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What exactly is investing? The answer
is not simple. Investing means different things to different
people: Putting time and money into furthering their
education is an investment to some people; Working 80
hour weeks in order to grow a personal business is an
investment to another group of people; Systematically
adding funds to accounts holding stocks, bonds and foreign
mutual funds is an investment to others. All these people
are investors. They have a goal in mind and they are
working to make their dreams a reality. While there
exists an abundance of ways in which one can invest,
no two people will have exactly the same investment
needs or goals. Each person has to evaluate what investment
vehicles will best allow them to realize their own personal
financial needs. Potential investors must educate themselves.
During recent years, the stock market
has been booming. Stories abound telling of overnight
millionaires. While the media's coverage of the world's
different stock markets continues to grow; more and
more newsletters, magazines, books and news programs
are appearing in the main stream trying to give the
average person a special "insight" into the mysteries
of growing wealth.
Investors will find a select few publications,
programs, and seminars which are truly unbiased. In
fact, most have ulterior motives when it comes to sharing
stock market "secrets": Brokerages need buyers and sellers
in order to earn their commissions; "Experts" want to
sell as many books or newsletter subscriptions as possible;
"Fast talkers" and "pitchmen" want to fill every chair
at their seminars. What is the average investor to do?
Where do they turn?
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