The Stock Market Is Important For Success Or Failure Essay

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The stock market can be very risky and it can be intimidating to someone with no experience dealing with stocks. However, with the right research and a lot of patience it is possible to be successful, but it will not be without challenges. The stock market can be highly unpredictable and can fluctuate at times for reasons we either do not understand or cannot see. Even with research and planning investing in the stock market is a risk, so it is better to approach it with the most information possible. How well you understand stocks and the stock market can be key factors in your success or failure.
The first thing a person starting out in stock market investments will need to research is themselves. You will need to look closely at your financial situation and figure out not only how much you can afford to invest, but how much you can afford to lose. While these two things sound like they would be the same thing, they are not. Most people tend to think of investing as making money, not losing it. However, it is possible that a person could lose everything that they invested. The stock market crash in 1929 left many investors penniless and devastated (Colombo). You have to research your finances and decide how much to invest with this type of possibility in mind. The stock market is very unpredictable and the right research here can be the difference between bouncing back after a loss and losing everything. You also need to figure out what your goals are. If your goal is to

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