Buy The Book Before The Speculation
Your best wealth protection is knowledge.
investment books before you invest
It is amazing that people
that will bet their future based on the recommendation
of a commissioned salesman.
A investment broker or
market analyst is there to make money, not to study
the market. If you walk into a broker's office you will
find him on the phone trying to get more customers so
he can replace you when you go broke.
If your stock
broker knew how to speculate successfully - he would.
What he does know is how to sell. If the analyst he
quotes, the one that works for his company, knew how
to beat the market the analyst would not be
working a desk job.
Before you invest
a dime, study the markets you are going to enter. Then
find the cheapest broker that knows how to put in an
order properly and promptly; check his firm to be sure
they are sound.
For the cost of a commission
or two you can buy several books. For the money you
could lose by not being personally aware, you could
buy a library.
Ten years from now your
returns will be far better for spending some time learning
to speculate now. A short delay to read before you start
speculating can only make a positive difference.
If you anticipate investing
an an unfamiliar market - buy the book first. Better
yet buy several books.
Take the time to read
the books and plan the trade.
The trade of the
century comes several times a year.
Study so as to be ready for it.
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