I need to know what is the biggest challenge or challenges you have ever face in the world of investment.
Thank you
2007-11-30 13:23:30 · 7 answers · asked by Anonymous in Business & Finance ➔ Investing
I am agree with slavaret2, emotional and greed is the main challenge.
Beside that my main challenge is money management. That mean how much stock you should buy and etc.
Make a conclusion from the technical side with the effect from emotion.
2007-11-30 13:52:23 · answer #1 · answered by SpookyFox 5 · 0⤊ 0⤋
Boy, where do I start?
I could probably write a book on the subject. But it really boils down to human nature - i.e. the biggest challenges are within yourself:
1) Arrogance: you don't know what you don't know. You gain confidence as you learn, but the more you learn, the longer the learning curve becomes. It's a never ending journey.
2) Emotions: many things in the market are counter-intuitive. It takes a lot of discipline to sell into enthusiasm and buy amongst pessimism.
3) Independence: you MUST think for yourself; CNBC, Cramer, or your friendly financial advisor won't make you rich.
2007-11-30 13:46:27 · answer #2 · answered by Anonymous · 1⤊ 0⤋
The emotional challenge of doing something risky.
2007-11-30 13:33:42 · answer #3 · answered by Dude 3 · 0⤊ 0⤋
Making the commitment to invest those first few dollars.
2007-11-30 15:06:53 · answer #4 · answered by nealeinmi 3 · 0⤊ 0⤋
Learning when to get out, mostly when I've taken a loss!
2007-12-01 04:29:07 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Money management and managing emotions.
2007-11-30 15:05:12 · answer #6 · answered by !!! 7 · 0⤊ 0⤋
the biggest risk is not taking any risk at all.
2007-11-30 13:26:41 · answer #7 · answered by Anonymous · 0⤊ 0⤋