Wednesday, 1 April 2015

News and Updates~1/4/15: Business news: Is there such a thing as a realistic get rich quick scheme?

Using the Stock market to get rich quick: Is it so hard after all?

At one time or another we have all dreamt of starting our own independent business, getting some money together and one day maybe making something of ourselves. The truth is, it is not as easy at it looks. Investing in stocks and perhaps starting your own business can be very beneficial, in fact if you are lucky enough you may find yourself realising some of your dreams with a new influx of cash. Problem is, as high as the potential gains may be, the risks involved (especially in the stock market) can far out-weigh the positives.

In a time where the economy is at its weakest since Black Friday, it is far more important for the average person to know where to invest their money. If you want to get into stocks, the first step is to research. You need to know the market inside and out, being able to see which small companies are going big, therefore knowing where to strategically place your money. If you are lucky enough, you may be investing in the next Facebook. However, for every successful story of one man getting rich off of his own business or one he has interest in, there are millions who fail to make the first hurdle.

 One key thing must be remembered: An investor has to have a risk factor equal to their risk tolerance. This means the possible risks and money they stand too loose must be equal to how much they can afford to loose. There is no point in investing 100 pounds in a business where you could easily loose 200 pounds. Nevertheless, the greater the risk, the greater the reward (if you made the right decision that is). For some, getting rich quick may not be as hard as they first thought- the question is... How much are you willing to risk? 
Here is our list of some small businesses who have been getting it right and could be invested in: 3LEGS RESOURCES, ARIANA PLC, AGGRITERRA LD, BOXHILL TECH, EURASIA MINING and EVOCUTIS

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