A brief look to the past can let us appreciate how the stock market has offered generous profits to those who are bold enough to put their money and place an investment. Getting into stocks requires a lot of, and it needs certain mettle or disposition to be able to handle the emotional ride that implies owning something that can be incredibly valuable for a long time just to see a drop of price in a matter of moments.
Need some proof? In the second week of December 2018 the brand “Johnson & Johnson” considered one of the most powerful corporations in the world dedicated to the manufacturing of products of personal hygiene lost its value on the market. It generated loses of 40 billion dollars to the owners of stock in the company after a press agency released a report that stated how their line of talcum powders contained asbestos and the company knew about this for years. Everyone from gas stations to personal injury lawyers are effected by the stock market
This just a story of the kind of effect the real world can have on the stock market: there is no such thing as a sure thing. We at Maimonides PDX consider stock one of the best forms of investment you can place your money into, and that’s why we share with you the benefits of owning stock in the current economy.
The Current Market is ripe for the Picking
When the economy grows so does the profits of companies that are dealt in the open. As much as the free press hates on the current USA administration, they surely have done a lot for the expansion of the economy in the last two years. The economic growth experienced has created jobs, which in turn creates more income, which in turn brings more sales. When the people have the chance to get paid fairly for their job it brings a healthier state of the economy that put people in the safe mode of saving money for hard times by investing in assets that can report good returns in the long run. Stocks are one of them.
Stocks are the Best Way to Stay One Step Ahead of Inflation
A quick study about the behavior of stocks in balanced marketplaces the average rate of return at an annualized 10%. When these numbers are compared with the average rate of inflation in the country of 3.5% you quickly realize that you are winning money even if you don’t own stock on the powerhouses of the market. The value of cash can’t hold a candle to stock if you know how to place the right investment and Maimonides PDX can help you do just that.
A stock is Easy to Buy and Trade
The best thing about the open market is the ability to buy anything you want by reaching the right provider. The stock market it’s no exception since it allows many agencies such as Maimonides PDX to set up operations makes it easy to buy, sell and trade shares of companies in the open. Most operators need to set an account to your name, and you can start to build your portfolio as long as you have the money for it. Even if you don’t know your way around the market for lack of knowledge companies like Maimonides PDX can offer their expertise and guidance to make sure your investment performs well and report profits in the long run.