There are many different ways to invest in world markets: stocks, bonds, mutual funds, options, commodities or currencies. Sometimes people refer to these options as investment vehicles (or method of investment). Some of these vehicles may fit your personal characteristics or lifestyle better than others. The point is that no matter the method you choose to invest, the goal is always to put your money to work so it earns you a profit. Even though this is a simple idea, it is the most important idea you should understand.
Second important idea you should understand is that investing is not about gambling or betting. It is about money management, compounding and psychology. Investing in the world markets, of course, worth learning. The rewards will far outweigh the required effort.
It is impossible to accumulate all the information about investing in one site as it would result in a huge library of tens of millions pages in it. HeYou can find books to read, video courses to watch for your personal financial education at www.RichTrack.com.
Typical mistakes to avoid
1. You shouldn't allow banks, or investment professionals to push your money in directions you don't understand. No one knows better than you what is best for you and your money.
2. Many investors fail because they invest "on the fly", without the benefit of any pre-determined trading plan. It is critical to have a complete, thought out plan of action before starting investing.
3. Trading against a trend. Trend is your friend. Investors who ignore price trends when trying to pick a stock's peaks and bottoms are rarely successful.
4. Not adhering to a money management. Remember, money management and asset allocation strategy has significant impact to your investing success.
5. Lack of discipline. It is essential to have a list of rules that must be followed strictly.
Written by Helen Peshkova, RichTrack.com.
http://www.RichTrack.com is one of the first business oriented education portals. It's the leading online business information network for millionaires. The goal of RichTrack.com is to present business content in a professional, helpful and practical format that helps you getting rich.
![]() |
|
![]() |
|
![]() |
|
![]() |
It is important to answer the following questions before you... Read More
A Business Plan, as all good entrepreneurs starting out in... Read More
Here is a small summary of the three major approaches... Read More
Ask this question to 100 people and you will receive... Read More
The following lists of questions are suggested questions to ask... Read More
Investors are always looking for the best investments that will... Read More
Before every protective put trade it is possible to calculate... Read More
Are you ready to open your pathway to financial independence?Well... Read More
I'm sitting here at my computer desk with a cup... Read More
Q. What is a basket?A basket is a group of... Read More
Investments are scary for some people, especially those who have... Read More
If you own a company that sells complicated products and... Read More
When thinking about the investors business daily responsibilities in today’s... Read More
Of the 75 million baby boomers nearing retirement today, many... Read More
Almost without exception, people don't start planning for their retirement... Read More
You may like your financial advisor, but is he really... Read More
One among many ways you lose money in non-indexed mutual... Read More
High Yield Investment Programs (HYIPs) appear at first to be... Read More
One of the greatest preconstruction investing issues that I hear... Read More
One of the fundamental principles of finance is the concept... Read More
Let me tell you about some legal ways to avoid... Read More
What are the risks?Today, investors are increasingly turning to global... Read More
Purpose: Expose Opportunities for Smart InvestorsThe move by China's central... Read More
Find out everything you need to know about buy to... Read More
The financial characteristics of the automobile dealership are attractive:". .... Read More
The most basic aspect of trading is learning to differentiate... Read More
Everyone's talking about China. Don't miss the opportunities in the... Read More
Many people hear "retirement" and think- what? 401K? Roth vs.... Read More
Investing and Trading are not the same thing. The returns... Read More
Expectations drive the market. Every stock price is driven by... Read More
Leaders are stocks that breakout immediately when the market confirms... Read More
Suggesting the use of a franchise business as a vehicle... Read More
The Moving Average Convergence Divergence charts, or MACD charts for... Read More
If you own a company that sells complicated products and... Read More
One important aspect of trading the markets is to understand... Read More
(Please have a glass of water within reach before reading... Read More
Almost without exception, people don't start planning for their retirement... Read More
As I take my leisurely walk with my dog through... Read More
There is one indicator more than any other which determines... Read More
Setting Up a Paper Trading AccountQuestion: I cannot trade with... Read More
If you are interested in stock investing and the stock... Read More
"The American Age of Inflation is finished." So says economist... Read More
With so many financial advisors trying to woo you with... Read More
Let's start by saying: You can't be afraid to take... Read More
The Roth is kind of weird until you get used... Read More
About 6 years ago I started to notice that certain... Read More
The world of trading can get very complex because the... Read More
The one thing I can think of that most affects... Read More
Where is the second biggest deposit of oil reserves in... Read More
How do you make your investment decisions and where do... Read More
Over 80% of all individual investors lose money in any... Read More
You all know what CYA stands for. Of course, Cover... Read More
What are the risks?Today, investors are increasingly turning to global... Read More
To create momentum in your options trading you need to... Read More
Many people hear "retirement" and think- what? 401K? Roth vs.... Read More
A Savings Incentive Match Plan for Employees plan, better known... Read More
Firing an employee seems to be easier and easier for... Read More
By definition, value investing is the process of selecting stocks... Read More
Many people buy annuities according to their agent's recommendations. However,... Read More
Shorts. Let's see. If there are shorts there must be... Read More
The technology boom of the '90s romanticized the "rags-to-riches" ideal... Read More
A way that investors get ripped off and in a... Read More
If you've decided to stock some money away in a... Read More
It is important to note that every smart investor wants... Read More
I've been involved in online trading, specifically with stock and... Read More
Denial is a ubiquitous psychological defense mechanism. It involves the... Read More
Investing |