What It Takes For Successful Stock Investing
By SACH4ISHA
@SACH4ISHA (1163)
India
December 4, 2006 10:19am CST
What It Takes For Successful Stock Investing One may not immediately be aware of it, but stock investing is a means to stable personal financial status. It is not unnatural for people at this day and age to look for opportunities to augment their income. Someone who works for a living, is more often than not unsatisfied with what he is earning from his day job. The nine-to-five work arrangement may sure provide for his daily expenses, but rarely does he manage to save a good amount of it. Most of the income from employment is spent on necessities, barely leaving any amount to allocate for extra income. For those fortunate enough to have surplus income, they invest the money by depositing it in a bank and letting the money grow via the bank's imposed interest rates. However, the income generated via this rather traditional way is not as profitable as one may think. Usually, the inflation rate is higher than the interest rate which makes the bank alternative a losing deal.
It is this seemingly lack of opportunity to grow one's savings which drives most of the working men and women to take on extra jobs other than their regular apartment. This is one way of increasing one's income and savings, but eventually it takes its toll on the health of the working individual, as his rest period and time off work is severely compromised. There are those who have saved a significant amount of money start their own business, only to see this grandiose plan flounder because of sheer inability to handle a business. All these high-effort but low-return means to get your hands into more money leaves us with one overlooked alternative that relatively requires less effort but offers the biggest bang for your buck: stock investing.
2 responses
@jitin_w (33)
• India
4 Dec 06
I read the article trust me budy Its difficult to craete a portfolo and Overcome your greed this is How game works you break your temperament and discipline and you Loose the game.