Freeminds
Bitter defrocked apostate
A key thing to remember, whether you're playing along at home or using the cash reserves of your manipulative Cold War era UFO cult... is that the returns you enjoy don't mean a thing... not a single thing... until the day when you stop playing, and cash out. Anybody can see a particular share double in value, and assume that it'll double again. If you stay 'in', you might stay just long enough to see a big fall... and if you cash out, you might do so just before a big rise. In other words, you'll always run the risk of being wrong.
Remember that a lot the stock market stories that people will tell you are like a lot of fishing stories. In reality, making money this way is hard work. In fact, making money is like misleading; you can only really win when somebody else is losing. Like energy, money can't really be created or destroyed; only changed. (When governments 'make' money, savers get poorer.) And there's always somebody with inside information, or more buying power than you, or simply a faster means of communication with their broker.
Avoid the hell out of big ticket commodities like gold: there are too many professionals who have subscriptions to much better information sources than you do. They'll let you play - welcome you with open arms - but only because there always have to be some losers, in order for others to be winners. See above.
Also, don't get into day trading. It will eat up your life and give you an ulcer. For professionals who want to burn out by 40, and whose work involves staring simultaneously at nine different monitors... good luck to them. But if you get into day trading the prices will always be at the back of your mind. You'll become a bad workmate and a bad family member who never does anything except sneak off to look at the latest market figures. And, incidentally, a crashing bore. Avoid. Choose a company that you care about or feel good about, and stay in for the long game... and only gamble with what you can afford to lose.
And don't trust anything you read on the Internet. Including this. But remember that your money is better being given a chance of working for you, than residing on account in some cult ledger, or handed over for a shelf full of the 5th edition of LRH's incoherent bullshit. Have fun with whatever you choose to do!
Remember that a lot the stock market stories that people will tell you are like a lot of fishing stories. In reality, making money this way is hard work. In fact, making money is like misleading; you can only really win when somebody else is losing. Like energy, money can't really be created or destroyed; only changed. (When governments 'make' money, savers get poorer.) And there's always somebody with inside information, or more buying power than you, or simply a faster means of communication with their broker.
Avoid the hell out of big ticket commodities like gold: there are too many professionals who have subscriptions to much better information sources than you do. They'll let you play - welcome you with open arms - but only because there always have to be some losers, in order for others to be winners. See above.
Also, don't get into day trading. It will eat up your life and give you an ulcer. For professionals who want to burn out by 40, and whose work involves staring simultaneously at nine different monitors... good luck to them. But if you get into day trading the prices will always be at the back of your mind. You'll become a bad workmate and a bad family member who never does anything except sneak off to look at the latest market figures. And, incidentally, a crashing bore. Avoid. Choose a company that you care about or feel good about, and stay in for the long game... and only gamble with what you can afford to lose.
And don't trust anything you read on the Internet. Including this. But remember that your money is better being given a chance of working for you, than residing on account in some cult ledger, or handed over for a shelf full of the 5th edition of LRH's incoherent bullshit. Have fun with whatever you choose to do!