
I am looking for some feedback about a blog I recently began. It’s a stock market blog catering to deep thinkers. Care to give me your opinion? Thanks in advance.
The Best Stock Trading in the Worldhttp://thebeststocktradingintheworld.blo…
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Posted by Editor on July 9, 2009 in Earn Money Blog · 6 Comments
As a finance student I would just like to point out that one need not be especially smart to understand the stock market. Furthermore, why would you need to cater solely to ‘deep-thinkers’? WOuldn’t it be more prudent to cater to everyone and not keep business-related ideas away from ‘not-smart’ people?
“Success in investing doesn’t correlate with I.Q. once you’re above the level of 25. Once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble in investing.” – Warren Buffet
Don’t try to group investors together as a bunch of “smart people”, don’t aim to have your blog as if it’s some type of “prestigious” club for a bunch of “smart’ people who love stroking their egos and also like to consider themselves “deep thinkers”,… i whether you use words like dedicated, and determined instead, wouldn’t you??
LOL!
Your blog is a little like someone posting their predictions for NFL scores every Monday morning, AFTER the games have been played!
You make some good points here, but you could summarize your blogs into about 3 parargraphs.
also, you should sort your website to have the oldest blog on top and newest on the bottom… pain in the neck to keep reading out of order. I’d recommend removing your blog format and summarizing. Blogs are really there to update people on new findings or advances on the subject they are writing about. It seems you’ve had an agenda since day one.
I also have a problem with your stock trading. There are fees involed with every transaction so you HAVE to invest a lot of money in order for the cost of transaction to be minimized.
There is no doubt your ideas are good and the power of compounding interest is huge, but without consistant insider information, there is no way you can continually get a 27% return on your money. Warren buffet would invest hundreds of thousands of dollars to hundreds of millions of dollars into his investments and they wouldn’t just grow 27%, they would grow 1000%… when he got his start, he did just as the rest of us did… diversify and watch. Once he had play money, then he was able to make some sizeable risks and was paid handsomely as a reward.
I guarantee you right now, that if you were to start a blog today investing $1000 in a mock ‘no-load’ trading account, you will not show more than a 12% return at the end of the year. On the other hand, if you had $1,000,000 I could connect you with some people that could make your money blow up!!! If you had $100,000,000… no we’re talking… Buffet did not make all of his money by investing in companies… HE PURCHASED COMPANIES… there is a big difference.
uuuhhh yea sure…its cool….
You seemed a bit obsessed with words like, “smart”, “thinking”, “mind”. People who do this come across as being arrogant. The smart people are in universities teaching mathematics, physics, chemistry, biochemistry, etc. but most are not rich. Rich and smart kind of go together, but in a different way. The people who become rich have that as an interest and devote time to it.
The stock market is like looking at a cutaway view of a mountain and then trying to guess what the rest of the mountain looks like. In my opinion, it would be better to think of ways to encourage an ongoing interest in the stock market; keeping up to date; maintaining the interest and study and not giving up or letting your guard down. That is more practical than singing the praises of being ‘smart’.