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Investing
Investing today
comes in all shapes and sizes. You could invest in the stock
market, using stocks, bonds, options, and futures as
investment tools. You could invest in real estate, buying a
second home and renting it, purchasing a store or commercial
building and leasing it out to vendors. But investing in
something, paper or otherwise, takes knowledge and the skill
to venture into this field.
Richard Kiyosaki, of Rich Dad/Poor Dad fame, got me started
in investing. It wasn't so much about what he was investing
in, it was the process by which investing takes place. He
encouraged taking a class, or attending a seminar to acquire
the skills and knowledge about investing. I took a class in
Options trading, attended two more free sessions, and now
have a keen understanding about what's involved in options
trading. In fact, I made some money in options trading. A
year ago, I had no idea what options was about.
There are many avenues from which to begin, right here
through WildAhiNet. TheStreet.com is a start along
with Investor's Business Daily. I wouldn't try
to get much out of the talking heads you might see on MSNBC.
By the time you hear it, it's old news.
So, take the time, go slowly, and most of all, be patient.
Remember, Rome was not made in a day; you won't get rich in
that way!
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