On social media, you have more than likely stumbled upon at least a dozen successful traders, pitching their investing group chat/course.
And while initially the hype may be real, stock investing certainly does have its risks. Try and go beyond your borderline delusional visions of being a multi-millionaire investor, and move on to the actual learning curve. Otherwise, well, you may end up bankrupt.
As we already mentioned, investing in stocks can make or break your wealth status, so the question of whether or not YOU should invest is quite personal.
To answer this question, you have to ask yourself OTHER questions (hint: They’re not ‘Do I want Millions?).
Before you light a candle (pun pun pun), ask yourself this:
1.Am I ready to lose some money?
2.Would I like tracking charts?
3.Am I good at pattern recognition?
4.Would I like researching companies?
5.Can I really dedicate my time to learning this?
These are the things that will take a big portion of your time once you become a serious investor/trader.
Categories: : Investment