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Old August 8, 2003, 09:11 PM
Dien Rice
 
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Default Make (or lose) thousands of dollars in a day! The lure of the stock market....

Hi Robert,

You already got some excellent answers from Boyd, Mel, and Michael....

I'll just add that the stock market can be addictive!

It can be very exciting, since you always know exactly where you stand.

With property, you only really know exactly where you stand when you sell. Of course, you can get an "idea" by making an estimate of what your property is worth, but you only really know when a buyer comes and pays you a certain price for it.

The stock market is different. With stocks, you know exactly what your stocks are worth every minute that the market is open.

Your fortunes can go up or down by thousands of dollars in a day! Because of this, it's very easy to get an "adrenalin rush" from stocks.

When you do well with stocks, making money never seemed so easy.... (Of course, the flip side is when you're doing badly, losing money never seemed so easy either!)

The stock market is NOT a casino - while there is an element of chance, as there is with anything business-related, there are also rules of logic too. However, even though the stock market is not a casino, it can have the addictive properties that a casino can have too.

- Dien Rice


This is what I do while I wait for the stock market to open!
 


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