Friday, February 1, 2008

10 reasons to invest in stocks

the overall reason of course is to earn money :)

1. It forces you to get out of the bed before nine in the morning (trading is @ 9:30-12:10)
2. Convenience - trading can now be done online
3. It serves as "small talk" for people you don't really want to talk to.
4. It's fun
5. It's a good mental exercise
6. You get better chances at good returns - Interest rates at ordinary bank accounts rarely beat .5%;
7. It encourages savings - instead of spending your spare cash on the latest gadget, you get equity! (ownership in a company)
8. You can earn money off short-term trades
9. You can earn money in the form of dividends
10. If the short term is bleak, good stocks will almost always grow in the long run anyway.

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