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I am a bit of a gambler but am not the normal type of punter who you may see in the bookmakers on a Saturday afternoon. I am the kind of gambler who only likes to bet on what you might call a racing certainty. I love the thrill of all things to do with gambling but in my opinion there is nothing better than riding the stockmarket wave. What I mean by this is attempting to make money from investing in stocks and shares, trying to predict when to buy and sell etc. In this article I will write about the reasons why I believe more people should invest on the stock market.
Now firstly it is important to mention that what I write in this article should not be seen as advice, it is merely my opinion on the subject of investing on the stockmarket. I am thirty-three years of age and I have a long term strategy when it comes to investments. Over the shorter term of, lets say one to three years, the stockmarket may not prove to be that profitable, if at all. For this reason this type of investment may not be suitable for some people who are over the age of sixty.
Over a period of five to ten years I have a great deal of confidence that the stockmarket will out perform any type of growth that you could find from putting your money into a deposit type account. These are the accounts that you might find offered by a bank or building society.
There are a vast number of options open to you, these will be dependent on your overall attitude to risk. For the really daring investor, someone who is willing to put their money into a high risk investment, you could be looking at investing in the shares of a single company. This could be a company on the Dow Jones or one from the FTSE 100, for example.
I personally like to invest monthly into a stocks and shares ISA. This smoothes out the peaks and troughs of the stockmarket, this is something which is known in the industry as pound cost averaging.
I have made a lot of money from stocks and shares over the last thirteen years and believe that I will continue to do so in the future. I hope you will too!
Steve Hill helps to promote a number of websites including:
http://www.stammering-stuttering.co.uk
http://www.stuttering-help.co.uk
http://www.back-pain-specialist.com |
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