Not exact matches
It's hard to verify independently the claims of retail traders
who say they have
made good
money this year, when worries about a slowing Chinese economy and the slumping oil price have wiped up to $ 8 trillion from world
stock markets in January alone.
Malkiel (left), the Princeton economist best known as the author of A Random Walk Down Wall Street, now
in its 12th edition, took to the op - ed pages of the Wall Street Journal on Tuesday, saying investors
who would «pull their
money out of the
stock market today to invest
in bonds are
making a huge mistake.»
Those
who have been
in the investing business for a while know that if there is a loophole that people can exploit to
make money in the
stock market, you can rest assured it will get exploited.
But for a businessman,
who must take risks
in order to
make money;
who will buy nothing without careful, thorough investigation; and
who will not risk more than he is able to lose, there is no other investment
in the
market today as tempting as mining
stock.»
These may be people
who benefited early on from the UK's globalisation —
in the Thatcher years —
made some
money on the
stock market, ran a successful business,
made the most of new opportunities for social mobility.
People
who lose everything
in the
stock market usually
make the mistake of putting all their
money into one sector — typically because it's done well
in the past.
There are no significant players with a new theory
who make amazing
money investing
in secondary
markets for
stocks and bonds.
And so it is with most people
who think there is easy
money to be
made in markets — they get to the party after
stock prices have been bid up.
Hi Ramit, I recently read «How I
made 2 Million
in the
stock market» by Nicolas Darvas
who made that much
money in only 18 months
in the 1950.
Literature on statistical technical analysis used by people
who hope to
make money in the
stock market by such tools is quite revealing.
And while nothing can be completely guaranteed
in the
stock market, investors
who diversify their holdings
in the
markets and hold them for the long term tend to have a better chance of
making money than those
who buy and sell random securities
in the short term hoping to «strike it rich».