Investing in the stock market should be shunned by most investors, because they don't have the stomach for the nasty downturns that the stock market produces form time to time. Most stock market predictors make their money from subscribers, and as guest speakers. Take their advice with a grain of salt.
Thursday, December 17, 2009
Stock market investing
Never put more than 80% of your money in the stock market. When it turns ugly you will glad you did. The 20% should be in a savings or money market bank account for fast access.
Fear is the biggest detriment to achieving success, whether you are investing, or in the workplace. Overcome fear, and do your homework, and you are heading your life in the right direction.
Fear is the biggest detriment to achieving success, whether you are investing, or in the workplace. Overcome fear, and do your homework, and you are heading your life in the right direction.
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