Dear readers, in recent weeks, I have been noticing more and more advertisements of “Get Rich” investment programmes on the internet, e.g. advertisements before a Youtube clip. Not that they have not been there before, but it seems that there is now an increasing number of such ads over the internet.
If we give the advertisers the benefit of the doubt, what I can say is that the method the advertisers tout may work for them. But, the methods may or may not work for us because each of us has our own levels of comfort zone and different backgrounds e.g. different size of savings accumulated.
For example, I think not everyone of us is comfortable to stare at the trading charts of some stocks during the trading hours and have to react fast to the market movement that may arise any second. This process may be mentally exhausting for many and if done on a prolonged level, may be damaging to health.
And also, not everyone of us has the capital to profit some five-digit amounts e.g. $10,000 from a little percentage movement intra-day. Example, for a 3% intra-day trade profit, the capital outlay would be at least $300,000.
Hence, always invest or learn to invest at the level which is suitable and comfortable for you.