As the great scientist Albert Einstein once remarked, the principle of joining is one of the greatest wonders of the world – whoever understands it, earns, and who does not, pays for it. In other words, you either build wealth with it (increasing your return on investment) or pay for it because your money loses value due to inflation. Can I get rich from the stock market?

If you want to really achieve long-term success on the stock market, the best thing you can do is go to each transaction with a very specific plan. Before you start, create a risk / profit profile for your investment and stick to it no matter what. Never stray from the set.

Making millions on the stock market may seem like a difficult task, but it is a task that you can accomplish by following these steps and remembering this dedicated approach. If you prepare for failures and understand the challenges that may arise in this investment strategy, you can simply get closer to achieving your investment goals just like my millionaires do.

The richest man in the world

If you still have doubts about the possibility of getting rich by investing in shares, here is a well-known example of a person who has become extremely wealthy on the stock market. You’ve probably heard of him; is the second richest man in the world, according to Forbes in 2019, and easily the most popular stock investor of all time.

Warren Buffet, often called the Oracle of Omaha, began his journey on the stock exchange at the age of 11 when he bought six preferred Cities Service shares at USD 38 per share. Shares will eventually rise to USD 200 per share after an initial drop to USD 27 per share.

Can I get rich from the stock market?

How does the stock market work?

Although the stock market may be irrational in the short term, good company shares usually increase in value over time, provided that the company continues to do good business and generates better profits.

The market moves cyclically: bull market continues to be followed by bear market markets – when stocks generally fall in value – but good stocks always survive any market situation and grow steadily. Even among good shares, some are doing exceptionally well and are called market winners. Detecting market winners early enough when they are still relatively unknown is a sure way to become a millionaire.

For example, in 1964, the share of Berkshire Hathaway was just around $ 19, but today, July 12, 2019, it costs $ 321,993.00 – you can do the math yourself. During this 55-year period there were not less than eight outlets, but the company was developing well. Similarly, Apple offered its shares at USD 2.75 during its IPO in 1980; now some Apple shares cost USD 230.30.

When it comes to growing your wealth on the stock market, you need to understand the equity market well and feel comfortable with long-term investments. Very few people become millionaires overnight, so don’t count on it happening to you.

Focus on your investment goals and stay calm during downtime. Let the market work for you.



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