Just For Thinking ...
Read? Minimum of 10,000 hours hard work
How many retail investors are willing to put in a minimum of 10,000 hours hard work into their investing journey to make it a success?
Most of them are just willing to save more and invest money instead of spending some more quality time into acquiring investing knowledge and skills to survive in the market.
Putting avearge of one hour per day of learning and soaking into financial news etc ...
You will become expert in 27 years across 4-6 market cycles of Bull and Bear.
Putting average of two hours per day of learning and soaking into financial news etc ...
You will become expert in 14 years across 2-3 market cycles of Bull and Bear
(Uncle8888 is in this stage of learning)
Putting average of three hours per day of learning and soaking into financial news etc ...
You will become expert in 7years across 1-2 market cycles of Bull and Bear.
"Tell a man there are 300 billion stars in the universe and he'll believe
you. Tell him a bench has wet paint on it and he'll have to touch to be
sure." - Murphy
So did you see stars or bench?
(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