Buying stocks is an investment. Investment means expecting returns. It is more like any other business; even like a farmer expecting to harvest good returns. When we have some spare cash, it is human to try to make that earn for us. Buying stock is one way of making our money work for us.
Wait a moment.
"I agreed to accept money to not report suspicious trading activity to upper management at Assent," “Broker pleads guilty in U.S. trading case” Yahoo News, 04/12/2008
Such people are out there.
These make the innocent investors’ lose money. During the recent downtrend some billions have disappeared into thin air. When companies and banks lose the Governments extend a helping hand. But from the faceless individual investor even the shirt he is wearing is taken away.
There are many to extend free advice and analysis on buying stocks. From your friend who has invested in stock to the broker and online advisors as well. The temptation normally occurs through hearing rumors of friends making good profits and stories in magazines of people striking a fortune in stock market.
Be sure to select a company on which you can say in a few easy-to-understand words what it does.
Success and good returns make one happy and confident.
Success breeds success??!!
After all is said and done, it is buying stocks that surely opens the gates for future prosperity.
I know of people who hang the picture of Ambani and go for daily jobbing.
Avial
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