As a investor in stock market, what source of information you use?

Question

Hi.

This can be a particular newspaper, magazine, journal, TV or radio show or any other source that can be helpful for selecting a successful company in the UK or abroad for investing for long-term and short-term period.

I'm also interested to know if you have any strategies for a successful investor in stock market.

Appreciate your comment(s).

Answer 1

Standard investment advice is that you should invest in a diversified mix of stocks, bonds, and money market funds. You want to buy a diversified portfolio of stocks as individual stocks are too risky. Most folks have a dificult time buying a properly balanced portfoilio of stocks on their own. They will misbalance their portfolio by buying all small stocks or all growth stocks, or some other misbalanced assortment of stocks. Unless you know what you are doing, it is best to buy mutual funds. I like Vanguard.com, other people like Fidelity, TIAA-CREF, and DFA. Buy no-load, low cost funds. If you are like most people you will invest part of your money aggressively in stock funds, and part conservatively in money market funds and bond funds. Vanguard has an on-line questionnaire which will give you an idea of how to do "Asset Allocation," determining how much to put in each type of fund.

If your company offers a 401K plan at work, try to invest the most you can. The money grows tax free, and some companies will match your contribution. Investing in a mutual fund IRA is also a good idea. If you have children, you may want to consider a 529 plan or other college savings plan that grows tax free.

I like index funds. Because of their broad diversification, you are less likely to have a dramatic drop in value. They also have the lowest expenses. For stock funds, I would suggest putting ~70-80% of your money in the Vanguard Total Stock Market Index Fund. and ~20-30% in a foreign stock index fund. However, there are many different opinions out there on what the best mutual funds are. Read the links below and form your own opinion.

If you have high-interest debt, like credit cards, it is best to pay this off first before trying most of the investment ideas above. You should also have 3-6 months of salary saved up as an emergency fund in a bank or money market fund before trying more risky investments.

Believing advice you get on Yahoo answers can be risky, so read these websites for further information. If you find it too confusing, contact a professional financial advisor. They will charge you significant commissions, however.

Sources:

http://www.vanguard.com/VGApp/hnw/planningeducation
http://www.fool.com/school.htm
http://sec.gov/investor/pubs/assetallocation.htm
http://www.diehards.org/readsites.htm
http://finance.yahoo.com/education/begin_investing
http://finance.yahoo.com/funds/basics

Asset Allocation Calculators
(Determining how much to put in stocks and how much into bonds and money markets is a personal decision depending on your financial status. These Asset Allocation questionaires give you a rough idea how to do this. I like Vanguard best, but try some of the other sites as well.)
https://personal.vanguard.com/VGApp/hnw/FundsInvQuestionnaire?cbdInitTransUrl=https%3A//flagship.vanguard.com/VGApp/hnw/planningeducation/education
https://ais2.tiaa-cref.org/cgi-bin/WebObjects.exe/DTAssetAlcEval
http://www.ifa.com/SurveyNET/index.aspx

Web forum: http://www.diehards.org/
(Many investment web forums are overrun by scam artists. This one seems the most legitimate site.)


529 plans: http://www.savingforcollege.com

Answer 2

With a few hundred dollars I would purchase a good growth stock mutual fund. Try to add to it on a monthly basis if you can. Mutual funds offer instant diversification and are a great way to get your feet wet in the market. The public library has many great books on mutual funds and would be a great place to start your education. If you start young and invest on a monthly basis even a very little amount you can be a very wealthy person and retire early if you choose to. I wish my parents had done this for me. Trust me, invest as little as $50 per month in a good stock mutual fund and in a very short time, (10-15 years) you will have a small fortune. Don't get caught up in the next get rich quick scheme. Also, don't panic when the market goes down, because it will. Just keep dollar cost averaging (investing the same amount each month, buying shares, some times the prices will be up, sometimes down.) If you do this you will be very wealthy. In addition, set up six months of your monthly expenses in a savings account or money market fund so you don't have to sell your mutual fund holdings if you need money. Keep adding to your savings and mutual funds each month and avoid the temptation to withdrawal money and I guarantee you will be wealthy beyond your belief. Hope that helps.

Answer 3

I am a major investor. I have Bloomburg on from 7 a.m. until 6:30 p.m. (close of NYSE after hours trading). Buy on rumor,,,sell on news............But do a lot of studying first.
Combine short term with long term investments.

Answer 4

We use a broker like Edward Jones or Merrill Lynch to guide as, read the business section of the paper, watch various cable interviews about business and investment.

Answer 5

I am a Financial Advisor and would be more than happy to go over your portfolio with you and help you make wise investment decisions. Message me if you are interested.

Answer 6

Etrade, Scottrade, Finance Yahoo, Mad Money, Fast Money

Answer 7

YOU SHOULD THINK OF THE LONG TERM FOR STOCK
I USE THE LISTINGS IN THE WALL STREET JOURNAL AND MONEY MAG AND FORBES MAG ALSO ANNUAL REPORTS ON FIRMS AND INVESTMENT PORTFOLIOS KEEP AN EYE ON THINGS BUT ALWAYS REMEMBER YOU ARE IN IT FOR THE LONG HAUL AND TIMES WILL IMPROVE

Answer 8

jack ****.......hope it helped