The Stock Market for Beginners: Cutting to the Chase

By: Sydney Tremayne Click author's name for more of his/her articles

Stock market for beginners? I remember how silly I felt later!

It was my first "investment". I felt so grown up!

I was 20, living in a single room with a pet alligator. I had £20 with the main branch of one of London's largest banks.

Imagine this place: dark polished wood, glittering brass, muted lighting, a ceiling many stories in the gloom above…a place where whispers seemed more appropriate than normal conversation, where staff stole from place to place as if wearing slippers.

I called the manager from a pay phone. The manager! Of a place like a cathedral! And he actually answered the phone. No gatekeeper: here was the Big Cheese himself!

"I have some money," I said, "and I want to invest the entire amount. What do you recommend?"

I did not know until years later when some were brokerage clients of mine that most bank managers know little or nothing about stocks. I just assumed that as banks dealt with money their managers must know how to invest it.

He recommended a South African goldmine that I later discovered was so relatively unknown it was listed in just one newspaper in Britain – the most expensive one specializing in investments and written in a language half of which I did not understand. It certainly did not explain the stock market for beginners.

For a month I watched this ridiculous South African stock add a penny only to fall a penny the next day repeatedly while I spent lots of pennies daily on a newspaper so I could read one tiny line of type.

A month later, I called the bank manager again. "I don't think this stock is very good. Please sell my entire holding!"

Why he didn't bust a gut laughing I will never know. English bankers must starch and iron their faces!

That was 55 years ago, the start of a very successful private and professional life as an investor.

My time today is given to helping others avoid all the many mistakes I made. When you realize a 25-year-old must save twice as much as a 20-year-old to get the same result in retirement (and a 29-year-old must save three times as much) you understand in the stock market for beginners the tremendous value of time and the urgency of starting early and with a definite and protective plan.

Successful investing is easy! Pay no attention to the mumbojumbo handed out by a self-important investment industry that would be without work if everyone knew how easy it truly is.

We will reduce the mystery in this space and come up with bare and simple essentials. The rules you will be provided with are logical and most can be proved with a basic pocket calculator. No degree is needed (or any particular amount of intelligence).

You will learn a system to protect against inevitable falling markets and the panic they cause. You will discover how to take control of your own financial future instead of leaving it in the hands of a commission-based salesman. In a few weeks you will understand what took me 55 years to learn.

You will discover how simple it is to choose good stocks yourself – and how little the selection really matters under the protective conditions I will give you. Those who agonize over each choice largely waste their effort; there is a better way once you know how.

If you want instant wealth you will not get it here. If you're looking for excitement, thrills and spills, you won't get them here. But if you want a careful, patient system that brings you better returns than you probably get now, or if you're in your 20s or 30s and you want a solid shot at retiring a millionaire, stay right here.

All this on one hour a year – just 60 minutes every 365 days. Think this is unrealistic? You won't after you have read this series: The Stock Market for Beginners.

Article Source: ABC Article Directory

About The Author: The Gaffer Wealth System 55 years of professional and private investing enables Tremayne to explain successful investing in this entertaining multimedia course. Become wealthier! There's a one year 200% guarantee.