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11 Things Every Stock Market Investor Should Know
People who own assets don’t worry about inflation
When I started investing in 2007, I bought my first stocks without doing much research. In fact, I did more research on buying my first flat-screen TV than which stock to buy.
Over the years, I met a lot of folks like myself. You somehow hear that the richest people in the world are investors 9 out of 10 times, and you think, “I need to get in on that.” You watch CNBC a few days, look at what stocks they talk about, and you end up buying the one you think is a “sure thing.”
“ING bank is a sure thing. There’s no way this stock can go down.” — Darius Foroux in 2007, one year before the financial crisis struck and decimated financial stocks.
When I think about my ignorance, I can’t help but laugh. However, I’m glad I stopped listening to mainstream financial advice. After losing money in the market, I only wanted to learn from great investors who actually made money, and I actively sought them out.
In this article, I’m sharing the 11 most important things I’ve learned from successful stock market investors.1
