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Joshua's Beginner's Investing Blog

By Joshua Kennon, About.com Guide to Beginner's Investing since 2001

5 Secrets to Making Money During the Storm on Wall Street - Now Is the Time Fortunes Are Made

Friday September 19, 2008
In a world of twenty-four hour news cycles, every piece of small data seems like a monumental reason to begin trading shares in your retirement or brokerage account. From the jobs report to natural gas inventories, one would think that even taking a break for a cup of coffee or to use the bathroom could potentially destroy the hopes of early retirement.

The powerful, undeniable truth is that making a lot of money doesn’t require a high IQ, either in the market or in business. It takes ruthless cost control, disciplined routine, and a focus on doing what is right for the long-term. Whether you are running a McDonald’s franchise or managing your 401k from your home office, perhaps Nobel prize-winning economic Paul Samuelson said it best: “Investing should be like watching paint dry … If you want excitement, take $800 and go to Las Vegas.”

With that in mind, we wanted to give you some peace of mind by sharing the 5 Secrets to Making Money During the Storm on Wall Street. By reading the article, you can learn the tried and true strategies that have helped millions of average investors amass substantial wealth for themselves and their families.

Comments
September 23, 2008 at 9:29 am
(1) YoungMoneyTalks says:

Wow, what a great post! I’m inspired.

Number 4 was definitely an eye-opener. It’s amazing to think how much of a difference 1% can make over the course of many years. If we’re just a little bit less lazy about our finances when we’re young and take a few minutes to do what is basically simple arithmetic, we can make real, tangible changes to our financial futures.

July 21, 2009 at 3:15 pm
(2) heather says:

I found a great website that i found after spending a couple days online i finally found a website that actually works all you have to do is signup which is free and then you can start making money right away.
http://cashcrate.com/1442069

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