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Stock Trading Strategies for Beginners
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Resumen del Editor
At some point in your life, you probably will have some money saved up and will start thinking, “I probably should invest this into something.” You can’t live in this modern age and be deaf to the oft-repeated advice of the way that leads to financial freedom: "Save and invest." To be honest, that advice is solid. If you are going to be free financially and free early, you are going to have to diversify your income or, at least, find a way of using money to make more money. Money is simply an asset, but a depreciating asset. In other words, as a result of inflation, your money will lose value steadily and progressively.
Here’s what I mean. If you dug into the ground and hid $1,000 way back in 1960, and then dug it up in 2016, you’d have lost about $7,000. Why? The answer is inflation. Generally, money loses value the longer it is kept. What does this mean for you? It means that you’ll need more money in the future than you’ll need today, even if your expenses do not increase.
The rate at which your money loses value depends on the inflation rate, and since 2000, the inflation rate annually is between one and four percent. That means your money is losing value by about one to four percent every year. This is the issue with many "safe" investment options. The interest rate will probably earn you enough for your money to retain the same value.
In 2018, for instance, the inflation rate in the United States was 2.4 percent, and the best "safe" investment you’d probably have found online was a six-year CD from a commercial bank, such as American Bank who was offering 2.7 percent per year. Plus, there’s no assurance that the inflation rate wouldn’t have increased to, say, 3 percent or even more.
That is why investing is a no-brainer. While saving is a good strategy for managing your money in the short-term, you need a plan for how you’ll invest in the long term.
Would you like to know more? Buy now to start learning these new methods.
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Lo que los oyentes dicen sobre Stock Trading Strategies for Beginners
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- jerald coleman
- 10-11-20
You need it
I cannot state how useful and incredibly detailed this guide by Henry Anderson is. It would be best if you got it yourself to comprehend how easy he makes stock trading. Whether you are a newbie or expert, is it a great addition to your audiobook collection, I assure you.
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- donald dahlke
- 10-10-20
Excellent quality and price
Excellent quality for a great price – what more is there to ask for? The author and narrator both did a fantastic job of creating the ultimate audiobook that will bring you closer to success! It is a 5* product every trader needs.
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- 10-06-20
Helps with starting out
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There are many ways to achieve success in your life, from only getting lucky to working hard from the bottom up. However, this guide will teach you how to achieve success using neither. Stock trading is the perfect opportunity to make money without any issues. The author made an excellent guide for it!
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- david cato
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Make it a bundle
This audiobook has a lot of potential for becoming a bundle. It has plenty of information already, and the narrator does a fantastic job too. However, I feel like it would benefit from more content. A very good listen regardless, and I highly recommend it, even as a singular volume.
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- carl blunt
- 10-06-20
Best beginner strategies
Just like the author states, you do not have to be an expert to dabble in stock trading. If you have no prior experience with trading, this audiobook will be a lifesaver for you. It is straightforward and includes all of the information you need to start – from techniques and trustworthy advice to tips and tricks. I especially liked how many strategies were included! I am amazed by the quality of Henry Anderson's work and the narrator's delivery. It is an audiobook that any other author should strive to produce. This brilliance certainly deserves no less but a full five-star rating!
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- theodore collins
- 10-06-20
Excellent guide for all
I often purchase audiobooks focused on random topics, and this happened to be one of them. I listen to various books on my way to work and back home, so I do not mind the focus. However, this has got me hooked! I have never thought about stock trading as something massively impressive, but this book changed my mind for sure. I have listened to it multiple times now. I have recommended it to a few colleagues from different departments, who ended up loving it! They got their copies not long after, so it must have useful information even for experienced traders. I am delighted I got this!
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- alex shepard
- 10-10-20
Clear and helpful guiClear and helpful guidede
I have listened through this audiobook countless times and am making slow progress. Soon, I will be the most advanced trader in my family – trust me! With the amount of advice and the author's clarity, I will surely achieve great things.
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- benjamin little
- 10-11-20
Impossibly good
This guide is the most comprehensive one I have seen yet. If you haven't tried it yet, I highly recommend doing so. You will gain an incredible advantage over other stock traders due to the impossible amount of knowledge within this audiobook!
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