Sun 20 Jul, 2008 02:16 pm
How does one educate themselves on investing in stocks? What do you look at in a company, what are good indicators of a strong growth, and etc?
  • Topic Stats
  • Top Replies
  • Link to this Topic
Type: Discussion • Score: 2 • Views: 8,840 • Replies: 4
Topic Closed
No top replies

 
NickFun
 
  2  
Sun 20 Jul, 2008 02:28 pm
Check the Wall Street Journal every day. Find the best companies. Do your investing. Then pray long and hard that you did the right things.
0 Replies
 
piapetersson90
 
  1  
Fri 5 Jun, 2015 06:28 am
@crayon851,
One safe option is to consult any investment advisor to know in detail about pro's and con's of the investments.
cicerone imposter
 
  2  
Fri 17 Feb, 2017 08:59 pm
@piapetersson90,
I never believed in investment advisers. They make their money from churning your investments. If they're so smart, why are they still working?

You have the greatest interest in your own money; how to save and invest. Just follow these simple rules:
a) save/invest regularly a percentage of your income.
b) set a goal for yourself on how much to invest; 15 to 20% of income.
c) invest in index funds; don't try to invest in individual companies unless you're willing to manage your investments on a regular basis. Most people who churn their investments lose money on commissions and fees; hard to make any profit.
d) invest for the long-term. Don't worry about the daily ups and downs. As long as our economy does well, so will your investments.
e) invest your money in ladders; not all at once. It averages out the lows and highs.
f) a good place to invest is at Fidelity or Vanguard. They both have the lowest fees in the industry.
g. go to Morningstar.com and check out the long-term performance of the best fund and/or companies. Be wary of their star system.
h. don't invest all your money into one basket. Diversify.
and finally,
i. have emergency savings in a bank.

Nobody can forecast the economy. It's not science; it's an art.


JanKor
 
  -1  
Wed 24 Jul, 2024 06:09 am
@cicerone imposter,
Agree. I would also add reading good books on investing e.g. "Stocks for the long run".
0 Replies
 
 

Related Topics

Leveraged Loan - Discussion by gollum
Web Site - Discussion by gollum
Corporate Fraud - Discussion by gollum
Enron Scandal - Discussion by gollum
Buying From Own Pension Fund - Discussion by gollum
iPhones - Question by gollum
Paycheck Protection Plan - Question by gollum
Dog Sniffing Electronics - Question by gollum
SIM CARD - SimTraveler - Question by gollum
Physical Bitcoin - Question by gollum
 
  1. Forums
  2. » QUESTION! Investing!
Copyright © 2024 MadLab, LLC :: Terms of Service :: Privacy Policy :: Page generated in 0.03 seconds on 12/26/2024 at 03:15:21