Making money and avoiding losing it are two different things. There is no guarantee that you won’t lose the money you’ve gained just because you make money well. Wealth can’t be achieved unless it’s supported by the right attitude toward money, proper management principles, and the psychological mindset and self-control suitable for the situation. You can gain some wealth through your skills and abilities, but this is less about being wealthy and more about your psychology, attitude toward money, and worldview. Therefore, being smart doesn’t necessarily make you rich. Most importantly, you need to have a clear understanding of your own identity. - Joseph’s “just my thoughts”
Investing in stocks isn ’ t only about buying and selling shares on the public stock market. One way to invest in stocks is by improving a company’s performance and helping it grow. In fact, this is a more fundamental approach to stock investing. In other words, both trading stocks and managing the company are ways to invest. Buying and selling a company ’ s stock involves trading its shares because stocks indicate that profits will be shared and signify ownership. When a company is well-managed and performs strongly, its stock price rises. The company’s value is reflected in its stock price, making effective management a crucial part of investing in stocks. It doesn’t matter if the investor is inside or outside the company—managers need to understand the core of what they are doing. - Joseph’s “just my thoughts”