Stock Market Investing

Reuben Advani

Chapter Chapter 15 in Financial Freedom, 2013, pp 109-116 from Springer

Abstract: Abstract Growing up, my dad used to say he would never invest in stocks because the stock market is not for the average investor. He intimated that the market was rigged and, as I grew older, I began to wonder whether he just might be right. At the same time, I felt that he very well could be ignoring an investment opportunity of a lifetime as the stock market seemed to reach all-time highs on a regular basis. After careful analysis, I decided to recommend a stock pick to my dad so I presented him with the case for Coca-Cola. My friends would drink copious amounts of Coke, and the company had recently announced a discontinuation of its original formula only to have it reinstated after a brief period of time. All in all, this created a publicity coup for Coke, launched the Cola Wars, and shot the price of Coke stock through the roof. I begged my dad to buy shares of Coke, but he refused. Coke went on to become one of the most successful companies in history (with a stock price to match) and my dad kept out of the stock market settling for safer, low-yielding investments. Years have passed and I have studied the vagaries of the stock market. I can appreciate my dad’s words of wisdom, but not without some revision. True, the stock market is not for the misinformed or ignorant. But, at the same time, it can be an effective way to recognize solid investment returns over the long run. But buyer, beware! The stock market is not for the novice investor. Do your own research and you just might find yourself generating steady returns.

Keywords: Stock Market; Stock Price; Mutual Fund; Hedge Fund; Fund Manager (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-1-4302-4540-7_15

Ordering information: This item can be ordered from
http://www.springer.com/9781430245407

DOI: 10.1007/978-1-4302-4540-7_15

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().