Strangely, I didn't have the same worries, at least not until recently.
I only realized how intimidating the market is when I started studying it.
A rebel without a cause, too proud to seek approval or try to find his tribe, I became a nihilist.
Naturally, I dismissed the possibilities of earning in the stock market when I first heard about it in college. The lesson that day was about the "Tulip Mania".
It's how the first system of the stock market was devised. It's rather trivial how it all started. Let me show you why.
Tulip became a status symbol. It has become a craze in Netherlands that people should plant tulips in their gardens to be fashionable and to show off their wealth.
Since it's slow and difficult to grow, a decade to be exact, they produced clones to shorten the process. However, the flowers only blossom between March and May. During this period, the flowers cannot be moved so people have to wait for them to go back to its bulb form before moving [and later on trading] them between October and February.
Aside from these limitations, there have been different variations or breeds of tulips. Some are common and others are rare, like the ones with white and red stripes caused by a decease called "Tulip Breaking Virus". Only infected flowers can produce the said appearance. Of course, the virus kills the plants eventually. I know, right?
Limitations + Rarity = Mania [They dig dying flowers like crazy those days!]
Does that even make sense to you? Anyway, following the logic of supply and demand, more and more people were clamouring for it. However, because of its limitations, those who planted it could only sell it in advance in a form of contracts and these contracts were being sold to any buyer who's interested, for a higher price.
That's the start of people speculating future prices of goods, or at least based on western history books [since ours were buried or probably burned].
Apparently, there's a limit to how much the rich people are willing to pay for the flowers.
That's my first knowledge of the stock market. Can you blame me if I was really hesitant towards investing in the market? Lols!
But then... after years of research on how to be wealthy [of course I was consistently avoiding anything that has something to do with stock market kasi nga it didn't make sense to me before], reading quite a number of articles, watching videos and listening to audiobooks, I finally decided to open my mind and try to learn something about the stock market.
Paano ba namang hindi ko susubukan, eh sangkatutak na ang nabasa ko tungkol sa pagne-negosyo, gumawa na ng iba't ibang business plans, nag-negosyo, nag-fail, nag-negosyo ulit, nag-real estate agent, bumili ng real estate property, nag-abroad para makaipon para sa iba namang negosyo in the future at para sa monthly amortization ng bahay, pero nganga! Lols!
What's more ridiculous than these:
1) Huge Capital
2) A Great Business Idea
3) Business Plan & Proto-type
4) Managing Employees
7) Accounting & Cash Flow
8) Gov't Requirements & Paperwork
1) Huge Capital
2) Research Skills In Finding Profitable, Cheap, And Sell-able Properties
3) Extra Time In Finding Clients/Contacts – In Short, Networking
4) Knowledge In Purchase Process
5) Knowledge Of The Market
6) Some Knowledge In Property Law
7) Communication & Negotiation Skills
1) P5,000 Up To Sawa
2) Extra Time To Invest In Yourself By Attending
- a) Seminars,
- b) Finding Mentors,
- c) Reading Books, Articles, Blogs, News, Watching Youtube Videos, etc.
- d) A System in Finding Profitable Stocks, Execution & Evaluation, & Strategy
Di ko po ipino-promote ang stock market lalo na sa mga kabayan natin na walang tyaga mag-aral. Ako nga po ay marami din doubts noon. Pero kung gusto po ninyo matuto kung paano kumita dito, magsa-sakripisyo po talaga kayo ng oras at effort sa pagaaral.
Para sa inyo din naman po ang pagaaralan ninyo unlike sa trabaho natin na pinag-aralan din natin bago makapagumpisa pero ang kumpanya lang sa huli ang yumayaman. Sisante ka pa pag nagkamali ka o nagka-issue ka sa workplace.
Kagaya ko na kahit gumagawa na ng blogs [para sa mga kagaya kong newbies para just in case someone's facing the same challenges, may mababasa po sila], nagaaral pa lang din po ako.
Ito ang kwento ko kung bakit ko pinasok ang stock market. Ikaw, ano ang kwento mo?
Please find time to read our MANIFESTO: THE LEAGUE OF PINOY STOCK MARKET STUDENTS.
Para sa amin, hindi kailangan na maging boring at kumplikado ang pagaaral ng stock market investment at trading. Tara, group study tayo mga kabayan! Let's all INVESTINFUN!