Aug
25
2010
Today's hot stock market is both inviting and intimidating to new investors. Here's how to start an investment portfolio of your own.
1. Get educated: Read about stocks and the
market, take a seminar or class on investing and review online financial sites.
2. Develop financial goals and an investing and stock-picking strategy.
3. Research individual stocks by reading annual reports, quarterly reports and other documents on file with the Securities and Exchange Commission. Look them up online at www.freedgar.com
4. Invest in what you know. Consider the stocks of local companies with which you are familiar and in which you have confidence.
5. Check out the holdings of some successful mutual-fund companies. If they are winning with particular stocks, perhaps you will too.
6. Diversify. Avoid putting your money in just one or two stocks or, for that matter, in one or two industries.
7. Use a discounmutualt brokerage to buy stocks if you are confident in your investment skills and have the time to do your own investing. You'll save on commissions.
8. Buy stocks that you will feel comfortable holding for three to five years. Resist the temptation to dump a stock the moment its price drops a few percentage points. Give it a chance.
While the U.S. Markets are constantly a Roller Coaster of energetic fun, one Rule stays true.
Whether we be in a Bull Market, or a Bear Market, you must ALWAYS keep a level head. Emotions cloud your judgment, and reduce your profits!
By always having STRICT Trading Rules set in place, you are sure to do better than the average investor.
Stop Losses, Trailing Stop Losses; Limit Orders are just some of the practices used by pros that can help you maximize your profits, while greatly reducing your downside (Risk).
We highly recommend signing up to the ChartPoppers.com Newsletter where you will receive our FREE Ebook "Investors Edge" PLUS weekly Updates on select Emerging Growth Trading Opportunities.
All I can say is Bravo! Your picks and advice have been dead on 100% of the time.
Gloria, California
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CHART POPPERS:
I can't even imagine trying to trade in these stocks without your newsletter and insight! You guys truly are the best! Keep up the good work!
Hashik, Boston
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After watching some of your last Alerts I am convinced. I now see how I can make some REAL money trading in the market. I can't wait until your next alert! Please keep me updated.
Steve, New York
