One way to grow wealth and let money work for you is through investment in stocks. Some of the world's wealthiest individuals include traders in the stock markets. For instance, the legendary investor Warren Buffett made his fortune from stocks. There are many others, including John Templeton and Benjamin Graham. An insightful ysis of their investment approaches reveals a lot about stocks and stock markets. Interestingly, their stories are not just about success, but they also illustrate what it takes to achieve financial independence, especially through stock investing.
Some people and businesses don't have anyone behind them to bail them out when things turn for the worse. For individuals and businesses living on the edge, the financial crisis of 2008 was a disaster. For the individuals and businesses that were prepared, or not living on the edge, it has only been an ongoing pain or a problem that has at least some solution. In this day and age, we have learned to live on the edge in so many ways, and it just seems to be the way the world works at the moment. But there is also comfort and a sense of well-being that comes from saving for a rainy day or having the capacity to carry on normally when things go wrong. Savings and inventories carry a certain amount of financial burden due to lost earnings or profits, but if you can live with the present lost opportunities, you can avoid disaster during a crisis. Living on the edge can be exhilarating and even profitable, but it can also be painful because there are risks associated with those behaviors.
Many times, stock markets are made to look so attractive, and all the stories given about them are only those about how certain individuals made it in a considerably short time. Equally, many have lost a greater percentage or even the whole of their investments in some instances due to a lack of information.
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