I’ve shared this graphic by Morgan Housel of The Motley Fool here before. I’m featuring it again today because it is very relevant to the current market situation.
Hold on and be patient. History demonstrates it will pay off.
* The Stock Market is For Everyone, Eric Milton’s short guide to stock market investing for beginners, is available in e-bookandpaperbackformats. If you like what you see on this blog, we hope you’ll take a moment to purchase and read the book, let us know what you think via a blog comment or Amazon review, and share this information with others! Thank you. *
If you are pondering what to spend $200 on for your child’s Christmas gift, consider this.
Instead of buying a toy or device that will be forgotten about or obsolete in 3 months, may I suggest buying one share in the worlds largest e-commerce company – Alibaba – for about 190 bucks?
Your kids may not like it, and it probably won’t make them jump up and down with excitement, but in 20 years, when that one share of stock is worth $1,000,000, they will kiss the ground you walk on.
Don’t have a clue how to get started? Check out my short, easy beginner’s guide to stock market investing.
Enjoy your holiday season!
My book, The Stock Market is For Everyone, is a short guide for the beginning, inexperienced investor that is easy to understand and can be put into action immediately.
Click the image of the book at left to be taken to its Amazon page. (Disclosure: As a participant in the Amazon Services LLC Associates Program, I earn a small commission on each sale generated through these links.)