Cash Flow Ideas (2 of 5)

I got new idea to help you. When I was in my weekend preparation I got this idea. Everyone talk about stock markets. Without knowledge entering into it will cause to lose money…..read on…

The book starts with a bang – taking us right into the world of trading stocks, and the challenges Adam faced during his first attempts at making it work. Let’s just say it wasn’t a pretty sight. For two years, he played it safe after that.

But the failures were just stepping stones, prompting Adam to seek out mentors and models from whom he could learn, something he discusses in much detail in some of his other books, for example in Master Your Mind and in Secrets of Self-Made Millionaires. =>

SecretsOfMillionaireInvestors

His key role model: Warren Buffett, arguably the world’s most successful investor. He studied what Buffett had done and quickly saw where he himself had gone wrong. His other investing books were of the sort I mentioned above – providing good but incomplete information, and Adam learned the hard way that a little knowledge, even if it’s good, can be very dangerous.

So he set out to learn everything he needed to know to become a successful investor, and started to apply what he learned. First he focused on Singapore, but he quickly moved on to the U.S. stock market, a much more dynamic marketplace. But even skilled investing in the stock market only gets you so far.

He soon noticed that some of his friends doubled their money in weeks… by buying options. So he attended seminars and quickly expanded his expertise to options as well.

Advertisements

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s