When individuals perform tasks that money typically does, they become enslaved to money. Even when these means come to an end, they remain bound to money. Therefore, it is not the abundance or lack of money that enslaves humans, but rather ignorance and greed—qualities that fail to recognize the purpose and utility of money—that lead to this enslavement. Ultimately, it is a philosophical issue. - Joseph’s “just my thoughts”
The basis of any investment is time considerations. The same applies to stock investing. Which stocks to buy depends on whether you are holding short-term or long-term positions. The most significant mistake beginners make in stock investing is buying and selling stocks without following fundamental investment principles. When choosing stocks, they select them based on long-term potential, and when they sell, they do so based on short-term trading because they cannot overcome their impatience and fear that the stock price will decline. Such individuals should refrain from investing in stocks. Even after losing money, they remain unaware of the reasons for their losses, becoming individuals who harm themselves and others. - Joseph’s “just my thoughts”