Millions of people all over the world dream of their own business, but they cannot cope with the popular controversy – this is the confrontation between money and a favorite cause. What to choose? Popular business trainers tend to give conflicting advice. Where is the truth? Let’s try to figure it out. In this article, we will analyze in turn the various approaches to doing business and determine the development path that is right for you. Continue reading
Recently, due to lower interest rates on bank deposits, more and more people are starting to pay attention to alternative sources of additional income – financial instruments such as stocks and bonds. Both those and others are known to be traded on the stock exchange and it is there that one can buy and sell them fairly easily and simply. However, a private investor cannot go directly to the exchange. Direct access to stock trading are only professional participants of the securities market – brokers, dealers and trustees. Continue reading
Hoping for good luck
Very often, the stock market is compared to a casino or a lottery. Lucky-no luck. This is completely untrue, but many people approach to work on financial markets from this very point of view. And really satisfied with their work in the casino market. But … you know who wins in roulette? First of all, the casino itself! Therefore, if the financial market for you is a roulette, then you have exactly the same chance of success as in a real casino, that is, zero!
How to avoid it? First, with the help of a long term investment. Continue reading