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Article #185: Taking Responsibility For Your Fiscal Wellness

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Investor's responsibility when he is first step in theinvolvement process is
alone in the market. education.
In today's market environment, the best Education is the key to successful
remedy for this situationis for you to investing for the individualinvestor in
get more involved in your own investing the market of the future.
decisions. All of us who invest in the stock market
The problem is that most individual know that there arethree possible
investors do not have theknowledge, outcomes after we make a stock purchase.
resources, or time to spend doing their First, the stock can go up and this is
own research,stock selection, execution, generally a good outcome.
and position management. Second, the stocks can go down and this
The development and expansion of the is usually a bad outcome.
internet has solved part ofthis problem Third, the stock can go nowhere - which
in that the internet now provides timely is also generally a badoutcome.
informationand resources, right at the It is bad because not only could you have
fingertips of the individualinvestor. put that money to usein something with
Earnings reports, income statements, less risk that might have produced a
balance sheets, charts,graphs, research, return,but you also incurred commission
chat rooms, and even CEO video costs on the way in and outwhich added to
conferences areeasy to obtain online. your loss.
Now, investors have all the So, we see that there are three things
toolsnecessary to make their own that can happen when youtake on a new
decisions. stock position, and two of them are bad.
However, for many the problem still Now, what if we tell you that by
exists. Why? Because, all thetools in the employing a certain strategycorrectly,
world are no good to you, if you don't you can improve your chances
know how andwhen to use them. The truth dramatically?
of the matter is that most investorsare Instead of having two of three scenarios
not qualified or properly trained to possibly go wrong, youwould have two of
interpret the use ofthese tools, and are three scenarios that could go right. And,
therefore ill equipped to use them in thethird scenario, the bad one, wouldn't
makingtheir own investment decisions. be nearly as bad.
So now what should investors do? The It can happen by using just one of the
answer is to find someone tohelp you help many strategies involvingteaming stocks
yourself. Not to make your decisions for with options.
you, butto assist you in making your Sound interesting?
investment decisions and to helpeducate Great, but let's start at the beginning
you as to the `how` and `why. ` and build a solidfoundation first.
You need to become more involved, and the






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