Here’s the ‘secret’ that can help you make a million in the stock market

first_img Our 6 ‘Best Buys Now’ Shares Kevin Godbold | Monday, 25th May, 2020 Kevin Godbold has no position in any share mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Here’s the ‘secret’ that can help you make a million in the stock market Image source: Getty Images. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Enter Your Email Addresscenter_img Trading your way to a million in the stock market takes hard work. But the more effort you put into evolving your investment style, the faster you’ll start to see decent results.I reckon we need to study, practise, evaluate, adjust and repeat to get that million. And doing that can form a continuous spiral that leads to ever-better execution of our activities in the stock market. Keep going, and you’ll have more chance of latching onto some winning stocks that can propel you towards that ‘magic’ seven-figure sum.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…And when it comes to studying, there’s nobody better to study than investors who’ve not only made a million, but much, much more.Developing your own investing styleMy investing style began evolving when I picked up a copy of Mary Buffett’s book Buffettology during the late 1990s. At the time, I was running my own company and the book inspired me to make changes to the underlying business. Indeed, Warren Buffett’s investing principles helped me make the business more profitable and led to its sale. And that’s how I achieved the capital for investing in the stock market.The book taught me about the difference between what Buffett calls Commodity-Type businesses, and Excellent or Consumer Monopoly businesses.  The former tend to have zero pricing power, and the latter tend to enjoy profitable market niches and strong brands. So, armed with that information, I achieved mixed investing results in the stock market. But soon discovered Benjamin Graham’s classic tome The Intelligent Investor. And the book gave me a decent foundation for how to recognise a share price that was mispricing the underlying business. I’d recommend every serious-minded investor wade through its pages. Within the covers, there’s a good grounding in basic value investing.Essential Warren BuffettBut delving more into Buffett’s methods led to me to his shareholder letters. They reveal he invests differently to Graham. And as far back as the 1960s, he was moving away from simply buying cheap shares. He now puts far more emphasis on the quality of the underlying business. Meanwhile, further insights came when I read Peter Lynch’s books, One Up on Wall Street and Beating the Street. And Jim Slater’s book The Zulu Principle.By then, I had a good grounding in investment strategy and began to overlay techniques from the world of stock trading. Richard Farleigh reckons trading and investing are becoming more closely linked over time. And the insights I discovered in his book Taming the Lion have been useful.In recent years, I’ve learnt much from Mark Minervini who has written books such as Trade Like a Stock Market Wizard and others. And just as with every new investing book I’ve studied, my returns from the stock market have increased because of the insights I’ve gained.Depending on your starting point, aiming for a million from shares can be an ambitious target. But I believe most people can adopt a lifelong learning approach to investment strategy and combine it with experience in the markets to achieve the goal. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. “This Stock Could Be Like Buying Amazon in 1997” Simply click below to discover how you can take advantage of this. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. See all posts by Kevin Godboldlast_img read more

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