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How can I make profits from the stock market? |
I am the person who is interested in making the proftis from the investment of the stock market. Could you kindly provide some tips to me to be successful and profitable? Stay away from trying to buy and sell daily. You will end up losing a lot of money to commissions. Strong companies that you have heard of usually stay around so you won't lose all your money, but will have slightly lower returns. Mutual funds usually have decent returns and less risk. buy irbt and don't sell until it is over $25 a share at least. Invest your entire life savings into a newspaper company, Amtrak, or some other company that is sure to fail. you'll be rich in no time! Buy low and sell high. That is all you have to do. It will take a lot of hard work. You have to listen to conference calls. You have to read quarterly reports. Pick 10 companies that seem interesting to you, in a few different sectors (like energy, technology, healthcare, REIT). Learn everything you can about them. Read "The Little Book that Beats the Market" to learn the fundamentals of value investing. check out what the best investors are buying and selling at http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can also read posts on investing from the best traders, as well as share your own investing ideas. There is also a charting feature , so you can see how your portfolio performs compared to the S&P 500. First off, figure out what do you want this money your investing to do for you. And I mean not just something vague like make money or grow. Something specific such as for money that will be used to fund your childrens education, or money to take a vacation, etc. Once you figure that out, give yourself time. The longer your invested in the market the more money you will make. It's so simple to make money in the market. How come so many people are unsuccessful? Because, most people are guilty of letting their emotions dictate their investment behavior. |
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