The one thing that you need for the stock market is some type of risk. Yes the stock market can be risky but what business is not risky. If you do the research and homework before buying anything on the stock market, you may be ok which you should do your own research on the stock market before investing anyway.
There are a few ways to make money in the stock market and if you don’t know anything about the stock market, you may have heard that you should not invest and you may have heard of bad things about the stock market. The people who talks bad about the stock market are the same people who don’t know anything about and they don’t even invest themselves. With anything in life, you should listen to people who invests in the stock market before someone you don’t invest in the stock market. Please do you own research before buying any stocks and I am not giving you financial advice
What kind of people will not make money in the stock market?
The type of person that does not want to take any risk with money or someone who don’t know much about the stock market. Someone who does not do the homework and research on the stock market. In order to invest in the stock market, you must first do some research online about stocks. I have a YouTube channel called The Dividend King, https://www.youtube.com/channel/UCKIXApIrXdvyajZvKV4VSHg and on this channel I show you how I pick stocks and how I invest in the stock market.
Investing into anything takes some risk and even starting a new business is a risk. In life, there are risk every day that we take that we don’t pay that much attention these days. The one thing that I talk about on my YouTube channel is that we all need more than one stream of income. We can’t just have one job to pay all of our bills.
There is risk with just having one job like your job can relocate, your job can lay off people, your job can down size and they can juts let you go. With that one stream, you are having that pay for 5 to 6 different bills. We all need to invest and build other streams of income just in case that one job goes away, we have other things making us money but that will take some risk and for some people that don’t want to do that and they want to play it safe all the time.
What kind of risk can I take to make more money right now?
The first thing that you have to do is take some risk. Not just any risk but risk that you have done some research on. The three ways to be wealthy is investing in the stock market, investing in real estate and building a business and all three things takes risk. So take some risk and start an online business and start a YouTube channel if you want to. You can invest into the stock market today if you want to. Check out the video I made below going over investing and what kind of people does not want to invest due to risk
