Seven deadly sins
In life there are seven deadly sins - in the share market there are a lot more but here are a few… Laziness – It is incredible just how little work some of us do before we invest. There is so much ignorance in life, let alone in investment, but many of us do little to help ourselves. Spend an hour researching a stock and you put yourself in the top 1 per cent of people that know anything about it. That’s quite an advantage. But spend 10 hours researching a stock and you put yourself in the top 0.00001 per cent of people that know anything about it. That’s a huge advantage. I know everyone wants instant gratification, returns without effort, returns without even having to think but doing some work is the best way to narrow the odds. It turns punting into investment. And even if it doesn’t ensure returns, it will certainly save you from losing money on rash mistakes. Read the full article: (VIEW LINK)
Marcus Padley founded Marcus Today in 1998 and leads the team of analysts and market commentators that publishes a daily stock market newsletter, presents four podcasts and runs an $80m Australian equity fund. He is passionate about educating and...