Wednesday, October 18, 2006
Why investing is the best job
Why investing is the best job
Being a professional investor is the best job one could have. Unlike most jobs, investing requires absolutely no physical labor. All the money to be made from investing is cashing in on your skill at trading the markets. Knowledge is everything in this game, it doesn’t matter if you’re 6 or 60, in the best shape of your life or have a disability, investing knows no boundaries. Every trade could potentially put you into retirement. Get excited about investing, it’s the only way to make a great life for yourself and for the generations following you.
When you apply for a normal job you are paid an hourly rate. This puts a damper on the possible earnings of this new job. There are only a limited hours that you can work daily and an amount which your employer is willing to pay for hours worked. Usually you can be replaced at any time by another employee. When you work for yourself, you can never be replaced and the amount of money you make will never be limited.
After becoming an investor you are no longer limited to any amount of money. You have to potential to own the world’s most profitable corporations in just a few years. This isn’t a get rich scheme, its been proven that those who get involved in the financial markets are usually the super rich. On average the markets have continually paid more than your bank account and better than inflation. In the long term I can think of no better place to keep your wealth.
Investing takes as much time as you are willing to dedicate. An investor can stay up to date and find trading opportunities worth pursuing in just 2-3 hours per week. Obviously the more time you spend the better the chance of finding investments but this is all up to you on the amount of time you wish to dedicate.
The economics of the workplace are not in your favor. Start dedicating more to your investments and stop making someone else rich! Make investing a part time job, each hour you spend looking at your portfolio will bring greater rewards. In the coming weeks I will go through some methods for finding winning stocks. Some require no time at all and some require complete dedication. I look forward to keeping this blog filled with information to help you succeed.