Home » General Health » How To Be a Successful Investor – 8 Stock Tips For The New Investor

So you want to be a successful investor? Well you have come to the right place at the right time. As you can imagine, there is a ton of information floating around the internet about investing. Some of it is good and some of it is utter nonsense. Below I will share with you 8 stock tips that will help you become a successful investor. Follow these tips and you will be making profitable trades in no time.

Tip #1- Keep It Simple

When you are first starting out you should live by the keep it simple mantra. Mutual funds or domestic stocks are the only two things you should invest in.

Tip #2 – Leave Your Emotions Out Of It

You should never get emotionally involved with the stocks you are investing in. Set up a strategy and follow it no matter what. Never let your emotional state change your mind.

Tip #3 – Avoid Stocks That Are Under $15 A Share

Never buy a stock that is under $15 a share. Companies that are leaders in their industry will never have shares priced that low.

Tip #4 – Always Do a Post Analysis

Experience is and will always be the best teacher. One of the best ways to improve your chances of success is to do a post analysis of all your stock market trades. This way you can learn from both the mistakes you made and the successes you had.

Tip #5 – Do Fundamental Analysis Before Buying a Stock

Fundamental analysis involves looking at every aspect of a company’s earnings. This includes sales, return on equity, profit margins, and earnings growth just to name a few. Looking at this information will help you easily spot the quality stocks.

Tip #6 – Pick Stocks From Industry Leading Groups

The big winning stocks almost always come from industry leading groups or sectors such as computers, software, entertainment, leisure, and drugs and medical.

Tip #7 – Start Small and Work Your Way Up

If you are starting with less than $5,000, you should only buy a maximum of two stocks. If you have $10,000 to invest you can go up to three stocks. The idea is to start small and work your way up based on the amount you have to invest.

Tip #8 – Be Patient

Learning how to invest will not happen in a few short weeks. It takes a great deal of time and effort. However, if you are persistent and refuse to give up, you will be successful.

CLICK HERE to see how Chip Smith recently predicted the exact top and bottom dates of the stockmarket, WEEKS IN ADVANCE!

Published at: Recent Health Articleshttp://recenthealtharticles.org

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