REAL QUICK: HOW TO NOT LOSE ALL OF YOUR MONEY IN THE STOCK MARKET
Heyyyy y’all, HAPPY MONDAY and welcome back to another REAL QUICK! And this week I am sharing some tips on how to not lose ALL of your money in the stock market. Since launching my Wealth Squad, I notice most people are not investing in the stock market because they are afraid of LOSING MONEY money.
While investing comes with the risks, you actually don’t have to lose money. It’s perfectly ok to take CALCULATED RISK. Theres a BIG different between investing and trading, and trading is normally where people lose most of their money. And that’s why I stop teaching penny stocks because again and again trading is RISKY.
What is the difference between trading and investing? GREAT question, Trading is identifying market trends and buying or selling stocks quickly to make profits. Meaning trading is super quick and if you are not quick and keeping up with trends you WILL lose money. Investing, on the other hand, is pretty much based on buying stocks of a company after carefully doing your research, reading the company’s financial report, how often the company launching new products etc.
real quick story of how I missed out on $25K by focusing on trading instead of investing.
Early in the year I was focusing heavily on investing in penny stocks, I was making money about $100-$300 a day so I was EXCITED, and being me I was ALL in. But I was waking up everyday to trade trade trade, study trends, reading articles, learning charts, watching YouTube videos. Because trading is TIME-CONSUMING. Well I had $1500 and at the time Zoom was at $30 something, and I literally wanted to buy 50 shares of Zoom but I didn’t, instead, I bought 1500 shares of a penny stock. To date I’ve made about $9k in penny stocks gains, which is GOOD. BUT Zoom is currently at $500 meaning I would have made $25k from just 50 shares of ZOOM ALONE.
So the key to NOT lose money in the stock market, well at least not ALL of your money or miss out on money is to focus on INVESTING. You can invest longterm or short-term. With investing you get to take calculated risk. Invest in companies that the world loves, consume daily and been around for decades. Companies that pay dividend, companies that will pay your bills AND eventually RETIRE you.
And with investing there’s no rush. If you plan on buying and hold for 5-10 years then there’s literally NO RUSH. You can build up shares as you go.
So how to NOT lose money in the stock market? Focus on Investing instead of trading and no, you don’t have to risk it ALL, it’s perfectly ok to TAKE CALCULATED RISK.
I hope this post help, thank you~~~
Thank youuu sooooo much for stopping by and if you are new in investing in the stock market and don’t know where to start I have a full digital shop of ebooks & courses, check it out HERE. And I recently launched my Wealth Builder Community to help my ladies build wealth. And if you don’t want to be a part of the community but you want to learn how to invest longterm, grab my HOW TO CREATE A LONGTERM INVESTING PORTFOLIO course HERE.