The most common question I get is this: Is the stock market a good investment in today’s economy? I always say yes. There is no greater opportunity for a person to make money than in the stock market. With diligent study of the market and individual stock fundamentals and it’s progress on stock market charts, an investor can make a fortune from the privacy of their own home. What is needed though is a system of learning and trading that you have implemented and tested and made your own. For me, I choose to use CANSLIM by William O’Neil. Others might choose Warren Buffett. Whatever system you choose, stick to one strategy and perfect it for you. Once you’ve done that, put in the time to learn from your mistakes and improve on every trade you make.
September 9, 2009
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