Why Investing Is Boring ?

To quote one of the best investors in today's world, George Soros, he says, "Why Investing is boring, if you have fun doing so, you probably lose money." What does he mean? It refers to the many hours of research, analysis and digging for good information needed to invest successfully. 

Everyone can read a 5-minute article on Bloomberg or CNN of money, but this type of resource rarely gives the type of information you will need to succeed as an investor. I will not go into the reason why, but it is enough to say that the search is difficult, and good research is more difficult, nobody gives it for free, and if it is, they do not give it at all at all They use it to become rich.

Think about quality search as inner information; You have it, and if you let it out, you will lose your advantage. That's why it's imperative that you do your own research or find at least one first-rate service, which will cost you money to all likelihoods. You do not work for free and no longer work. Knowledge is power, we live in the age of information. Understand this, and you will understand why you will not get the golden nuggets by passing 5 minutes to Bloomberg or CNN.

In addition, practically no one is ready to do the hard work hard for good solid information. The majority of investors reflect our society, they wish now, without any effort and preferably no cost. It is this attitude that makes it an easy prey for the benefits on the market, which have put these articles and too often, have trades to take advantage of lazy investors who will invest because of these articles.

This attitude also explains why so many traders have lost so much money on autumn of oil. They did not understand the forces behind the fall and not educated on how the energy market had developed extreme excesses of production and supply in recent years. The most in the story actually. Had they did their homework, they would have known that the EIA has been warned about the surplus offer since 2013 and each American refinery was or close to the supply of supply. Instead, investors mistakenly believed that because oil had been $ 100 so long ago, it had to return soon, the market forces would drive it there. But the market forces had changed dramatically and many powerful changes occurred to bring oil to the fastest rate in history.

We now know all the facts, and everything is too clear, why the oil has fallen now. In fact, now that the facts came out, many traditional sources suggest that we could even see $ 20 of oil. None of this concerns however, the damage is made and the movement occurred. That we can reach $ 20 or not, is not as important as falling from $ 110 to $ 45. Nobody gains money in oil now, with the exception of Saudis and some Middle East nations. They have the lowest cost per barrel of any producer in the world, so they do not want to leave these prices staying, they know they will be the last man standing and can then make prizes up to their choice . But they can not do that until competition is removed.

See the game being played? You think the traders would have bet on the oil descending, they knew that? Nevertheless, they would have gained courtesy oil instead, as some did. So, the name of the game is information, the better, the more money you will make. Do not be careful, but do not assume anyone who loads you with big money will provide superb information either. Choosing a source of information is the most important decision you make your investments. At Wealth Management Vancouver, our Edge is information. Our clients know the value of it and because they take advantage of it, the cost is fully justified.

Source by Michael Richard Yates