{"id":465799,"date":"2017-04-04T13:56:19","date_gmt":"2017-04-04T13:56:19","guid":{"rendered":"http:\/\/juniorminingnews.com\/?p=465799"},"modified":"2017-04-04T13:56:19","modified_gmt":"2017-04-04T13:56:19","slug":"investing-is-simple-but-not-easy-heres-how-to-succeed-2","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=465799","title":{"rendered":"Investing Is Simple… but Not Easy (Here\u2019s How to Succeed)"},"content":{"rendered":"

By Matthew Carr<\/a><\/span> Investing is simple. Not easy.<\/p>\n

You should understand this distinction. So allow me to clarify with a quick story\u2026<\/p>\n

I was listening to a gentleman probably 20 years older than me talk about how his guitar lessons were going.<\/p>\n

He was intelligent. He was well-educated and successful. When he was a boy, his family pushed him toward the sciences and engineering. (He ultimately built a lucrative career in this field.) But in order to foster his success, they kept him away from anything having to do with the arts \u2013 music, painting, etc.<\/p>\n

It wasn’t until three years ago that he decided to take up the guitar.<\/p>\n

\u201cIt’s very frustrating,\u201d he admitted. \u201cI thought I would be better by now.\u201d<\/p>\n

All of his other successes \u2013 his aptitude for science and math, his mountain of professional accomplishments \u2013 had made him feel invincible.<\/p>\n

He figured that if he read voraciously about music theory, he would pick up a guitar and, magically, be able to play like Wes Montgomery or Stevie Ray Vaughan. He didn’t expect he would have to put in the same amount of hard work that had been required in his professional life.<\/p>\n

That dawning realization seemed to have knocked him back on his heels.<\/p>\n

\u201cI just want to be able to play something others can appreciate,\u201d he said. \u201cSomething I can appreciate.\u201d<\/p>\n

At one point or another, I’m sure you’ve felt this way about some aspect of your life.<\/p>\n

Most people get this feeling when they first start investing. And I believe a lot of this frustration \u2013 including claims that the markets are rigged or unfair \u2013 comes from the idea that you can just jump in and instantly be successful.<\/p>\n

As I said, investing is simple\u2026 but not easy.<\/p>\n

In fact, buying shares of a company online is less complicated than ordering a pizza. You just enter the ticker symbol and how many shares you want, and then press \u201csubmit order.\u201d It doesn’t get simpler than that. (Alexander Green recently wrote about that here: \u201cThe One Investment Technique That Beats Growth\u2026 and Value<\/a>.\u201d)<\/p>\n

But buying shares in a good company\u2026 an investment that’s going to generate strong income and\/or returns? That’s far more difficult.<\/p>\n

You have to understand whether the valuation metrics are good or bad\u2026<\/p>\n

Whether the company’s growth opportunities are solid\u2026<\/p>\n

If the management is intelligent and overcoming the challenges that dog its competitors\u2026<\/p>\n

There’s a lot to consider. And even if it all looks perfect \u2013 everything is in tune \u2013 some black swan event can always cause your investment to go belly up.<\/p>\n

It’s how you respond in these moments that will determine if you belong at the \u201cnovice\u201d table\u2026 or if you can sit amongst your more seasoned counterparts.<\/p>\n

Most novice investors would opt to \u201caverage down\u201d \u2013 that is, buy more shares of an investment that’s falling in value. They tell themselves that, by doing this, they’re moving their cost basis lower.<\/p>\n

They fail to recognize that their cost basis is still well above the company’s current valuation.<\/p>\n

I’m a proponent of using trailing stops<\/a>. They eliminate the emotional side of hitting the sell button.<\/p>\n

Losing money always \u2026read more<\/a> <\/p>\n

Source:: Investment You<\/a><\/p>\n

The post <\/a>Investing Is Simple… but Not Easy (Here’s How to Succeed)<\/a> appeared first on Junior Mining Analyst<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

By Matthew Carr Investing is simple. Not easy. You should understand this distinction. So allow me to clarify with a quick story\u2026 I was listening to a gentleman probably 20 years older than me talk about how his guitar lessons were going. He was intelligent. He was well-educated and successful. When he was a boy, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/465799"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=465799"}],"version-history":[{"count":0,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/465799\/revisions"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=465799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=465799"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=465799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}