I imagine them calculating the financial ratios but that would not give them a 100% certainty of achieving huge gains on their shares but they still have a lot of success and i wonder how they do it for example Warren Buffett. I'm 17 years old and I am starting to invest as well but i can't see myself becoming a billionaire like the big players. I only get gains of around 400-500 dollars...
Answers (2)
Hey brother hows it going? Im proud of you to see that youre so ambitious as such a young person. I just want to remind you that money isnt the center of the world. You must have God at the center of your life and people you love. Do you go to church? Maybe you could find a mentor there who could help you make Godly financial decisions....just an idea. Hood luck young man, may God bless you in all thag you do
First they stop thinking in cliches. They do not think of themselves as "big investors". They do not search for "big gains". They think of themselves as careful investors and they look for safety. Right now money is a terrible store of wealth, so a careful investor trades his money for something safer: silver. The stock suckers absolutely hate silver and gold. That's fine, let them hate. Silver was five bux an ounce in 2001 and went to fifty bux a few years ago, outrunning all other investments. Gold was 150 bux an ounce and went to 2,000. No stock or other paper investment did anywhere near that well.
An ounce of metal is always worth an ounce of metal. If you don't have silver, you can't make trucks. A wheel bearing doesn't use much silver, but you have to have it. You can't make a reliable computer without gold. You only need a little bit in the connectors, and if you don't have, they don't work reliably. So gold and silver are always precious, while paper money is always inherently worthless. Paper money has value only because the government that issued it will accept it in payment of taxes.
Now then: you want an investment. Right now the price of an ounce of gold is about 70 times the price of an ounce of silver. That ratio changes at irregular intervals. A few years ago it went down to 30 and before that it was up to 80. It has gone through this cycle three times since 2001. so you buy silver now and hide it at home, because you can't trust anybody. When the ratio goes down, you swap your silver for gold. You just bought gold for half price. When the ratio goes up again you swap your gold for silver. You just doubled your holdings without any additional money. And you don't tell the stock suckers what you are doing because you don't care what they think.
If you want to invest in stocks or other papers, take some investment courses at the local college. Keep studying until you don't need any advice from anybody. That is not a business for an untrained amateur.