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practice 156
created Mar 14th, 20:10 by Heartking001
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In any business or moneymaking venture, preparation and foreknowledge
are the keys to success. Without this sort of insight, the attempt to make a
profitable financial decision can only end in disaster and failure regardless of
your level of motivation and determination or the amount of money you plan
to invest. In the stock market, this rule applies to the nth degree, as you are
investing your own money in what could be considered a high risk wager and
you are playing with fire if you do not have at least a general background
knowledge of how it functions. Since having a background in any area is
helpful in guiding you down a path in that particular region, the more solid
your basis of investment knowledge is, the more likely you are to profit from
any attempt to trade on the open market. In many ways, trading on the stock
market can be compared to driving you do not have to be an expert to get
behind the wheel of a car, though you are expected to have some previous
knowledge about basic traffic laws, including moving violations, safety
regulations, and other legal vehicular infractions, which are learned through
either specific study and coursework or even through some form of simple
exposure such as the years you have spent riding with your parents and
others who have driven for years. You should be able to comprehend the
basic tools used to navigate a car where the break pedal is located versus
the gas, and how to use the rearview mirror, even if you have never touched
a steering wheel. And just like someone who is behind the wheel of a car
and getting ready to touch the gas pedal for the first time, you should start
out with caution and work your way in slowly. A first time driver will first set
the mirrors. In the run of life, we get so busy to realize importance of
spirituality. The other has a passion to improve the lives of others by
introducing new products and services. As an entrepreneur, they work way
beyond 40 hours a week, investing time, capital, and energy to try to
accomplish something that they hope will make the world a better place. The
world would be a less dynamic place with only 40 hour per week workers.
The passionate game changing entrepreneur takes more risks and puts in
more effort, so it's logical to think they will make a greater impact on the lives
of others with their contributions. However, without noteworthy reward, they
may not be willing to do so. Imagine two hypothetical workers. One works a
standard 40 hour week and gets paid a standard salary.
are the keys to success. Without this sort of insight, the attempt to make a
profitable financial decision can only end in disaster and failure regardless of
your level of motivation and determination or the amount of money you plan
to invest. In the stock market, this rule applies to the nth degree, as you are
investing your own money in what could be considered a high risk wager and
you are playing with fire if you do not have at least a general background
knowledge of how it functions. Since having a background in any area is
helpful in guiding you down a path in that particular region, the more solid
your basis of investment knowledge is, the more likely you are to profit from
any attempt to trade on the open market. In many ways, trading on the stock
market can be compared to driving you do not have to be an expert to get
behind the wheel of a car, though you are expected to have some previous
knowledge about basic traffic laws, including moving violations, safety
regulations, and other legal vehicular infractions, which are learned through
either specific study and coursework or even through some form of simple
exposure such as the years you have spent riding with your parents and
others who have driven for years. You should be able to comprehend the
basic tools used to navigate a car where the break pedal is located versus
the gas, and how to use the rearview mirror, even if you have never touched
a steering wheel. And just like someone who is behind the wheel of a car
and getting ready to touch the gas pedal for the first time, you should start
out with caution and work your way in slowly. A first time driver will first set
the mirrors. In the run of life, we get so busy to realize importance of
spirituality. The other has a passion to improve the lives of others by
introducing new products and services. As an entrepreneur, they work way
beyond 40 hours a week, investing time, capital, and energy to try to
accomplish something that they hope will make the world a better place. The
world would be a less dynamic place with only 40 hour per week workers.
The passionate game changing entrepreneur takes more risks and puts in
more effort, so it's logical to think they will make a greater impact on the lives
of others with their contributions. However, without noteworthy reward, they
may not be willing to do so. Imagine two hypothetical workers. One works a
standard 40 hour week and gets paid a standard salary.
