How to become a successful investor?

What should I do?what books should I read...

there are so many things to do to be succesful. but here i'll help you to get started.

look, fundamentally, you can use various key financial ratios to start screening which stock worth your hard earned money. from there, you can go to the next level by further study how they perform qualitatively. Look here for more info:

How to Pick A Good Stock
http://www.stock-investment-made-easy.co...
Guide in Analyzing Stock
http://www.stock-investment-made-easy.co...

then, you must study how much the stock worth. to do this stock valuation, you have to calculate intrinsic value. once you got it, buy the stock when it is at its margin of safety, either it was discounted than its intrinsic value, or discounted from the past historical prices. Look here for details:

How to Calculate Intrinsic Value
http://www.stock-investment-made-easy.co...
How to Determine Margin of Safety
http://www.stock-investment-made-easy.co...

now the last point but the most important things, how you can make money from it? look, good company will grow over time. if you invest for your retirement, you can sell the stock after 20 years with as much as 30% return per year! doesn't it sounds good? and besides, you'll be earning dividends year after year, which will also grow annually!

Penny Stocks, Short Cut to Wealth
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I hope this answers your quest. if you find the article very useful (to help you make money in stock market), bookmark this page & subscribe to its RSS feed to keep you updated on latest info on how to be successful in stock investing.

Step-by-Step Stock Investing for Beginner
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Happy Investing & Good Luck!

Investing is a very personal thing. My approach is one of set it and forget it.

I follow John Bogle's philosophy he started the Vanguard Mutual Fund Company. I use Vanguard Low Cost Mutual Funds. I am not connected with Vanguard just a zealot.

Keep it simple.

Costs count. I use LOW COST, no load, passively managed mutual funds.

Low turnover Mutual Funds usually translate into lower costs.

Diversify - Use Bonds to balance your risk depending on your age.

Diversify using International - our society is now a Global one whether we like it or not.

Use tax defered investments wherever possible - IRA - 401K 403B and the like.

Taxable investments put into tax favorable Assets.

Once you have a plan. Stay the Course. Dont mess with it.

I am retired so I consider my investment career successful.

If I had a Vanguard IRA/401 K today and was 30 LOL,

I would put

20% into Vanguards Short term Bonds
50% into Vanguards Total Stock Market Fund
30% into Vanguards Total International fund

I would fund any 401K to company match (FREE CASH MONEY)
Fund a Roth IRA
Fund the rest of my 401K to the Max
Fund any additional cash into Taxable Funds

Keep adding to it my whole life. Change the proportions every 10 years to increase my bond allocation by 10%

Dont mess with it except to keep these proportions using new money .

A very non exciting boring way to do it but I would expect to have several millions of todays dollars when I retire.

Good Luck Gerry

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