011 An Introduction to Capitalism (The Stock Market)
Maven Money Personal Finance Podcast
00:00
How to Be a Successful Investor in the Stock Market
The stock market can also be described as having another asset class called fixed income, or bonds. If o're not prepared for this, then you will be a failed investor. Only two out of those three that can be successful investeds ar the optimist and the oblivionist. The pessimist will continually look for the next reason why they should not be in the stock market. Your money should go in at the lows and it should come out at the hies. People wait until a market gets expensive to buy in. This does not make sense. There's no wisdom behind any such decision. It's just a very basic introduction to the stock market - try and deify the word
Transcript
Play full episode
