5 Things You Should Know Before You Invest On The Stock Market
The stock market is an untamed animal, a wild beast. Sometimes, it is a raging bull that lifts and throws all stocks upwards into the sky. Sometimes it is a marauding bear that beats all stocks into the ground with brute force. And if you are entering the stock market, you have to ride this beast. It can be a rough ride or it can be smooth one depending on how you handle yourself. But, hey, you can take your precautions and plan your investments well if you keep these five factors in mind:
1. There is always a limit: Every player on the stock market must not play beyond his means. The bottom line is that if you play beyond your financial capacity, and something goes wrong, you will end up with a loss of face and your family will feel the aftershocks. It’s better to control risk appetites and adventurism while playing the stock market after all, it is a market, not a jungle that needs to be explored.
2. There is no room for emotions: Never ever get emotionally attached to any stock. Stocks are an asset class and you must look at them as such. If you don’t, and you keep holding a...
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