Should you invest money on stock market without having any knowledge about it?

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Avatar for ashisnayak
3 years ago

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?

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Comments

That would be too risk without having knowledge.

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3 years ago

You are true!

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3 years ago

Ok Thanx for those tips of stock market

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3 years ago

Exactly!

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3 years ago

Way to go. Good tips

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3 years ago

Thank you so much

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3 years ago

Good article, keep doing this!

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3 years ago

Thanks man!

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3 years ago

Yes. Trading is no joke. It is more likely to lose money than to earn so one must have study how to trade profitably.

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3 years ago

Yes you are right! Thank you for your valuable comment

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3 years ago

i think you really should have proper knowledge on anything before you start investing your hard earned money

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3 years ago

Glad you liked it mate

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3 years ago

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.

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User's avatar Mox
3 years ago

Thank you so much! Glad You like it!

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3 years ago

very good point

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3 years ago

Happy that you liked it

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3 years ago

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%

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3 years ago

Exactly! Total agreeing with you!

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3 years ago