Of course you don’t, I understand that completely. I dont play the market I study it and apply all of knowledge to every investment I make. Playing the stock market is a silly phrase and I don’t know where it came from. A good investor, understands that this term has probably misled you into thinking this is good thing to do on your own IT IS NOT.
A true investor is actually taking a very calculated, well-researched and probably even mostly safe although not guaranteed position that owning a piece of a company, or piece of a group of companies, or maybe even a piece of the debt that a company or a government owes, will pay that investor enough of a return to warrant the associated risk that comes with making that move.
To profit one should consider that high-risk stocks do have the potential to go through the roof, the CHANCES of profiting are slim though. (I once had a professor in college tell my class that we each individually had a better chance of being randomly chosen to be a . Senator than we had of winning the Super Lotto Jackpot!).
Trading stocks is not something for a novice? I’d argue you could ask the same question of someone who’d been doing it for many years. No if you have nothing else to do, NO. If you idea of fun is not going to the bathroom for 12 hours with success rate of 20% then you should consider a job in day trading. If that’s the life you want, so be it, but most people are really good at something else, and if they’re really lucky, they also like doing that something else. In my opinion, they should do that thing, whatever it is.
The joy of being a financial advisor is seeing my client benefit from a long term investing goal and reaching it sooner then they think. This is my job and this is why I do it, to help people like you have financial freedom.
It is hard for people to understand why they need an advisor but when you consider this is all they do and they are here to help you. If you ask yourself do I have the gumption it takes to achieve my goals do you still want to risk investing your money without the advice of an expert. That almost makes sense, until you consider once again that good investing takes time and patience, which is what makes people successful in their day job. Good investing is not and can not be an emotional thing for you.
The bottom line is that you need a coach, a mentor, an emotionally uninvolved professional who can take a step back and help you see the big picture for yourself, help you define your goals, and help you reach them. Long-term investors are involved in the stock market and will never say they are playing.