I’m just going to say it straight up: it’s very unlikely anyone will ever do this. If you’ve ever made an investment that’s as good as this, I want to hear about it. Press the comment button below and…
There’s a big problem with checking stock prices everyday. It narrows your focus and distorts price movements. What happens is price changes begin to be viewed by the minute or day rather than the week or month.
You’ve probably heard someone say it before. Or a variation of it. Or maybe you’ve thought of it yourself:
“If I owned Apple since its IPO, I could have turned like $5,000 into over $1,000,000!”
Warren Buffett once made a bet and I think it’s the greatest thing he’s ever done for the stock market. More than ten years ago, he basically said something along the following lines to a group of investors called Protege Partners:
I was recently looking through the all-time high list for all stocks on the market. I was curious to know what stocks were making new highs. I saw Google, Amazon, and some other big tech companies. But then something hit me.
Charles Dow is the man who co-founded Dow Jones & Company. This means he is the man behind the Wall Street Journal, its creation, and the Dow Jones Industrial Average. He essentially changed the way we look, follow, and organize markets.
Stop Losing Money In The Stock Market
I always find it interesting to watch the way people react to drops and crashes in the stock market. They are always searching for answers and for reasons. In the world of news, that means constantly finding a headline to define the drop.
