Learning to Invest is a Good Idea

Since I was a little boy I dreamed of being a Wallnot the results were disastrous. I even lost some of
Street Wizard. I read the Wall Street Journal and themy parents' money investing in a stock I was told
Economist. I hung pictures of Warren Buffet andwas guaranteed to double in just a few days.
Peter Lynch on my bedroom wall. But as I grew up IAfter that, I vowed that I would never again take a
found other interests. By the time I reached hightip from a trader on the Street. I made up my mind
school, I was one of the best pitchers in the state. Ito treat investing as serious business and not as a
went to the University of California on a full athleticget rich quick scheme. It took me many years of
scholarship. During my college years, I still followedresearch, trial and error, but before I got married I
investing very closely. Although I didn't have muchfinally created a portfolio that suited my needs. It
money in the bank, I took what I earned fromwas well diversified and had just the right level of risk
summer jobs and invested it in mini portfolios.for a person my age.
At the end of my junior year I badly injured myNow my daughters are in grade school and the
shoulder, and that was the end of my baseballportfolio I created almost a decade ago is worth
career. After that, I decided to attend businesstwice the amount I originally invested. It goes to
school and follow my passion for investing. When Ishow you that investing is something that must be
graduated, I found an entry-level position working atapproached with equal parts patience and courage.
a major Wall Street Brokerage house. Now investingAnd if you treat it like a game, you are likely to lose
was how I earned my living, and I wanted to learnyour shirt. The key is to realize it takes time to
everything I could.invest well, but this does not mean to buy and
Like many other young guns, I was headstrong andforget. You must actively manage your investments
certain that I could not fail. In time, however, Ito make sure your money is allocated to the best
learned that investing is not a game. For years I triedprospects, if not, do not be afraid to switch it
to take advantage of every hot stock tip and surearound.
thing that came down the pike, but more often than