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Who are Investors?
The truth is that WE ARE ALL investors. When we hear the word investors, we may think of a high-fying Wall-Street banker in a blue-pin striped suit.
That is certainly one type of investor, but so is the business owner, the family trying to save for their kids college, and the college student trying to scrape up enough quarters to eat dinner.
We all need to manage the money we make, and we all hope to end up with as much money as possible.
The question of building wealth in your life will really boil down to two questions?
- Are you able to save each year?
- When you save, where do you put the money?
Stock Investing 101 PDF Details
| Data | Description |
| FIle Name | Stock Investing 101 PDF |
| Size | 9.7 MB |
| Total Pages | 103 |
| PDF Quality | Very Good |
| Language | English |
| PDF Link | Available ✔️ |
| Source | young investors society |
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Book Synopsis
Welcome Young Investors! It is our goal to make you master investors. Many of the lessons you will learn have been used by successful investors over several generations.
You will notice that a recipe for success is easy to follow but is actually followed by few. Let’s start with a question: ARE YOU AN INVESTOR? Are you a spender or an investor? Pop Quiz. Ready. Go.
Question #1
I’ll give you $100 today or a new Mercedes next year? Which one will you take? A) Te cash B) Te car C) Why are you even looking at other options, you’d be crazy not to take the car!
Question #2
I’ll give you $100 today or $100 next year. Which one will you take? Tink about it…
A) Te cash today B) Te same cash tomorrow
C) Of course you wouldn’t wait! What’s the point?
You wouldn’t get anything in return for waiting. In one minute we’ve narrowed down whether you are an investor or a spender.
You’re a spender if you don’t get a return. You’re an investor if the future is worth somewhere between $100 and a new car.
Question of whether you will invest is really just a question of how much you believe tomorrow can ofer. How much could the future be worth for a bit of sacrifce today?
That is the key question that every investor asks themselves….
QUESTIONS TO CONSIDER:
1. How much cash would you be willing to give up today in return for a promise to receive $500 5 years from now from that investment? $50? $100? $300? $450?
2. What does a low number ($50) say about you? What does a high number say about you ($450)? [Stock Investing 101 PDF]
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