SOWPub Small Business Forums  
 

Click Here to see the latest posts!

Ask any questions related to business / entrepreneurship / money-making / life
or share your success stories (and educational "failures")...

Sign up for the Hidden Business Ideas Letter Free edition, and receive a free report straight to your inbox: "Idea that works in a pandemic: Ordinary housewife makes $50,000 a month in her spare time, using a simple idea - and her driveway..."

NO BLATANT ADS PLEASE
Also, please no insults or personal attacks.
Feel free to link to your web site though at the end of your posts.

Stay up to date! Get email notifications or
get "new thread" feeds here

 

Go Back   SOWPub Small Business Forums > Main Category > Original SOWPub Forum Archive
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read

View Poll Results: BZUIc
ERVAViAXxrmG 0 0%
qmnKWWwviZEgisA 0 0%
Voters: 0. This poll is closed

 
 
Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
  #1  
Old August 10, 2003, 04:46 PM
Robert Campbell
 
Posts: n/a
Default Stocks vs. Real Estate vs. Gambling vs. Running a Business

Thanks everyone for the "brainy" discussion on this interesting and engaging topic.

From both personal experience and studies, the key to everything in life - including the invesment markets - is to find a way to give yourself an advantage ... and then keep playing that advantage over a long-period of time.

This requires discipline and patience, both rare qualities in mankind. Combine these qualities with risk and money management ... along with the the magic of compounding any rate of return (the Eigth Wonder of the World) and some good luck now and then ... and you have a very good shot at accumulating a net worth of one million dollars or more.

Most people go through life, unfortunately, by simply "shooting from the hip." With no plan, they are ever on the roller-coaster and usually end up at the same place the ride originally started. Thus, no plan, no profits.

That's the reason I believe in a "systems approach" to business, and especially in the markets.

In the stock market, for example, I have reviewed tested systems that give you a 1 to 2 percent advantage over a pure "buy and hold" strategy.

To the get-rich-quick crowd, this may not seem impressive. But to the intelligent crowd who understands the magic of compounding (and managing risk ... this "slight edge" is all you need to consistently outperform the market and eventually get rich.

While some people say you can't beat the market averages with stocks or real estate, research proves otherwise.

Whatever your investment of choice -- be it the stock market or real estate -- I believe all of us would be wise to heed the advice of Warrent Buffett:

"You should buy intestments like you buy groceries: wait until they go on sale."

Whether your investment time frame is three years or thirty years, this simple advice (a "system" perhaps, but a "plan" for sure) will like pay above average returns.

Robert Campbell




Timing the Real Estate Market
 


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are Off
[IMG] code is On
HTML code is On
Forum Jump

Other recent posts on the forum...


Seeds of Wisdom Publishing (front page) | Seeds of Wisdom Business forum | Seeds of Wisdom Original Business Forum (Archive) | Hidden Unusual Business Ideas Newsletter | Hotsheet Profits | Persuade via Remote Influence | Affia Band | The Entrepreneur's Hotsheet | The SeedZine (Entrepreneurial Ezine)

Get the report on Harvey Brody's Answers to a Question-Oriented-Person


All times are GMT -4. The time now is 08:00 PM.


Powered by vBulletin Version 3.6.0
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.