Thursday, April 5, 2012

General: Beginners in the stock market: 6 starter tips

In here i am going to give you 6 tips that i think are crucial for starting investors.

1- Investing is not a hobby, it will take a lot of you time, attention and dedication.
It's your money there, you should take it seriously.

2-Find a good investment management software, nowadays you can even find it online, it will be a great help for you.

3-Learn to manage money. Even if it's personal savings it's a start.

4-Read widely, nothing is going to give you as many insights as reading the paper and a little more everyday, the more you read the better prepared you will be.

5-Practice makes perfect. You can't expect to know all when you Begin, but you can expect to learn with time, let the ball roll and you may be surprised.

6-Never lose.
You should never make high stakes investments with a high risk rate, be care full, don't try to make a home run, build your portfolio, later you will have your chance to risk

2 comments:

  1. Definitely agree that to start investing, one need to learn how to manage money properly... it is crucial!

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  2. Great starter tips! Handy for anyone just starting out - thanks for sharing.

    ReplyDelete