Monday, April 21, 2008

The Introduction to Investing

This is my first Post. I'm 23 years old student currently beginning his journey into the world of the stock market. Why? well I want to be someone that change this world. Maybe it unreasonable to think like me, but my goal is to make enough money so I could put a stamp into the saddening society we live in. I believe that working everyday or doing the norm will not allow me to achieve my goal. I need Billions and billions of dollars if I wanted to change the world we live in. Well I have this ideas that if we wanted a better society we need to start teaching our kids (the younger generation ) to become better people. In school, we taught how to become smart, how to make money and become successful, and how to be better then the classmate next to us. No one ever taught us how to become a good person, what is the real value of having good friends and the important of the people around us. It was assumed that we know these value. In reality most of us struggle to figure this out, what do we really want? What is happiness? what is success? Unfortunately for some they never figure it out and end up being the problems of our society. For the fortunate One that figure it out, they manage to have a decent life(very few ever figure it out completely). Even as I'm writing this blog, I hasn't completely figure it out. But as far as changing society , we have to start with the next generation and help them become good people. The Only way I could do so in my life time, Is to make enough money in the stock market and Spreading concept to the people around me.

Now, As for Learning how to beat the market. First I began with reading many books about the stock market. I draw a conclusion ( not a set of rule , because when it come to stock, there is no exact method or way to have success). First , You have to understand yourself, ( what type of investor am I?). We're not warren buffet , what we think and the decision we make is not the same as warren Buffet or any other people that we try to follow. Second , Like all good investor we do our homework and know the stock we invest in. Because Knowledge is irreplaceable( the more we have the better the decision we make). Third, You have to love the idea of investing. This is what make great investor great , There decision aren't waver and are decisive because they love investing. When they fail, they learned, and they move on to the next one.( It like playing a sport, you lose some you win some, but the great one will win more then they lose, because they love it and they'll try to be better at it the next time). TO be Continued............

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