Business and Finance Information

Archive for February, 2007

Il lesson. Therefore take lessons from successful experiences of others, because you do not need to charge for it

Once we know the psychology of capital markets in general from my writings on the previous edition. Where there are three psychological elements, namely:

1. Personal Discipline
2. Control emotions
3. Courage to change

We still remember with a handsome young man with his not accept input or advice from anyone who finally when the bull market, the portfolio is a handsome young man did not follow the market’s rising trend. The author hopes on youth experiences will not occur in us. But there is also a wonderful experience of a student from one of the private universities, which he can afford to pay college tuition by investing in the stock market. Students are very active and sensitive to development, with a capital of only Rp 20,000,000 to generate profit of about 5% per month. So that in a year’s accumulated profits of USD 25,000,000 and USD 40,000,000 the second year. Finally, this student completed his studies while investing in the stock market. From the two examples of these experiences, it is simple logic we would choose such an experience than a young student . Read the rest of this entry »