Investing For Beginners
The Complete Beginner's Guide to Using Investing to Grow Your Money & Create Wealth
Copyright 2020 By Ben Stine All rights reserved.
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Table of Contents
C heers for taking your time to purchase the book, Investing for Beginners: The Complete Beginner's Guide to Using Investing to Grow Your Money & Create Wealth.
Forging your path towards a certain goal that others would think you are not capable of doing because you lack experience, knowledge, skills and ability can be exhilarating, challenging and exciting. And in every success you make in whatever field of specialization you may pursue there has an underlying story that serves as an inspiration to other people.
However, in every path you follow, there are obstacles that hinder your goal, but if you know how to face these trials, you will reach your destination. Your achievement is not a consequence of magic and luck, but it is the result of long years of hard work, perseverance, diligence, patience, discipline and most of all in believing yourself that you can do it.
As the saying goes, If others can make it, why cant I. Yes, indeed it is true that we can always do what others can, whether it is in business or in other fields. If not for these virtues possessed by the worlds most successful great men in the history of business and the financial world as a whole, there would be no such thing as stock investing, which has evolved since it was introduced in 1602, where the worlds first publicly traded company was established.
Those people who wanted to have changes in their lives have contributed to the success of stock investing in the world. Most of these notable people started from scratch until they became rich through their investing principles. If you have read the story of some great men in business, you are in great awe as to how they made millions of dollars in investments using their own principle and investing style.
The most popular among these men is none other than Warren Buffet, whose name is always included in writings and books about investment, quoting his contribution in stock investing and how he became a billionaire. His investment started in his early adolescence using the money he earned from his odd jobs. Truly, this man is worthy of emulation, and he has inspired us to become like him.
He conquered the stock market by beating it not with a gun, but by buying the market and operates it using his little knowledge taken from his readings of several economics books at a very young age. Can you imagine how this young man was able to carve his niche in the financial market? His exemplary record is a picture of hard work and dedication to his craft that turned him into a self-made man.
What about you? Do you have the guts to imitate his achievements? If you have no guts, you have no glory, as the saying goes. It also needs guts to get invested because without it you would not dare to spend your money in buying stocks that could lose its value in a short-term or during a market decline.
Try to observe, those people who excelled in stock investing are mostly men, with the likes of Peter Lynch, Carl Icahn, Jesse Livermore, John Neff, Benjamin Graham, George Soros, William Hunt Gross, John Bogle, Thomas Price, John Templeton, and not to forget-Warren Buffet.
With the list above, does it mean that only men can succeed in investing? Gender, race and age have nothing to do with ones success in investing. The secret of their success is based on the principles that they developed, modified what they have learned and applied it without any doubt.
Each one of them has its own style in gaining profits and the most notorious on this field is none other than Carl Icahn, who made his hostile takeover of the airline company TWA, that earned him the title as Corporate Raider.
We too can be like them, but we have to master the different methods, techniques and skills that they used on how to get started with investing. Conquer all your fears and do remember that investing is akin to gambling where your shares of stocks rely solely on the movement of the stock market, but they differ in the likes that gamble have a 50-50 chance of winning, while stock investing has 100 percent guaranteed returns if invested in a long term.
The highs and lows in the market will greatly affect the value of the stocks. Should you dream big? If you want to grow your wealth a hundredfold, investing is the key towards that goal. It is an excellent way to expand your hard earned money, by letting it move rather than keeping it in a piggy bank or rolling the money in your retail shop.
I am not saying that selling in a virtual or physical store is less superior than investing, but when you want to grow your money into thousands of dollars, this is the right place to do it. If money is your problem, you will be surprised at what the financial gurus are saying-that you can start investing with a small amount of money, the least is $1 to $5.
Would that be possible? That question will be answered in one of the chapters of this book. Theres more to this information about where to buy stocks and what the best stocks to purchase are. Although our focus in this book is about stocks, there are alternative investments that I can suggest to you to get you started with stock investing like cash, bonds, dividends, funds, real estate and to name a few.
I will tell you that investing is wider in scope, and it is easy to do it once you have talked to a financial advisor or chatted with a Robo advisor, which is gaining popularity nowadays. I understand that everyone is looking for an easy and cheaper way to invest their money and it is not a big problem if we think it outside of the box. As a beginner, you can start investing with a minimal initial deposit and increase it once your investment grows through diversification and a rebalancing of your portfolio.
While intelligence is a plus factor in any endeavor, this is only a part of the recipe of success, as what Peter Lynch has said that all of us have a brainpower to do business in the stock market. If you have a fifth-grade math, you are eligible to start the investment process. If you know a simple equation and knows a few simple principles from experienced investors, there is no reason why you cant be like Warren Buffet and Peter Lynch.
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