Should You Be The Manager Of Your Stocks?

The stock market today is frightening volatile

. Choosing that kind of investment to secure your financial future seems like an unnecessary gamble with your hard-earned money. One must look at the historical picture of stocks and how they performed. By doing so, one can see that the stocks and bonds market have always been the most flexible and yes, stable means of making your funds work for you instead of putting them under your mattress to be pursued by bedbugs.

So we've answered the question of whether or not you should be trading on the stock market. The next question, however, is who you're going to have pulling the strings when it comes to your money-and whether or not that person should be you.

There Are Obvious Benefits to Managing Your Own Stock Trades

I am certainly not a financial expert in any monetary discipline and certainly not when it comes to stocks and bonds, but I have managed to learn a few things along the way. One of the most important of those things is that putting all of your money in the hands of someone else in hopes they will invest it wisely is a really scary thing to do.

Putting your money on the line like that is tantamount to renting an apartment but not being allowed to furnish it. While the lack of any furniture may make the place seem more spacious, what are you going to sleep on? What are you going to sit on, eat on, what are you going to do when Super Bowl Sunday rolls around this year and you can't throw your annual bash? Okay, so maybe you invite your buddies to join you at the nearest sports bar, but it isn't the same thing and it will cost you a bundle.

But I digress. Let's go back to the good news about managing your own stock trades. When you are in charge, you have control. It's up to you to allot your stocks, and to take advantage of opportunities as you see them. You will never wonder why your broker didn't jump at the stock that was obviously a winner and lost you a bundle.

On the Other Hand...

There's always a but, isn't there? Here's the thing. Without programs designed to teach people, just like you, the ins and outs of trading on the stock market, you're kind of left scrambling to figure things out on your own. That can be a good thing if you're one of those people with an almost innate sense of how these things work, but it's considerably less convenient if you're completely clueless.

Before you take that plunge into management of your own finances, spend whatever time necessary to learn the mechanics of stock trading. Master the basics whether you or someone else is controlling your stock trades. Think about it. It can be just as much fun controlling your stock broker as it is controlling your investment funds.

by: Cameron Stein

POST COMMENT

Popular Boy Halloween Costumes Backyard String Lighting For All Seasons Visit City Palace - Get The Taste Of The Royal Life Going Trendy With A Garage Door Reviewing Fine Wine - A Kosher Tishbi Estate Israeli Cabernet Sauvignon Document Scanning Companies In Washington Dc The Reasons For Using A Buyers Agent Mustang Parts - One Types Of Low Price Parts The Duties Of A Buyers Agent Explained Keeping Records Through Archive Companies Anees Bazmee - Bollywood Director The Truth About Using Abuyers Agent Udlejning Skat