what is the best way to make money in stock market?
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- to be safe and make money consistenetly over the long term, buy bluechips shares
- The obvious, buy low and sell high.
- diversification
- invest with a discount broker. buy the stock called s&p 500 avg
- Read about a company before you buy shares in it. The Wall Street Journal has comprehensive information about stocks. Money and Kiplinger's magazines are less intimidating sources. Be informed about the P/E, the long term performance of the stock, whether the company has any pending lawsuits, and if the stock pays dividends. If you are unsure about a stock, ask a broker to give you a prospectus on the company. Buy shares of solid, blue chip companies. Don't day trade; let your shares grow with time. Don't listen to the advice of friends and relatives who know a sure thing. That is a recipe for disaster.
- Dollar cost averaging. Continuously buy a variety of stocks (well researched) over a long period of time. Should have stocks that represent a few key areas/sectors: Energy Medical Financial Manufacturing Blue chips/tech and others
- learn how to invest properly. PROTECT YOUR CAPITAL/MONEY at all cost. because losing capital is losing all. before I give you information how I did it. I gave you the example why important protect your capital at all cost. for example, you have 10000 in your account, you lost 5000, that mean you lost 50% of your value. to gain it back, you had to make 100% of 5000 to gain it back 10000, with the average stock return is 10% if you lucky, it took you 10 year to make back. It is rough right. and yes, you could learn how to invest the right way, protect your capital while grow your nest egg. First check out this book TRADERS ALMANAC by JEFF HIRSCH Yes you could learn invest by yourself. it is your money, you should know how to do with it. for starter check this site out. http://www.pathtoinvesting.org/index_fla... http://www.stockcharts.com http://www.streettalklive.com ... university. a lot amount of information. It will serve you well I accumulate in good amount in 401k at the young age.I could share with you. when consider invest in stock market. you should consider basic 3 things: fundamental analysis==(economic data,finincial health, management, business model, competetion)>>what to buy technical analysis==(chart+indicator)>> when to buy Sentiment/schycho analysis==>>mood of investor, Contrarian point of view. Market cycle===>> check out book Trader Almanac by jeff hirsch will give you inside stuff When you combine 3 thing, It is one of the powerful knowledge goinh with you for the rest of your live At the age of 32. my 401k is amassed 74,000.00 and 30000.00 in taxble account. by follow simple rule
- After reading all the answers so far I have to say that AO has given you the best advice. That is my recommendation also. The responder that told you to diversify also gave you good advice. The key is having a long term strategy that consists of having a diversified porfolio of investments in sound companies worldwide that have a promising future.
- Invest at correct levels in good long terms stock with a advise of market analyst, booking profit at correct level when stocks go up.
- perhaps you can try forex. which is also excellent way for you to invest. The FOREX or Foreign Exchange market is the largest financial market in the world, with an volume of more than $1.5 trillion daily, dealing in currencies. Unlike other financial markets, the Forex market has no physical location, no central exchange. It operates through an electronic network of banks, corporations and individuals trading one currency for another. try forex from here: http://www.bernanke.cn/easy-forex/ Good Luck && Wish you make a fortune!
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