The current explosion of the stock market is unprecedented by any period in its history. Since the 1980s, the number of American households that own common stock has risen from below 20 percent to just under half. And, this does not include households that hold stock within their retirement plans or other indirect means. A significant portion of this growth is a direct result of the proliferation of information available to the public through such new forums as the
Internet. Any information without explanation, however, is useless.
As a result, many people view the stock market as the domain of number crunchers who speak in a foreign language and do things the average person couldn't begin to understand. This lack of understanding often leads the person on the street into the arms of a financial professional to manage his or her money. This in itself is not necessarily bad. Many people, however, are surprised to discover that with a minimum of effort, they can become fully qualified to handle their investments themselves, much as they handle their other finances. In addition, people who have hired someone to manage financial matters for them place themselves in a particularly vulnerable position if they do not have even the most rudimentary understanding of how their money is being managed.
Linkback:
https://tubagbohol.mikeligalig.com/index.php?topic=33421.0
