Stock Market Investing Or Corporate Careers
Finance → Stocks, Bond & Forex
- Author Stephan Smith
- Published December 17, 2007
- Word count 558
Many people are on a seemingly never end journey to earn a living. Most spend their entire life savings to go to school., get an education and get that so called "secure corporate job" that pays well and has benefits. There are numerous people doing years upon years of studying, taking testes, and spending countless dollars just to get the credentials to apply for a job that you may not get or even enjoy. So what makes so many people follow this model even though the chances of them actually succeeding are slim to none. It’s money.
People want to be able to provide for themselves and their families. The most traditional way of doing that is to go to school, get a secure job and hope you get paid well and get good benefits. fortunately, that isn’t the only way to make a living. A wonderful alternative to make a living is to enter the stock market. By entering the stock market, you are working smarter not harder because you are making your money work for itself. This frees you up, giving yourself more of the most valuable commodity a person can have, time. You also don’t have to go to school for years to be eligible. As long as you are over eighteen years old, you can start and have some money. By entering the stock market, you also get paid well. Just how much? That would depend on what you do, but there is absolutely no limit to what you can earn. Warren Buffet, one of the most successful stock market investors was able to rake in tens of billions dollars in pure profits. By working at a corporate job you would be lucky to break one million dollars in your lifetime. Though the stock market doesn’t offer any benefits, it does offer great opportunity for growth. One can work at the same position at a corporate job for years. Even if you become extremely proficient at your job, its management who gets the final say on whether you get promoted or not. Not so with the stock market, because you are in the highest position. You are in charge of yourself, you command what you buy or sell, and you decide how many hours you work.
A common reason why many people don’t enter the stock market is due low initial funds. People just don’t have enough money to investing. In most cases, that is not true. You can start investing in a special type of stock called penny stocks. Penny stocks are very low priced stocks that wildly fluctuates in price. One day a penny stock can be worth twenty nine cents per share and the next day it can be worth four dollars per share. If you invested five hundred dollars you would have one thousand seven hundred and twenty four shares. If you sold those share a four dollars you would profit six thousand seven hundred and ninety six dollars in one day. However, I must warn you that penny stocks can become completely worthless as quickly as it can become valuable. So caution must be taken because there is risk when dealing penny stocks and the stock market in general, but it is even more risky to try to succeed in a corporate career.
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