A good place to start is with a couple of classics: "The Intelligent Investor" by Benjamin Graham and "Common Stocks and Uncommon Profits" by Philip Fisher. I think Warren Buffet once said that his investment philosophy was 1/3 Ben Graham and 2/3 Philip Fisher.
Next, know yourself. Only you can know how much risk you're comfortable with and where you might have an edge.
Third, consider investing the bulk of your money in an inexpensive Index fund or ETF and make individual stock investments only when you think you have an edge. Stick with what you know. Unless your investment opinion is significantly different than the consensus view (and ultimately more correct) it's already priced into the stock.
Finally, cut your losses and be patient with your winners.
2006-12-21 10:36:50
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answer #1
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answered by Timothy G 1
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You should try with Penny Stocks Trading (you can find more info here: http://pennystocks.toptips.org )
Penny stocks, also known as cent stocks in some countries, are common shares of small public companies that trade at low prices per share.
I've been subscribing to this PennyStock web site for about a year now and have loved the objective advice they give. He really does look for quality stocks and I've made some pretty nice profits on a lot of his suggestions. Being still fairly new to investing I have been dabbling a lot in penny stocks to try and grow my account. I may not have a big account, but it's a lot bigger than it was a year ago. On just one of Nathan's picks this year I managed to make my investment back ten-fold! Be careful! Penny stocks are notoriously risky but if you follow the right method the risk is almost 0. I suggest to invest only little money first and then reinvest the profits. This is the site I'm using: http://pennystocks.toptips.org
Bye Bye
2014-09-22 15:57:00
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answer #2
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answered by Anonymous
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The best way to learn about investing and picking stocks, is to study what the best investors are buying and selling. You can find this information at http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can also read posts on investing from the best traders, as well as share your own investing ideas. There is also a charting feature , so you can see how your portfolio performs compared to the S&P 500.
Here are this month's best traders:
http://www.top10traders.com/Top10Standings.aspx
Good luck.
2006-12-21 20:41:23
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answer #3
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answered by Anonymous
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dont be a stock picker... thats how... its investing, not gambling.. the VAST majority of people with diversified index fund porfolios will do wayy better than stock pickers.
ever hear of efficient market theory?
2006-12-20 22:44:35
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answer #4
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answered by causalitist 3
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Try to look for the stock that pay dividen so you can either get interest or do the reinvestment. Energy stock will be always a good choice!!
2006-12-20 22:48:57
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answer #5
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answered by J L 1
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EASY
get aptistock freeware & check buy signal of stocks from ur exchange & trade accdly
details visit my blog
2006-12-21 00:32:11
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answer #6
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answered by dinu_pawar 5
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The site on the Internet to find
http://www.dricq.com/school/index.shtm
http://www.dricq.com/school/Health/14102.shtm
http://www.dricq.com/school/Health/index.shtm
2006-12-20 22:45:41
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answer #7
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answered by hji4hjrbnrt h 1
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Learn your fundamental analysis.
2006-12-21 01:40:14
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answer #8
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answered by Saxmax 2
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dont pick them at all -stay away its an evil market
if you must, do your own research, if that doesnt work buy into a mutual fund.
2006-12-20 22:53:32
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answer #9
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answered by Anonymous
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