Of course you don’t, I understand that completely. I don’t “play” the market either. I don’t even know where the phrase “playing the stock market” even comes from. This often common terminology is misleading but actually undermines what Good investors are doing.
YOU will find risk in any investment, a true investor will be calculated well researched enough to warrant the associated risk with whatever move you will decide to make.
To profit one should consider that high-risk stocks do have the potential to go through the roof, the CHANCES of profiting are slim though. My college professor said that we are more likely to be. Senator than we had of winning the Super Lotto Jackpot!).
Trading stocks is not something for a novice? I’d argue you could ask the same question of someone who’d been doing it for many years. The answer in both cases is a resounding “NO” unless you don’t have anything else to do. successful day traders are few and far between. Thinking of quitting your job to become one would definitely be a risk. You probably want to do something else, long term investors are lucky to be able to do that. My personal opinion is that you should do whatever you want to do.
I take what I know and help people apply it to their financial goals. The people that listen and do what I tell them to do WIN every time. This is my job and this is why I do it, to help people like you have financial freedom.
It is hard for people to understand why they need an advisor but when you consider this is all they do and they are here to help you. If you ask yourself do I have the gumption it takes to achieve my goals do you still want to risk investing your money without the advice of an expert. That almost makes sense, until you consider once again that good investing takes time and patience, which is what makes people successful in their day job. Good investing is not and can not be an emotional thing for you.
The bottom line is that you need a coach, a mentor, an emotionally uninvolved professional who can take a step back and help you see the big picture for yourself, help you define your goals, and help you reach them. You don’t have to Play to be involved in your investments.
