1. Why people lose in Stock, simply because: (1) human are greedy and they are emotional: they might have captured the good point of buying, but they always miss the good time of selling until they get lose, or lose almost totally. And they only time people will find it useful is to sale it to get tax deductible to balance their yearly tax return; (2) they do not have a clear picture or understanding of the stock they play: the industry/ies behind the stock: their industry/ies detail operations, their competitors, their whole industries, as well as those major stock players behind the scene. And this is far too much for a single individual to get it know inside and out for the stock they play in terms of time and resources….

2. A good financial planning and wealth growth strategy is like buying a piece, under-valued (not really, for stock and mutual funds, it is economic growth) property waiting for value increase, like housing or stock investment. When dealing money or mutual funds, you don’t need to have the trouble to deal with tenant. And it is the same thing you get your wealth fast growth…

3. Even if it is for mutual funds, there is still lots of homework to do, as a single mutual fund might be of dozens or even hundreds of industries involved….

4.

Note: this is info exposure by a financial dinner seminar last Saturday.

【 --------------------原文-------------------- 】
: 作者：unavail, 俱乐部：智富俱乐部
: 日期：2007-07-23 17:16:56, 来源：未名交友
: 标题：7 lethal financial mistakes & wealth growth
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