Don’t know anything about Stock Markets and scared to invest? Don’t be, suggests study
As reported today in Cash Daily, people who know nothing about Stock Markets and the companies they’re investing in, on average make better money than those who have at least access to some amount of information.
The explanation is simple: People who have certain, but not all and not the newest information, make poor decisions on outdated informations, which market players with the most extensive information have acted upon long ago.
Only if you have access to a huge amount of information and the necessary tools to work with them, you can make a really informed buying decision.
Otherwise, the study suggests, you’d rather roll a dice to pick the stocks you’re investing in, than trying to do research.
Hard facts, and everybody will think “Yeah, that might be true to others, but I certainly know what I’m doing”. Who would want to admit that he made money on the stock market by rolling dices?