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| Investments Discussions and questions about stock market investments, tax free savings, and high interest savings accounts. |
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I am a newbie in this and would like to know about trading stocks where you can earn huge profits (as I have read online).I have been looking for an online resource to teach me the tips and tricks of the stock market but there have been not any good as far as I have known. Please help me to find any good online resource which can educate me in this arena.
Thanks in advance!!! |
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andrew9 wrote:
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If you would have bought Microsoft for $3.71 in Jan. 1995 then sold Dec 1999 for $58.38 you would have made a HUGE PROFIT. However, the persons who bought Dec 1999 for $58.38 are now holding stock worth $29.99 in May 2008 and have suffered a HUGE LOSS. So the way to earn huge profits trading stocks is to buy low and sell high. It's that simple.
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Gary Spicuzza, *SAFE Copyright 1956 No Rights Reserved *Self Appointed Financial Expert |
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First and foremost you should be having an Idea as to what stocks,funds and shares are and why are they invested upon.If you are still unclear ,take up the help of a CA (Chartered accountant) or a financial adviser.Clear your basics first.Secondly the performance or output of a fund/stock anyone invests in, depends on the psychology of the fund manager.So, given a choice always choose the ones with a good and consistent track record.Always remember investments are made to garner good dividends,so be sure where ever you are investing ,the dividends should come from.Even if the stock you are investing upon provides you slow but secured dividends you should go for it.There are many stocks in the market that provides you with high capital gains ,but then they are extremely risky.So you being an amateur should try avoiding that.Learn the game first and then play it.
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Mutual Fund Investments. |
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Or to borrow high, sell right away, wait for the stock to go down, buy low and return the borrowed shares . |
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Stick with mutual funds for investments. Hard to lose if you bet on both teams. Find a fund with a good 10 year record and start there. |
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Be careful though, as past performance is no indication for future returns. Just find a bull market and stick with it.
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My best advice to you is that you buy some good books at amazon and learn by yourself from the book and internet sites. GOOD LUCK !!!!!!! Last edited by Albert; 06-15-2008 at 10:17 PM. |
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