I'm on a mission to make a million by investing $25,000 in one company at a time. I'm gonna sell the company every time it logs a 2% gain from the purchase price. It'll take 187 trades to get to a million.
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Sunday, February 7, 2010
Use Future Uncertainty to Make Money
Myth #5 for why people don't invest in the Toronto Stock Exchange: The Future is Uncertain.
You've heard it in your office, from your friends, and in the news, the only thing that is certain is change. New technology and global connectedness have made this true now more than ever.
But take a step back to think about it for a minute. Technology has made it easy to collect, analyze, and communicate data. That data is spread far and wide, and ultimately is used to as a marketing tool. Fear sells news stories, and in some cases it sells ideas, goods, and services too. Don't let the marketing strategy of the media rob your future. Use it to make money.
Big media stories are actually a bonus for the savvy hobby investor. Combinging current events with a few simple deductions about human behaviour and historical stock performace will have your portfolio growing more quickly than you could have dreamed. So stick around cause this is good stuff. I'll teach you how to take advantage ofusing media to choose stocks that will make you big returns.
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