Wednesday, April 14, 2010

Investing tips for a beginner

  1. Start reading financial sites like investopedia.com, kiplinger, and Google finance.
  2. Make a portfolio of some good companies you find on above sites using Google finance 
  3. Follow the trend of these companies for a while to understand how they progress
  4. Choose an online brokerage based on your requirement (if you are just small time investor and all you do is buy stocks then brokerages like sogotrade.com, just2trade.com are your options)
  5. Choose stocks that are low priced and have a promising future.
  6. Take personal responsibility towards gain or loss and for your choices
  7. Read about people like Warren Buffett and their advices

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