Publisher's Synopsis
Learn how to invest and start making money, even if you have never traded stocks before!
When looking for a place to grow your money, there are various options that you can explore. You could save your money at home in a large jar so that you can spend it later, or you could put it in the bank and watch it earn nominal interest. Another option would be to purchase stocks, which can give you an excellent return.
A stock can also be referred to as a share, and it is a share in the ownership of an organization. Owning stocks does not make you responsible for the day to day running of the company. You can benefit when the company becomes profitable. The reason this is possible is that owning stocks allows you to claim the overall earnings of an organization, as well as any assets that they may own. The benefits you enjoy can increase with the more stock you purchase and own from the organization.
With this book you will learn:
- The Basics
- How to Start
- Winning Trading Strategies
- Risks and Volatility
- 10 Hints, Tips, and Tricks
- 13 Mistakes to Avoid
- How to get the Right News at the Right Time
- 5 Tips That Will Take Your Stock Trading Strategies from Good to Great
- And Much More
If it were that simple to make money on stocks, then everyone would be trading in them. However, there is one concerning element to stock trading, and that is high risks. There is always the risk of losing your entire investment if the stock that you purchase depreciates. That is why before you dive into the world of stock trading, it is crucial to have some primary education on trading, which will help with planning as well as avoiding falling into the various traps that befall some investors. It should, however, be noted that any investment requires some bit of risk-taking. Hence, risks are not only expected in stock trading.
