money make the world goes round ...
Making money isn't difficult but many prefer to sell their skills & knowledge for a fee [employment] instead of being entrepreneurial
There is a limit to how much you can earn as salary whereas an entrepreneurial employee gets the additional moolah from performance bonuses & commissions ~ the downside is backroom & administration are considered as costs center
Investments in capital markets & traders are entrepreneurial pursuits ~ you are your own boss, but you need to have some capital to start though, not unlike starting a business
Like every industry, you need knowledge, guts, directions and internally tested SOPs & strategies - a fool and his money will soon part
Stockmarkets: Mid-Year Review
Lead WallStreet has been piercing new highs and recovered after several falls.
Traders buy ahead of expectations "Buy on rumors, Sell on facts"
The Iran war & the closure of Hormuz Straits were negatives but the persistent talks of halting the war and the Straits reopening have given much hopes of 'global economic recovery & lower energy prices after war"
Smart moneys are likely to "cash-out" upon any announcement of cessation of war and to reset their portfolio instead
Market reads ahead of reality as they unfold
The capital market is riddled with half-truths, misinformation, insiders & fake news. Truths are stale news by the time they are reported in MSM
This is a time-cycle chart & some people swear by it ~ guess, it's a good guide but not absolutely accurate [in timing]. It's a "big picture"
When unsure, stay out - The fool and his money will soon part
In the very long run, strategic investments yield dividends, enjoy industry growth & ride yet neutralize the inflation-ladder
Having a high yielding portfolio is wealth creation
We work to live and not live to work as money is a means to an end
Go forth and multiply; be productive
No comments:
Post a Comment