Should you invest money on stock market without having any knowledge about it?
There are many people who are making their money double, triple and what not from the stock market. This lures newbies who have 0 knowledge about it come and place their money thinking it will grow substantially overnight. Facts say 90% of the people who have their money on the market lose money. So where do the money go? Yes you have guessed it right the rest 10% gain everything that the 90% of the people lose. There are also many people who are selling signals in various social media platforms making a promise that they will make you rich if you follow their signals. But here also people do fail. So do you still think you should go into the market without having proper knowledge about it?
12 comments
Good article, keep doing this!
Thanks man!
Yes. Trading is no joke. It is more likely to lose money than to earn so one must have study how to trade profitably.
Yes you are right! Thank you for your valuable comment
i think you really should have proper knowledge on anything before you start investing your hard earned money
Glad you liked it mate
You can't follow these promises without learning the craft yourself. Before investing money in anything you should at least learn the basics of the market. Really useful article.
Thank you so much! Glad You like it!
That's why the stock market really needs to be studied and practiced with what you can spend, else, you'll be in that 90%
Exactly! Total agreeing with you!
very good point
Happy that you liked it