Investing in stocks: Are You Greedy Enough?
Most people think about the stock market as a way to invest their money and later make money. That is partly true but often there is more to making money investing in the stock market. It has often being said that greed is good. That can also be applied to investing in stocks. Money can be addicting just as drugs and when you start to think about investing your money in anything, you will be surprised how that can completely take over your mind and soul. Some people will like to invest in stocks but they tend to think about the stock market as a way to make a bit of money (pocket money). The real beasts of the stock market don't think like that. They see investing in stocks as a way of life. Investing in stocks is more than an addiction. It is everything. You have to be really greedy to invest in stocks. Everyone likes money and the power it can confer. However, liking money is not enough in order to be able to be successful in the stock market. Those who really make it are greedy enough to do what it takes to make things work.
Investing in stocks: Are you greedy enough â Risk taker
If you are interested in the stock market and you want to invest your hard earned cash, you need to think about how much risk you are willing to take. Think about it this way; what will you do if you were to lose your money? Will you jump out of the window and slit your throat on your way down? You are obviously not greedy enough and are not made for the stock market or investing in stocks. If you are not a natural risk taker, you will find it hard to invest in the stock market and be successful. Those who make it investing in stocks are willing to risk other people's money just to invest in the stock market. They love the adrenaline and the ups and downs of the stock market. They are constantly glued to the screen and daily crunching numbers.
Investing in stocks: Are you greedy enough: Investing small
You are not greedy enough if you are only investing a small amount of money. That is because you will probably not make anything or very little for your time and effort. Investing in stocks with only a few dollars will only satisfy your curiosity and your ego. You will feel as if you are in the same league as the big boys but you will only be deluding yourself. Greed is the driving force behind the stock market and those who want to make money invest more money. You need to spend money to make money and that means letting your greedy side take over. Investing big also means you risk big and you might lose big time. That being said, if you are investing in stocks and things go according to plan, you will be making big money. That is what the stock market is all about. People losing millions everyday and winning millions as well. If you want to make it big, you need to invest big. Investing in stocks in not for the faint-hearted. You need to be ruthless and show your wild side.
Investing in stocks: Are you greedy enough â Your brain versus your heart
At times those who are beginners in the stock market tend to do two things. They can either be very conservative or very brainless. Investing in stocks doesn't mean that you have to throw caution to the wind. There is a strategy behind the apparent greed seen in the stock market. There is a certain level of gambling involved as well. When you are parting with your money, you need to use your brain in deciding how best to invest in stocks. Your brain should also guide you as to the amount of greed you should expose yourself. Your heart will be the balance that will constantly remind of the golden rule of investing in stocks. The rule is simple and it states "Don't invest the money you cannot afford to lose". That shouldn't take too much brain cells to figure out what that implies. You can invest in stocks because you want to make money. There will be a certain level of greed in your action but playing safe, risky and greedy, you might make a few dollars.