What are some effective ways to build your investment knowledge, and create a confident attitude towards money management?
Notes from the intelligent investor suggest a few things. First and foremost, understanding that a stock is an ownership interest in a business is a great point. Simply put, there is a company that you would like to own, buying its stock gives you that opportunity. Let’s continue down the road of simplicity and state this: If the company makes a profit you as a shareholder also makes a profit.
Going a little deeper, we get exposed to the different kinds of investors out there. The speculator vs. investor. Understanding the difference is important to your success. So what is the difference?
Stay tuned.