Author Nick: NelsonPellew
Name: Nelson Pellew
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One mismanaged trade can be the ruin of any fortune — and often is. Investments can be a problematic prospect, especially for the average investor whose only aim in to grow his or her nest egg. Indeed, in some regards these investors are the backbone of the industry. That being said, they can also be some of its most dramatic victims.
It is true that in the business world there is a real need to quantify and juxtapose aggregate factors. What demographic is most interested in your product? Which demographic is interested, but never buys? What demographic could not be bothered to consider your product? From the standpoint of the retailer, knowing who is purchasing, who is merely interested, and who has no need for your product can mean the difference between abject failure and moderate success.
Wealth does not come to the indolent, unless they have inherited it. The accumulation of wealth entails a great deal of effort. Were it not the case, obviously, we would have far more millionaires in existence. Mind you, I am aware of the fact that there are more millionaires in existences today than at any time previously in history. This means either it has become easier to be a millionaire, or there are more people putting forth a great deal of effort.
Always quick to crack wise, Groucho Marx once quipped, “I find television very educating — every time somebody turns on the set, I go into the other room and read a book.” To be sure, the valiant maestro of Vaudeville understood a truism that seems to be at the root of our current great leap forward. While we pay a great deal of lip service to the alleged benefits of entertainment, in the end, what we are actually seeking is a kind of release.
The stock market is a cruel mistress. She beckons, and we obey. It has been the lure of many a great man and clever woman, each seeking to reap a financial whirlwind, and more often than not merely reaping the whirlwind. So it is that the common investor — or the would-be investor — finds himself (or herself).
