/biz/ - Business & Finance

>>983123
>short sighted

Tell me this.

Can you imagine a man going to the nearest airport to catch a plane with only the vaguest idea of where he wanted to go? If you were the ticket seller, what would you do to help him? Can you visualize what would happen?

Man: I'd like a ticket, please.
You: Certainly, sir, where to?
Man: Oh ... uh ... someplace nice.
You: I don't understand.
Man: Well, it's important I “get someplace”. I don't want to just waste time. I want
to really get someplace.
You: Someplace like ... where?
Man: Oh, someplace where I can be happy. Where I can have a good income. Get a new car, maybe. Perhaps become an executive with a good company or even have my own business of some sort. Be able to take good care of my wife and kids. You know, I'd like to get someplace where things were really great for my family and me. Just give me a ticket; I'll pay for it.
You: But, sir, I can't sell you a ticket until you know exactly where you want to go.

Wouldn't that be your reaction?

You would have no way to help that man until he could tell you where he wanted to go.

And isn't that what you've been saying to life?
“I want to get someplace” covers everything and yet nothing!

One thinks he has a goal because he wants to “be somebody.” But until there is a very clear picture of that position, he cannot hope to
achieve it. Looking at your life in this way, it isn't surprising that you have not already reached the height of success you might desire ... on the contrary, it is remarkable that you have achieved ANY success at all.

Without clear, well-defined goals, success is impossible.

>No college degrees interest me in the least.
>If I absolutely had to pick, I'd pick Finance, Economics, or Business, but even thinking of those makes me ill.
>Love investing.
>If there was such thing as an Investing degree, no matter how worthless it would be, I'd be drooling over it and try almost anything to get it.
>No such degree exists, anywhere.
>Other than Economics or Finance, the closest thing is Value Investing at Columbia Business School which would be awesome but it's on the opposite side of the country in New York of all places (pic related) and probably costs $250,000,000,000,000 per minute.
>The worst part is that college is pretty much mandatory nowadays.
>Into the trash I go.

>>272289
You only invest in something when it's undervalued, not when it's overvalued. You were warned of this. You're getting what you deserve.

>>266008
Diversifying is for saps. If you want to "diversify" you might as well buy an index fund. If you want to beat the market, you shouldn't have over 10 stocks. Preferably 4-6. That said, you likely lost money because of that and the stocks you bought were completely overvalued. The number one rule to making gains is you have to buy undervalued stocks (or fairly valued stocks if the company is really great).