Sunday, February 21, 2010

SOCIAL INVESTING

Right now there is a misperception about what it takes to make money by investing in the stock market as well as the currency market. Most people believe you have to be very good in math in order to success at investing. Well, I'm here to inform anyone that is willing to listen with an open mind that this is not always the case. My father taught me the form of education that technology cannot replace is one ability to read and write. However, when it comes to math, you must only understand the basics that relate to real life such as adding, subtracting,multiplication, dividing and percentages. Their is a big difference between math and money, and if one's success was based upon in his or her ability to do equations then every math genius would be a millionaire in this capitalistic society. I suggest people study the life's of John D. Rockefeller Sr. ( who studied accounting) and Henry Ford (who studied mechanics) who most consider men of low education and yet both of them became the richest people in history and whose families are still wealthy until this day. John D. Rockefeller Sr. and Henry Ford learned another form of education and that was the education of human behavior and leadership. They were not a jack of all trades, they knew one subject but were determined to understand that subject better than anyone else. This desire of acquiring specialized knowledge made these men competitive, and competition breeds performance. This skill of understanding human behavior, history, time,the value of money, greed, fear and proper leadership are the essences of social investing. This style of investing is not taught in one class room or found in one book. Social investing is build on communication skills and human relations and thanks to the information age that we live in, this skill can be understood by the click of a button.

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