Absolutely.
First, study the market. Select a target company, find out who runs it – their history, management philosophy. Evaluate the company’s strengths and competition. Look at their cash to debt ratio, market capitalization, earnings, dividend history. Compare with other companies in the same business segment. Look at market trends and potential future earnings. Don’t invest in buggy whips. When you are comfortable with the company, purchase their stock. Then repeat. Diversify. If you are diligent and lucky (and don’t make any mistake about it, luck plays a large part in this; the market unfortunately is not rational), you could average upwards of 20% on your money. So to earn $5k a month, all you have to do is invest about $300k in the stock market and get really lucky.
Absolutely.
First, study the market. Select a target company, find out who runs it – their history, management philosophy. Evaluate the company’s strengths and competition. Look at their cash to debt ratio, market capitalization, earnings, dividend history. Compare with other companies in the same business segment. Look at market trends and potential future earnings. Don’t invest in buggy whips. When you are comfortable with the company, purchase their stock. Then repeat. Diversify. If you are diligent and lucky (and don’t make any mistake about it, luck plays a large part in this; the market unfortunately is not rational), you could average upwards of 20% on your money. So to earn $5k a month, all you have to do is invest about $300k in the stock market and get really lucky.