Things to remember before investing into the stock market!
Updated: Dec 3, 2020
Manny Wilson, Founder of The Run USA.
Have you ever thought about investing into the stock market? Here are a few things to consider before you believe the outrageous assumptions and myths about trading.
It is impossible to lose more than what you choose to Invest.
A large misconception is that people lose everything by investing into the stock market. However, you can never lose more than what you initially invest from your wallet. Numbers will always fluctuate which means there will always be new opportunities to make a move. Therefore, AVOID impulsively buying or selling a stock! Another opportunity will present itself as time continues to move forward. Continue to self-educate before jumping into the stock market.
Investing in your future does not necessarily mean putting all of your money into long-term stocks. There are various ways to safely invest for your future. Furthermore, it can be extremely beneficial to invest in long-term stocks that offer dividends. A dividend (Dividend per share - DPS) is a payment made by a corporation to its shareholders. Dividends allow you to make a profit regardless of how well the stock is performing in the market. Your initial investment will bring in a profit as long as the company has a bright and secure future. Here is a video that thoroughly explains dividends...https://www.youtube.com/watch?v=wTCJfPtFvNM .
Slow growth is better than no growth.
Any profit is better than no profit. Start small and expand your growth as you become more experienced. Do not feel pressured to quickly throw money at the market because others are making large profits. It takes time to thoroughly understand tendencies and patterns of specific stocks in the market. Be patient, research every move and NEVER trade based on your emotions if you choose to trade options.
Follow us on Instagram: @TheRunPodcast
Follow us on Twitter: @PodcastTheRun
Subscribe to our Youtube: The Run with Manny Wilson
Check out our Podcast: https://podcasts.apple.com/us/podcast/the-run-with-manny-wilson/id1418184885