Tuesday, 19 April 2011

Getting Ready For Action!

As I said in my last post - I've sorted out a trading account with the
bank that I am now with. It's certainly an exciting time for me, but
I've still got a few things to check out.

I've been on the ASX website and studying topics to further expand my
understanding of the way that the financial markets work. I'm actually
quite happily suprised with the amount that I already know about stocks
and the associated terms and devices that accompany the trading of them
in particular. But, do I think that I'm ready for the "big time"? Bloody
hell, no.

I've been learning more about Electronic Traded Funds (or ETFs) to see
if they are something that I am interested in. To be honest, the whole
concept of them just seems really fucking confusing at the moment and I
think the reason for that is that no one seems to just want to explain
something in easy to understand terms. It's almost like they want the
normal public to be confused about how to trade on the markets
correctly! I can only imagine that the reason for that would be to make
sure that there is always some numb-nut to buy something being sold at a
jaw-droppingly high price or to sell something that really shouldn'[t be
sold at that point.

Still, maybe that's just my viewpoint on the matter and I could be, for
all intents and purposes, talking shit.


In other news, I've started reading magazines or newspaper sections that
are business/finance specific. I'm hoping that this will help me out in
learning more as I've always been one of those people that can just end
up working things out in my mind if I just keep flooding it with
information about the topic. Hey, it worked for me with physics, so
there's (hopefully) no reason why that same plan of attack won't work
out here for me too.

Although, there is something that I find rather bizarre about the
'business world'. And that is that it seems to be in complete and utter
denial. It's as if they just don't actually want to admit that they are
obsessed with money. They talk about how to invest, and returns on this
and that and how to reduce losses etc etc. But, they never seem to say
"fuck yeah, I'm loaded". Perhaps that's because I'm completely and
utterly brash and have no shame in coming right to the point (usually
far too harshly for those around me), or maybe it's because some might
said that I'm immature and therefore don't understand the certain ways
and flows of the financial world. Personally I like to say that it's
because they don't want to admit that they are basically in a
dick-measuring contest.

Is there anything actually wrong with saying that you want more money
than you currently have? And if not, is there a point when it becomes
wrong to say the same sentence? Perhaps when you are generating a
substantial income from a business or investments, you suddenly get
dragged into the back of a mercedes benz van (with all the optional
extras) and some very polite fellows explain that you are now to stop
using phrases like "fuck yeah, I just made a shit load of cash". No
matter really, but I'm looking forward to that day.

If you have any comments or points of interest, feel free to email me on
info@working2wealth.net :)

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