Shares

This page is for all the people who are more interested in the share market. Firstly, most people find the share market ‘risky’ and its mainly due to stories from family members or friends bad experiences. They are most likely one of the many ‘wannabe’ traders/investors who implement the most famous share strategy, “Buy, Hold and Pray”. What they most probably don’t know is that it is one of the most dangerous strategy known to man!

How you can tell if a person is insane is simply if that person is doing the same thing over and over again and expecting different results. Many ‘wannabe’ traders/investors have been doing the “Buy, Hold and Pray” strategy all their lives and are expecting different results… Its insane! What they need to do is change what they are currently doing because its obviously not working for them!

Its very simple, just ask yourself these questions:

  • Do you own a car worth more than $10,000? If so do you have insurance on the car?
  • Do you own shares worth more than $10,000? If so do you have insurance on the share?
  • Is your share portfolio worth more than your car?

My guess is everybody who owns a car worth more than $10,000 will have car insurance. And nearly everybody with a share portfolio worth more than $10,000 DO NOT have insurance on it. Sadly, most people’s share portfolio is worth more than their car and is NOT PROTECTED. If you are feeling naked or unprotected at this point you need to read on!

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