Stock Market Investing

Morgan Housel’s Gems on Money, Business, Investing and Life

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Below, you’ll find a few quotes and thoughts by one of my favourite financial writers, Morgan Housel. Read this guy, his writing and views are enlightening.

Golden Nuggets

Past a certain level of income, what you need is just what sits below your ego. One of the most powerful ways to increase your savings isn’t to raise your income, but your humility.

The value of wealth is relative to what you need. Since people require vastly different amounts of spending to get by each month, $1 of savings to one person is worth something totally different to another.

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Stock Market Investing for Beginners

How to Invest in stocks for beginners

In this guide, I will explain the basics of investing in the Stock Market in simple words without assuming anything. Stock investing is not and should not be presented as rocket science. To become a successful investor you don’t have to be a math genius. You only need to understand a few things well and keep emotions away from eroding your investment decisions.

This guide is for people who want to invest their money in great companies and be rewarded for doing so. A real investor invests in a great company today because he thinks it will be a great company after ten or twenty years. Here, I want to teach you a long-term Warren Buffett approach to investing which will make your money grow slowly but surely.

If you want to make money in the Stock Market and turn from broke to rich this year, this guide is not for you. If you want to become a stock day trader buying stocks in the morning and dumping them in the afternoon, this is not the right guide for you either. There are other resources out there that promise to make you a successful day trader. In that case, I wish you good luck with that because you’ll indeed need lots of it.

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