Reach Financial Freedom Through Penny Stocks

1. Reach Financial Freedom Through Penny Stocks
 
 In the business world, there are many ways to increase your wealth. The most common method would be finding a job and receiving a steady pay check. Other people start their businesses and attain ways of living that depends solely on the success of their ventures. Individuals with enough money will set aside savings and enjoy a sure yet slow benefit from dealing with interest rates that banks offer. And then there are those who chose to go with stock trading and investing. Investing comes in many forms, but one of the most lucrative and fruitful method is to invest in the stock market. First, let us understand what is the difference between stock trading and investing? Both terms seem similar, as both are aimed towards generating profits and making plenty money. However, these are two very different methods of making profits in the financial market. In trading, the focus is on short-term gain, from buying and selling, deriving profits from price movement of, for example, stock. Long term prospects or value of the stock is not the primary concern here. We aim to reap profit within a short period, say within weeks, days, hours, or even minutes, depending on the types of trade. Investing, on the other hand, focuses on a long term gain from the value of the stock. An investor usually takes a long term view and look at the value of a stock or a business that can appreciate in value over time, and profit from its capital appreciation. The short-term fluctuation of the financial market is not as much concern. So which method is better, which method should you go for? These are common questions usually asked. A stock and investment expert has this to say; ‘’I have been doing both, and l will explain by sharing with you from my personal experience, to help you better understand and in making your decision. In my early years, I was young then and time was my friend. I could afford to take more risk, as I had a longer time horizon to recover from any setback should I fail to succeed. What I did not have much was money. I would like to see quick results and earn money in a short period. I decided to start acquiring the necessary skills to do trading as my form of income. As a trader, I spent plenty of time doing technical analysis of stocks, executing and monitoring price movements and my trades. A lot of attention and focus were required on a daily basis. I made good profits on some days and losses on others. Though I managed to make more profits than losses, I spent plenty of hard work and efforts doing an analysis of my trades and fine-tuning my trading strategies, methods, emotions to seek more consistency in my trades and profits. Later on, I got married and had a family. This was when I started to re-examine my priorities in life, and the ways I was going to create my wealth.

2. With a family, I started to do long term financial planning. I began to look at spending more time with my family, and this was when I look forward to achieving financial freedom. Having a family helped me re-strategize the way I would want to achieve my financial goals and freedom so that I could have more time for my loved ones. This was when I started to re-channel more efforts towards investing, By investing, I hunt for good value stocks for either growth or income. My strategy is to keep the stocks over a longer period. As good businesses grow, the value of their stocks will appreciate in the long run. Some stocks have been in my portfolio for the past one to two decades, increasing in value consistently in the long run. By doing investing, I spend much lesser time having to monitor each stock, unlike trading. At the same time, these stocks are providing me with good dividends as my passive income over the years. Investing has helped me to achieve financial freedom, free up my time to either spent with my family or continue re- investing my gains and looking for new investment opportunities as my passion.’’ 
 You should have a good idea between trading and investing, and in a better position to determine the suitable methods to deploy in your journey to financial freedom while growing and preserving your wealth. 
 
 Want To Learn How To Turn $1000 into $2500 in One Day
 Click Here
 
 
 https://tinyurl.com/yczn8ume
 
 
 
 Learn How To Gain Financial Freedom