Stock market! Is it for me? No, it’s gambling. The moment I buy any stock, the price of the stock goes down. I see a quick loss in my account. Exactly the opposite is happening when I am selling my stocks. The moment I sell the stock, the stock price is skyrocketing. Why is this happening to me? Why is God playing this game with me every time? This is NOT fair, as all my money is hard earned money. I haven’t looted anyone and invested in the stock market. Now I will NOT invest a single dime in the stock.
Well, when you buy any stock, mostly with your “GUT FEELINGS” or on your “KNOWLEDGEABLE” friend’s suggestion, have you ever done any search about the company? What is the sticker price of stock? How can you calculate the real value of the stock? Is it the right time to buy the stock?
Or shall I ask my friend who has “KNOWLEDGE” of stock? My friend is great in stock. He has “ALWAYS” gained profit in the stock market. Let me use my friend’s knowledge and buy the stock. My friend told me to buy the stock. I bought the stock. Again, the same sh***t is happening. The moment I bought the stock as per my friend’s suggestion, I still lost my money.
Believe me, this is NOT only your story but most of us have gone through this hell. I have personally lost quite a bit of my hard-earned money. So, what’s happening? Why am I NOT 100% successful with the stocks? And how Warren Buffet and other people can squeeze the milk from the Share Market Big Bulls?
Everyone is wondering about these questions. Who will really guide us? I am not a finance guy. Please take my money and give me at least 10 to 15% returns every year on my money. Is there any bank, who can do that? Otherwise, the best way is I just buy real estate and I can get a rent every month. This investment at least provides me with 5 to 6% return on my investment, or it will force compulsory savings for me. That’s also correct.
But is there anyone who can guide me to invest wisely in the stock market? Answer is YES. You will NOT see heaven unless you DIE. Hold on! I am not asking you to die, but recommending one nice book, which I came across. This book will guide you to evaluate the stock price. Once you evaluate the stock price, you will find the timing of stock buying and stock selling. You don’t want an “EXPERT” opinion of your genius friend.
So, what’s the name of the book? Well, the name of the book is RULE#1 by PHILL TOWN. A real guiding torch for stock valuation and buying without being a genius in Math or Finance.
Most important thing in the stock market is PATIENCE.
Keep in mind, “Buy the Business and NOT Stock.”
Best luck with your Stock Trade!
