Financials Matter

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Why Certain People Should NEVER Buy Stocks

If you read our daily emails, then hopefully you’re not the type of investor who should never buy stocks.

But if you are, pay close attention…this might save you a fortune.

It’s ironic that with all the information available to us today (literally at our fingertips), people make the same investment mistakes over and over again.

Then, they complain and whine about how they always seem to lose money in the stock market.

It all goes back to a few basic things:

  1. People are lazy when it comes to researching stocks
  2. Their laziness causes them to accept a TV guru’s opinion of what stock(s) they should buy
  3. They’re always looking for that “one stock” that’s going to make them rich.

Sorry, folks…it just doesn’t work that way.

Based on this reasoning I’ve told certain people that they shouldn’t be in the stock market.

Some take it as a personal insult while others thank me for being blunt.  And the ones who are insulted usually ignore my comments and get burned in the market.

They’ll argue that their “feelings or opinion” of the market will prove them right in the long run.

They totally miss the point that the market doesn’t care about your feelings or opinion.

In fact, it thrives on that kind of foolish mind-set.

Then, Wall Street’s bought-and-paid-for media miscreants add fuel to the fire causing investors to do the wrong thing at the wrong time…and the cycle continues.

If you haven’t read “Do You Make These Mistakes When Investing,” you can access it here for free.

However, if you’ve read it and are still not confident about investing, you should take the plunge and subscribe to our newsletter “…In Plain English.”

You’ll thank us later.

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