Statistics show that most businessmen, starting their first business, take as a partner their close friends. This is dictated by the desire to find understanding with a partner, as well as to maintain warm relations in business, solving all arising questions in a pleasant company. As a rule, at first, the presence of a partner is not a problem, but over time the situation may change radically.
The same statistics confirms that at a certain stage, when a business reaches a certain level of its development, partners who are also friends in everyday life often cease to understand each other. 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
Regardless of whether you will invest your money for the long term and rarely make separate transactions for buying / selling stocks and other assets, or decide to actively speculate while concluding a large number of transactions, in any case you will have to do everything in independent trading. these transactions are traded. Oddly enough, many stop the fear of the exchange as before something very difficult. This is a big mistake, and now I will try to dispel these fears.
We have already spoken about how to choose a broker, and we will not touch on this here. Continue reading