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Why following tips will never make you rich?

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Trading Psychology Discuss the psychological aspects of trading such as fear, greed and discipline.


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Old 18th May 2008, 11:20 PM
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Default Re: Why following tips will never make you rich?

Quote:
Originally Posted by buns404 View Post
Why following tips will never make you rich?

In the past, Indian investors have faced a problem of information scarcity. In the 1990's & before, there was no internet, no business channels, only 1-2 If you do not get the time to do analysis or track the results of the stocks you hold, you should invest through either a Mutual Fund or a portfolio manager on whom you can rely fully. In US 95% of retail investors use this route and Indians will follow soon.

Good article.Moreover in earlier days few (4 or 5 issues)we used to depend on EVENTS like BUDGET,monsoon,Economic data ,Credit policy etc....Now the picture is entirely different.We are depending on global issues like BOJ (Bank of Japan)Credit policy ,Fedrate,US job data etc..etc which make thing a bit COMPLICATED.
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