2006-09-27 08:14:17 · 5 answers · asked by yogi 1 in Business & Finance ➔ Investing
It is not a game plan, you have to be patient, learn how to invest the right way. turn off CNBC, when you heard on TV, it is already too late. Learn how to choose stock as the you pay for everything else in life. Paying at the cheap price and on sale in turn you can sell at the higher return at the later. Constant monitor your investment.
Yes you could learn invest by yourself. it is your money, you should know how to do with it. for starter check this site out.
http://www.pathtoinvesting.org/index_fla...
http://www.stockcharts.com
http://www.streettalklive.com section university. a lot amount of information. It will serve you well
I accumulate in good amount in 401k at the young age.I could share with you. when consider invest in stock market. you should consider basic 3 things:
fundamental analysis==(economic data,finincial health, management, business model, competetion)>>what to buy
technical analysis==(chart+indicator)>> when to buy
Sentiment/schycho analysis==>>mood of investor, Contrarian point of view.
Market cycle===>> check out book Trader Almanac by jeff hirsch will give you inside stuff
When you combine 3 thing, It is one of the powerful knowledge goinh with you for the rest of your live
At the age of 32. my 401k is amassed 75,000.00 and 30000.00 in taxble account. by follow simple rule
2006-09-27 18:23:56 · answer #1 · answered by Hoa N 6 · 0⤊ 0⤋
Picking stocks is futile. You may make money, but your returns after trading costs will usually be less than market returns. Instead, invest in index funds with the lowest possible expense ratio. Fidelity Spartan funds are great for that. If you're not convinced, then read:
2006-09-27 09:13:04 · answer #2 · answered by rainfingers 4 · 0⤊ 0⤋
There are probably more "game plans" than you can imagine. The best way to get consistant results is to do your home work. Pick stocks that are not over priced, have relatively consistant results and pay a dividend. That of course is no guarantee, but it will improve your odds.
2006-09-27 08:47:52 · answer #3 · answered by Anonymous · 0⤊ 0⤋
there is lots greater to merchandising/sales era than merchandising - take a check out what and the form you do it, degree effects and notice the way it stacks up - tempted to renounce yer merchandising and positioned funds into something else yet till you be attentive to WHY, thats only taking photos at night. What are your opposition doing, what works and why? are you able to product/service sell greater - or is it going downhill (think of of merchandising 5 twelve months previous previous cellular telephones with todays fashions - notwithstanding stable your merchandising youre not gonna effect sales cos no-one needs or desires that previous product anymore) Did your merchandising artwork earlier, why and what has replaced?
2016-10-01 10:34:20 · answer #4 · answered by erlebach 4 · 0⤊ 0⤋
No in general. The best opportunity is to learn to analyze companies, valuations, financial statements, ratios, and growth. Nothing is as good as learning to do your due diligence (homework) to find your own opportunities.
2006-09-27 08:47:31 · answer #5 · answered by spineminus2 3 · 0⤊ 0⤋