Why Short Term is Sometimes Better

The sage advice of people that have an enormous amount of experience in a particular industry is pretty much always going to involve these people telling you that you should aim for the long term no matter what. While this is good advice in a lot of ways, it’s fair to say that on some occasions this is not going to be the sort of advice that you would want to follow for the rest of your life all in all. For one thing, advice like this will always have a tendency to limit you in some way.

Short term gains can be highly useful for a lot of people as long as they are implemented correctly, and it is this implementation process that will aid you in all of your endeavors no matter what these endeavors might end up being. The fact of the matter is that you need short term gains, and for that you need to make short term investments. These kinds of gains are what will legitimately allow you to make the most of your work by earning a steady income from the get go rather than having to wait for one of your long term goals to finally pull through and give you some much needed cash coming in.

A lot of the day trading books that you will read are going to talk about the long term benefits of trading in general, but there is one book that will talk about short term investments. This book is called The Art of Short Selling by Kathryn F. Staley, and it is by far the best book that you will ever be able to read on this subject due to its detailed analyses and concise writing style.