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It is Never Too Early or Too Late to Learn Stock Investing

29 may 2008 - Features - Editor

We have friends who still do not invest in the stock market. Then there are others. Some of them follow every word of business news. They have made steady losses over the past six months. They discourage friends from stock investing.

It is easier than outsiders think. Many successful investors have never been to Business Management schools. They are neither accountants nor economists. What is the secret of successful stock investing?

Daily practice makes the difference. You can start with even less than a dollar a day. It would be rare to make millions overnight. Small losses are more likely. The important thing is to keep investing. Buying is more important than selling stocks. Only brokers gain from frenzied trading. Sell only if you need the cash or have made a wrong pick.

Online paperless stock investment is best. You can indulge during leisure hours. Learn and invest at your own pace. Do bookmark the web site and visit every trading day. You will discern patterns even if you dislike statistics.

Corporations are about people not numbers. It is the same with municipalities. Invest in stocks with your values in view. Put money behind CEOs you trust. Sometimes, they will have bad news for you. That should not be cause for flight. However, you are always free to move on.

Information is a key resource for business. It is the same for your stock picks. Do not invest in stocks you do not understand. Never believe anything unless you know it to be true. Invest in your own domain. You could also choose something like nanotechnology to acquire new knowledge. That would blend your stock investing in to a hobby.

You can hate math and love the stock market at the same time.

 


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