Comfort Zone Investing: The Path to Investing Wisdom

Filed under: General Motors (GM), Comfort Zone Investing

All investors start at the beginning. They know very little, maybe nothing, but they see the stock market can make them money, big money. It can also take all their money and never even say thank you. If you're just starting out as an investor, follow these guidelines to help you minimize your mistakes and maximize your money.

First, understand that you are stepping into a world many have spent decades deciphering. You are a novice. You know nothing about the landmines that lie beneath. There are many and they can (and will) explode at any moment, usually the moments when you least expect them. Investing is fraught with danger like bankruptcies (even huge companies ... see GM), crooked management (very rare but when caught, very expensive ... to you), and many other disappointments that will cause sleepless nights. Scared? Good. You should be. Now you're in the right frame of mind.

Continue reading Comfort Zone Investing: The Path to Investing Wisdom

Comfort Zone Investing: The Path to Investing Wisdom originally appeared on BloggingStocks on Sat, 22 Jan 2011 10:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

Full story at http://www.pheedcontent.com/click.phdo?i=b52b55e37fd4ec220cdee650caa63fb6