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    The 7 Deadly Stock Market Sins
    The 7 Deadly Stock Market Sins
    The 7 Deadly Stock Market Sins
    Ebook67 pages54 minutes

    The 7 Deadly Stock Market Sins

    By Paul Stevens

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    About this ebook

    How many mistakes can you make on the Stock Market over a period of 25 Years?

    Plenty!

    The Author summarizes his own experiences on the Stock Market into a package of 7 Deadly Sins which if avoided will hugely impact one's chances of success on this difficult and elusive investment platform.

    He also offers a strategy which he would adopt if he had his time again.

    [Article - 9480 words]

    LanguageEnglish
    PublisherPaul Stevens
    Release dateSep 8, 2012
    ISBN9781301743315
    The 7 Deadly Stock Market Sins
    Author

    Paul Stevens

    There is a favorite line from my novella Dinner Party For Eight in which Angela asks Harry:“What do you think I am?”Harry considered this for a moment. What was she actually?“Well I suppose you are a very beautiful cook.”So if I have to answer the same question what am I actually? I would also need to consider this for a moment. I would like to say I’m an ex astronaut, have more degrees than a thermometer, have competed in the Tour de France without any EPO, surfed Teahupoo in Tahiti and emerged unscathed, sailed round the world, am an ace Alpine skier, am a member of Mensa, have a beauty queen wife and gorgeous kids, and started my own corporation which has listed on NASDAQ. I could go on but like Arnold Schwarzenegger I don’t want to boast.Well to be honest, I have gone some of the way towards all those things. I do have a letter from Wernher von Braun, I do have three degrees in Physics, I have flown in a jet plane (Emirates Air), I do cycle the mega steep hills here where I live but unfortunately can’t get EPO anywhere, I am a keen surfer who has almost managed to break his neck, I am an ocean going skipper and I did own my own yacht though if it was me I wouldn’t sail with me as captain, I do ski but you need to get out of the way, I do have a beautiful wife (though her agreeing to marry me has to be my biggest piece of luck ever) and two great kids, I do have my own software business but no stock exchanges alas and I would like to take the Mensa test but I’m pretty sure I would fail and then I wouldn’t be able to live with that so I would rather rationalize. I live in that sapphire city – Cape Town.

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      Book preview

      The 7 Deadly Stock Market Sins - Paul Stevens

      The 7 Deadly Stock Market Sins

      -by Paul Stevens, M.Sc.

      All Rights reserved © 2012 Paul Stevens

      Smashwords Edition

      Contents

      Introduction - Disclaimer - Margin - Investment Forums - Trading - Diversification - High Dividend Yields

      - The Financial Press, Analysts, Portfolio Managers and the Rest - Addiction - So What To Do - Who Was Aesop? - Links - Also By this Author

      Introduction

      Here I am sitting at a seaside café on a beautiful summer’s day enjoying a glass of chilled white wine. I’m not really thinking of anything, just trying to crack the last few clues of my cryptic crossword puzzle. I do this every day as a ploy to keep any possible onset of Alzheimer’s at bay. I read somewhere if you do this it is like exercising your brain cells, it’s like doing push- ups for upper body strength (see my book The Binomial Man) (don’t ask me to explain what on earth the title means, sorry, you will have to buy the book).

      Anyhow as I look up I see this dude getting out of his car with his family to go for a stroll with his family along the seawall promenade. You can see at a glance he is a Master of the Universe. Yep. That’s a Mercedes SLR McLaren ASMA Design Perfectus worth at least $500 000. Even from where I’m sitting I can see a glint of a $20000 Vacheron Constantin watch. And there’s his DESIGNED wife, as pretty as picture, a suitable trophy for his acknowledged skills as a honed trader and astute stock market investor. Even when he walks its sort of a lope, with his lower jaw jutting forward, like ex President Clinton used to do in order to adopt the heroic pose that goes with his persona. Yep. This dude is a winner, no one can deny that. He has had the most amazing streak on the stock market and has almost a rock star status. Hordes of stock market information hungry potential investors follow his every pronouncement with keen interest. I sure wish I was I was as successful as him. But don’t they say you should be happy with your lot? After all it’s a short life; you should make the most of it whatever your circumstances. Got it! That clue that was eluding me for hours! Another victory against Alzheimer’s!

      FLAAAAAAAAAAAAAASSSSSSSSSSSSSSSSSSSSSSSSSSSSSSHHHHHHHHHH!

      You know what that is?

      Its 10 years and it’s all gone in a FLASH! Yep! Just like that!

      I’m back at the same place, I’m still doing the cryptic crossword puzzle, it’s a beautiful day, and I have a glass of chilled white wine complete with ice cubes.

      Hello! What’s that? Heck I recognize that dude!

      Yep! It’s our old friend the Master of the Universe!

      But that car looks a bit dodgy doesn’t it? Heck he looks positively tatty! Is that his DESIGNED wife? No! Things have changed! It’s his RESIGNED wife. Shame! Her whole demeanor is different.

      What happened to his loping walk? His heroic lower jaw jutting out as he forges his meteoric progress around the world? Why is he walking all slouched? Doesn’t look good folks!!

      Yep! I guess he never got the chance to read this article and concocted a powerful cocktail of The 7 Deadly Stock Market Sins.

      Now, this article costs

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