And if not, why not?
It is always amazing to me when I am at an event, luncheon, seminar, or wherever and hear people talking about stock investing and TIMING, as in “hey, I remember when stock X was at Y and if I had purchased at that time, etc.”
But the deeper question is, why didn’t they buy at that time?
Typically, I think it’s because people think of stock investing as a matter of finding the “perfect time” to invest. But they don’t seem to understand that “knowledge plus patience” is the key to any type of success, including stock investing.
Investing in the stock market is like any relationship, it requires time to get to know the company, understand what can affect the company’s earnings, how they plan to continue to grow their product or service. Sometimes these answers are not easy to find but if you receive their news alerts, read articles on them, and watch their industry you usually can develop a relationship which will allow you to hold on when some unexpected action causes their stock to fall.
Patience is an important value to develop when investing. The longer you hold a stock the more opportunity you are giving the company to expand and bring you financial rewards.
Knowledge becomes power only though organization and USE.
Let’s have a conversation
Let’s get together and I will help you experience — and understand — how your money will grow in the world of long-term investments. Let me show you how much fun it can be! Call me, Vicki L Wille, today at 702-878-9562.
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