I think you'll do as well as most professionals. Most professionals don't beat the market. Let's not over-rate my industry. But if you have time, you can be in good mutual funds that have good records.
Sentiment: POSITIVE
I would suggest that you only take advice from those people who have a lot of experience and who you trust as well. Also, be extremely conservative with your investments.
To make the most of your money, I recommend sticking with mutual funds that don't charge a commission when you buy or sell.
When it comes to my career and investing into myself, I'm going to be very particular and meticulous about how I'm doing things so that I can reach the level of success that I want. I'm also going to take some chances, because who better for me to invest in than myself?
Ultimately, I'm in the fitness industry. But, I've branched out from there quite a bit. I began doing consulting on writing and getting published in magazines in about 2011. Right around that time, I started doing some angel investing and looking to grow my skills and general experience outside of that.
Although professionals are able to extract a considerable amount of wealth from amateurs, few stock pickers, if any, have the skill needed to beat the market consistently, year after year.
Some people, through luck and skill, end up with a lot of assets. If you're good at kicking a ball, writing software, investing in stocks, it pays extremely well.
Buy into good, well-researched companies and then wait. Let's call it a sit-on-your-hands investment strategy.
I have spent my career making a difference with underperforming assets.
I like to invest in companies where I can really add value from my experience, network, etc., so checking out my portfolio of other investments, and my background, will generally give some guidance there.
I think in every industry you need to have a lot of talent; you need to have a lot of drive, but you need a little bit of luck.
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