2006-06-19 11:07:17 · 3 answers · asked by Anonymous in Business & Finance ➔ Investing
Don't trade...invest.
Do mutual funds for now. Invest later when you have a good solid foundation.
2006-06-19 11:39:04 · answer #1 · answered by Nick C 3 · 0⤊ 0⤋
Buy low, Sell high.
However you probably know that so I suggest you get into quality stocks and then ride out the day by day ups and downs of the market.
Before you buy a stock, decide what your sell price will be and when it reaches that price SELL.
Another strategy is to sell one half your stock when that stock has doubled in value from your purchase price, That way you have your capital back but you still have stock in the company.
Good luck.
2006-06-19 18:17:53 · answer #2 · answered by ijcoffin 6 · 0⤊ 0⤋
Hire me.
Top 3 Answerer in Business & Finance. (Vote for me)
2006-06-19 20:30:11 · answer #3 · answered by Anonymous · 0⤊ 0⤋