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nanarchy said:
TheBlackNaruto said:

Do you have any good stock buying tips? I really want to start buying and investing in stock but I am not very knowledgeable when it comes to  trading etc...

some tips.

1) don't put all your chickens in the one basket, even a well researched safe investment can turn sour through circumstances beyond yours or the companies control (e.g. weather,unexpected court cases, currency fluxuations etc)

2) Do your research, Don't invest with your heart. You need to seperate your emotional attachment to a company so you can give it a fair evaluation based on facts. If you can't do that then don't invest in that company, there are several companies I personally avoid purely because I feel I have some bias when looking at them.

3) Most information you find on forums like these is heavily tainted with poor knowledge of the companies in question or bias from fans combined with a fundamental lack of knowledge of business.

4) if you aren't able to understand or do your research then you are probably better off subscribing to one of the major stock research and recommendation services.

Sounds reasonable enough to me. THanks for the input!



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