When a bull market is teamed with a booming economy, investing in shares seems easy. The rising tide lifts all shares, easy credit means that few companies run out of cash, and reliable profits mean that any capital shortfall is quickly made up. New investors rush into the market, seeing the profits that their friends and neighbours are making, and looking to join the fun.
Unfortunately, the good times never last forever. The last 3 years have thrown up numerous examples of what can go wrong with an investment - things we should remember the next time the economy booms and the stock market seems to be heading for the stars... Read the Full Article
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment