear that we should only play with money on us, long-term investing in sectors / companies we know. Three things are clear that we can prevent more than a scare.
1. Invest the money you do not need: The stock market is not best place to play with your monthly income or money that you need at short notice and you could lose everything invested. The truth is that many of us invest in the knowledge that we’ll lose anything or if we will be very little. However all may come to pass. Everything.
2. Long Term Investing: Most companies that generate stable long-term benefits are companies that generate a small performance with a small risk. The opposite is playing with a high risk investment, is to play volatilize our money. You can work out the move but it can go wrong.
3. Invest in what you know: Ignorance of a sector and investing is a mistake to comment on most of the newcomers. Be guided by siren is not consistent because at any moment we could wake up from sleep. To reverse it safe you know the company, sector, profits, investments, its management, its objectives and all you can about how to make money or earn money as you think in the coming years. All with the aim of finding out whether you should continue investing in the company that you like or have time to change.
Three matters of common sense but thanks for the chat Manu and guidance.
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