Saturday, March 12, 2011

How Investing should be Done

If you ask a group of persons who are dealing with the stock market why he is investing or trading, many would tell you that they invest because they want to gain or profit from the market. Only a few would actually tell you they have a specific goal with their money.

Making a profit is not a goal. It is just a phase where one outperforms the other. The thing is, many players are simply playing in the feild wanting to win but do not know what to do after they win.

A great adviser once told me that a person should NOT invest to make profit, rather, one should invest to meet a specific goal.

If your goal is for your retirement plan then always put that in mind when placing money in the stock market. Do not be disturbed by media, nay-sayers and negative thinkers. As long as you know what you are doing and is surrounded by supportive friends and good decision making then surely you will hit your goal.

~Till then.

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