Coolcash1:
To all newbies in stock investing;
stock can be underprice or overprice. Certain factors determine this. This could be company fundamentals, micro economics, macro economics and industry behaviour.
Understand that investment in stock is a risky business but with proper risk management you won't have any problem...
Define your objectives before diving into stock investing..Stock is not an end but a means. Are you a long term (>5years), medium term (>2<5) or short term investor (<2years) investor..Also, are a value or income driven investor.
How do I pick my stocks- this is driven by your investment horizon described above. However, when picking stocks spread your risk across industry. Don't limit yourself to one.
Worthy to note is that never put your entire cash on stock- its dangerous! Make sure only a certain percentage of your available cash is invested in stocks...this has a lot of advantages as it will save you from financial stress, loss selling and meeting unexpected expenses...
If you require further information please drop your questions....
thanks for the tips, they are quite informative. from your statement,as I have highlighted above, kindly share in terms of examples some stock picks and reasons, you will best categorize as long, mid or short term investments?
thanks guys ones again for the liberality of sharing high valued information here, it has rekindled my interest in trading stocks.