Yes, you can. The key is education, discipline, and money management.
Most people don't have all three, thus that's why they lose money. Now there are times when the market is in a strong bull run. And in those times, just about anybody with a check will make money. The difference is what people do the other 50-65% of the time when the market isn't running as strong.
Anyways, the answer is yes. There are many, many strategies which work for people to make money. But after learning them, it's important to apply the other disciplines mentioned above.
Hope that helps!
2007-03-01 15:06:15
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answer #1
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answered by Yada Yada Yada 7
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To answer your question, most people cannot make a living out of the stock market unless you plan on living only on interest payments from your stocks.
To earn 100,000 per year at an average 10% return, you would have to have 1,000,000 invested in the stock market.
As far as beating the market goes, 80% of Wall Street's most savy, bright investors never beat the market. If you can, get a job on wall street and they'll pay you 10x the yearly salary that you could ever earn on interest payments.
So, put that cash away for retirement! The earlier you start, the more compounding will help you. Best of luck.
2007-02-25 17:52:01
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answer #2
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answered by JP 2
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You can make a living out of the stock market.
Look at Bill Gates. He could coast along for the rest of his life by selling the stock he owns in Microsoft. He's an extreme example.
Over the long term, it's said the stock market produces an 11% annual return. Say you start with $800,000 in the stock market. I'd say you could have an average lifestyle with your money in the stock market, even if your money does only what the market long-term average does.
2007-02-25 15:49:25
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answer #3
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answered by Anonymous
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well... if you get lucky, the kinda ride on an investment for awhile. but otherwise... no.
2007-02-25 15:46:31
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answer #4
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answered by answer-seeker 2
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