I'm pretty sure you have seen ads for "How to Make A Fortune on the Stock Markets" books for before. These books, seminars, and training courses claim to teach you how to properly invest in stocks, bonds, penny stocks, commodities contracts, etc. Their advertisements focus on the pleasure of trading stocks from the privacy of your home. You can buy or sell stocks anywhere you can access a telephone or the internet. You do not have to sell any products. You barely have to exert yourself at all.
So what's the problem with "How to Make A Fortune on the Stock Markets" books, seminars, and training courses. Are they just hype or can you follow their directions and get rich as the ads claim? Read on for the truth you must know about "How to Make A Fortune on the Stock Markets" books, seminars, and training courses.
The first problem is stock market training courses and how-to books out there are many like real estate training courses and how-to books: The strategies you'll learn in these programs will be anything but satisfactory. They'll tell you to "buy low and sell high." Duh! Anybody with a competent brain already knows this. True successful investing takes experience. To expect to pick the correct stocks, at the correct time, and to sell them at the correct time, as an uneducated beginner, is absurd.
The second problem is it's almost impossible to stay current with the market. There is just too much ground to cover on a daily basis: Too many articles and news to read, too much software to run … it will all become too much. To top it all off, no one really knows what makes the stock market fluctuate. This is why entire corporations are dedicated to analyzing and dissecting the market before making recommendations.
The third problem is the risk and the resulting stress it will cause you: The day you discover you have lost a few thousand dollars in a single instance is the day the ulcer in your stomach will begin.
The fourth problem is you lack the funds. It is recommended that have at least a $ 20,000 portfolio. Forget investing in stocks, options, mutual funds, bonds, etc. Get in the game if and when you can afford it, and proceed with caution. Buying a "How to Make A Fortune on the Stock Markets" book or training course will not help you get this money either. You need this money whenever you are educated or uneducated.
There have been thousands of people who have fallen victim of "How to Make A Fortune on the Stock Markets" books, seminars, and training courses. People who simply want to earn an extra income from the comfort of their homes find themselves cheated by con artists who take advantage of their hopeful attitudes. No doubt there are legitimate companies out there offering real investment training opportunities. Unfortunately, home based business scams are at an all time high. It has become harder to find legitimate work from home operations. So, if you are planning on buying "How to Make A Fortune on the Stock Markets" books, seminars, and training courses, use common sense and the guidelines above to avoid falling victim to these infamous scams!