Quote:
Originally Posted by JMintzer
You "fully understand" the Stock Market?
If so, you're the only one!  |
The stock market details and ups and downs can NOT be predicted / "understood" in the short term. An investor can NOT pick an Individual stock and invest ALL their money because they got some TIP from a TV financial show or a friend who knows someone high up in some company or industry. That amounts to gambling, not investing. People get TIPS on long-shot stocks and act on them. That is a good way to lose hard-earned money.
There is a way (a method) to use the market to accumulate wealth over TIME. You MUST have 20 or 30 years of TIME. Which most seniors do NOT have.......but their GRANDCHILDREN do! The reason having TIME works so well is because the US stock market and that of most western countries have a graph that (OVER TIME) goes from lower left to upper right. Barring a nuclear holocaust over TIME the market ONLY goes IP
........to be continued