Sabtu, 05 Desember 2009

If you are a novice, how would start buying stocks?

buying stocksIf you think of venturing into stock market for the first time, then you are welcome. No special expertise is required for that. However, you need to be careful and updated while you start investing money in market. Though the concept is simple in the stock market, it requires some prudence and flexibility on thinking. A vigil mind can make you a winner. Buying and selling stocks are not as good as buying or selling products in a market. First, you need to have thorough knowledge of stocks. Then you need to go in an agreement with a registered stockbroker and then, you can start investing, trading, or both. Keep in mind that stock market is very volatile and anything can happen with this. A natural disaster or any political changes in a country or a major company filing bankruptcy and the like may have a huge impact on the market. It can affect the price of any stock and unfortunately, you do not have any control over it. You would just wait and see.

While you invest money, start with a small amount. See how it fares in the market. Keep abreast with your broker or any tips given by your broker. Apply your own discretion when you actually put money in a purchase of any share. Do not follow suite if your brain says negative about it. Read stock related books. Try to sell stocks when you feel comfortable. Since you are a novice, you should not attempt or look for a big profit at the beginning. Move slowly but steadily. All the best.

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