Just For Thinking ....
"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder
In the stock market, every body is learning and re-learning from their own mistakes and from other publicised mistakes. Most of the time, every one is looking to sharpen up their investing skills to win. All these will definitely make our self-directed learning and re-learning in investing even more difficult and challenging. Why?
Because somebody must Lose!!!
When the winners win big in the stock market; many others must collectively lose their money to the winners. The winners will take all at the moment; but the current winners may become the next losers in the future rounds. It is never a sure win game!
When we come to the stock market thinking of making more money from stocks; there will be many more others doing the exact to us thinking of how to take away more money from us.
Read? In the stock market where does the Money come from?
Read more? Articles related to market.
Self-directed learning is not that easy. Right? It is especially true for those who don't treat investing as their second part-time job. When investing becomes a job; it will mean that you will have to put in lots of time, effort and energy to earn that right to be in the market place to make that level of money. But, actually how many of us are thinking that investing is our second job? This second job may even out last our very first job beyond the official retirement age in Singapore.
Has investing become your second job?
I believe many of us will need a second job as our first job may not be good enough for us to firmly secure our retirement financial needs after years of inflationary impact.
(Post 130/ year 2 week 56) Learning investing/trading together part 22:How to purchase a stock?(FSM) - In the last Learning investing/trading post,i mention that i have started open an account with FundSuperMart(FSM),which has the lowest brokerage cost in Si...
5 hours ago