Every time we cross the road there is risk, and it deepens the wider the divide between now and reaching the other side. A brightly lit side street is a breeze, but crossing the south super highway at 10 am on a hot sticky day is no mean task. It is no different when interpolating the chances of making an investment…
In order to succeed as an investor / trader, you must hone your skills in three key areas: Knowledge — Confidence — Discipline. Knowledge is your starting point! Without it you cannot hope to have confidence in the decisions you need to make and so you are probably better off leaving your money in the bank…
A couple I know in Sydney who got married in 1972, they bought a house which cost around $100,000. At that time, it was a very expensive property and they could only afford to buy it because their parents helped with the deposit. They lived in this house for 28 years, until 2000 when they divorced. As part of the settlement, they sold the house and split the money. The result: they were both millionaires…
When it comes to investment advice, there’s generally only ONE type of person you should take advice from – a Licensed Securities Dealer. These people are qualified – they’ve had to pass strict qualification examinations in order to get their licenses, and therefore understand the nuances of the industry…
It’s not hard to get negative – most people encounter multiple stages of negativity in a given day. It’s a perfectly natural thing. Staying positive all the time is actually extremely difficult. One way to overcome this is to develop your ability to flip the switch— to get those negative thoughts out of your head and move on to the positives that surround you.
Online Scammers don’t let up … probably because there’s enough gullible people out there who fall for their offers! When responding, many of these people don’t realise that the’re heading – in many cases – into a straight out SCAM.