10 items to add to your financial bucket list


Laughing Stock


A light-hearted look at stocks, trading and investments


with returns higher than 30% is


rare, but the stock market definitely offers opportunities where one can achieve inferior returns to that. Most people who are not involved in the stock market have the misconception that it's as easy to obtain money on the stock exchange as to find money growing on trees.


This is undoubtedly not the case, since an equity fund manager will be more than satisfied with the fund constantly achieving 18-30% return per annum over a long period of time. More risk- averse balanced-, and money market funds will do a little less than that on average. 6


Owning more than 50% of a company's shares.


This is not easy


to achieve, but the sense of power from owning these shares is what separates men from boys in the market. When an investor owns more than 50% of the shares, he has control.


Some people like Trav Bell have taken the bucket list phenomenon to another level. Known as the 'Bucket List Guy,' Bell claims to be the world's number one bucket list expert. He says he has seriously studied the global phenomenon and has made it his life mission to develop his own philosophy around it. His approach is to continually add to the list and cross things off it. “An active Bucket List gives you a purpose, a direction and motivation to work hard or own a profitable business,” he remarks. Most importantly, says Bell, a bucket list helps you to create a life by your design, rather than letting life just happen to you.


Beatthemarket.co.za | March 2012 QUESTION: When does a


person decide to become a stockbroker?


ANSWER: When he realises he


doesn't have the charisma to succeed as an undertaker.


******************************


You know you've gone to the wrong stockbroker when you ask him to buy


#1 Become financially literate.


#2 Be able to read and understand corporate balance sheets, income


statements and other financial documents.


#3 Create a financial strategy.


#4 Have a positive net worth.


#5 Invest in the stock market.


#6 Invest in real estate. #7 Invest in commodities such as gold and silver.


#8 Own gold bullions. #9 Create enough passive income so that you don't have to work another day in your life – being financially free.


#10 Become a millionaire.


IBM and he asks you spell it.


The


as half empty. The


half full.


The stock market day trader JUST ADDS WHISKEY


****************************** How many stockbrokers does it take to change a light bulb? Two.


and drop it, and the other to try and


One to take out the bulb sell it before it crashes


(knowing that it's already burned out).


****************************** BULL MARKET:


A random


market movement causing an investor to mistake himself for a


financial genius. page 31


1,000 shares how to


in


****************************** pessimist


sees the glass optimist sees the glass


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