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Giovanni Rigters

Stock Market Investing for Beginners & Dummies

You know that you need to start investing, because you won’t be able to work your whole life. You don’t want to be the old employee working as a door greeter at your big chain department store. It will also be frustrating and very depressing if you are not financially aware of your future. Time seems to go faster the older you get and it’s never too late to get started.
But getting started might be one of your problems. There is too much information available and too many scammers are trying to get you to invest in shady companies. You also don’t have the time to figure everything out by yourself, because it might seem too hard and complicated.
However, getting the investing part of your life handled will improve your life tremendously. You will have peace of mind when you think about your future and you will also have the confidence to make sound investing decisions. You’ll also have the knowledge to talk intelligently with your peers and financial advisors, making it easy to spot when someone is giving you wrong information.
I begin with the basics, like what are stocks and how the stock market works. I then transition into how you can make money in the stock market, give you some stocks you should have on your watch list and some of the lies and mistakes you will have to deal with as an investor.
52 printed pages
Original publication
2019
Publication year
2019
Have you already read it? How did you like it?
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Impressions

  • Mariia Chervinskashared an impression10 months ago
    👍Worth reading

  • b5854073165shared an impression3 years ago
    👍Worth reading

  • Vēsma Kipirinashared an impression4 years ago
    👍Worth reading
    💡Learnt A Lot

Quotes

  • b6469952101has quoted2 years ago
    The four main ways people can get rich are:
  • Rak Sahas quotedlast month
    There are benefits to owning both growth and income stocks. Growth stocks have the potential to increase in value fast, but they are also more volatile and risky. Income stocks on the other hand provide a consistent stream of dividend income but the stock itself might not appreciate in value as fast as a growth stock.
  • Rak Sahas quotedlast month
    time to get serious about your financial life and start thinking about the future. No one can and should work their whole life; you still want to enjoy life, spend quality time with your family and your body won't let you work forever. Also, nowadays you cannot rely on a pension like in the "good ole days".
    So, it's up to you and no one else to take the steps toward building your wealth. The process is not hard, but you will have to pay attention and spend some time learning about investing. There is no way around it.
    There are many ways you can invest, and there are many different investment accounts on the market, but it is not too hard or complicated to weed through the investment jungle. It’s also highly likely that you will start enjoying it and take it to the next level by investing in individual companies.
    First, we have to start with the basics of what stocks are and what the stock market is. We’ll delve into how to make money and what to do if there is a market crash. Then we’ll look at some common misconceptions and mistakes people make in the stock market. So, follow along with me as we traverse this jungle on our way to paradise.

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