Skip to main content

Posts

Showing posts with the label Stock Market

What stock market is not?

The idea behind this piece is to share thoughts on what stock market is. Well then, I thought why not use the principal of inversion and explain what stock market is not. It is easier to explain what it is not and helps me use the simplicity principle. Let’s dive in: Not a get quick rick scheme : In no way is the stock market a place to get rich quick. If anyone tells you otherwise do yourself a favor and avoid listening to that person. Just hammer it in your mind that if it were so easy everyone would become rich overnight. Think about why the person is sharing the tip with you if it really works & is easy. It takes a lot of patience, courage, knowing yourself and hard work to build wealth. Above all it takes time. It is like watching the seeds you sow grow into a plant and bear fruits. The road is bumpy and time consuming. It will test you every now and then. It is akin to building a house where you have to lay a foundation (investing philosophy), lay brick by brick (addi...