What's
difference between an amateur and a professional?An amateur practices until he can get it right, a professional practices until he can't get it wrong. So, where are you going to get your investment information - from an amateur or a professional?
A good investment decision is based on knowledge: What does this company do? How do they do it? How well do they do it? What's their market position? Who are competitors? What new products are they planning? (And about a thousand other questions.)
Professionals have answers. They are experts. They spend years studying this stuff, their income depends on knowing what's happening and making right decisions. Whereas, amateurs don't have time and resources to gather and analyze all that data. So, many people get hot tips from a "friend of a friend" or follow "hunches." That means most people just keep living from paycheck to paycheck and hope Social Security is still around when you're 65!
CHANGE THE TREND! - You don't need an MBA to be an effective investor. You can learn where to find good info, then learn to use it: Take a continuing education class on financial management at your local college or university. Attend a 'how-to' seminar given by an investment company. Join an investment club, like The Wall Street Prophet, and learn from successful professionals.
And, get on web. The Internet has become most powerful learning tool in world. Newspapers, trade magazines and investment magazines have websites. Companies and investment firms have websites. With an Internet connection, you have access to more data than most seasoned professional had a decade ago. It's there, it's instant and (a lot of) it's FREE! Read it!
