Wednesday, May 25, 2011

Sevenlist: Investment tips for young investors!

1. Keep your investment plan simple:
Select investments which are anticipating long term growth instead of short term promises.
2. Invest in down markets:
Buy during a “Bear Market” and hold. If you must sell, do so during a “Bull Market” to maximize earnings.
3. Invest in reputable, sound companies:
There are always exceptions, but you can't go wrong with a proven track record of strong earnings year after year. Past performance should never be dismissed or ignored.
4. Talk to a financial counselor:
One who has a superior reputation and years of experience. Don't go it alone. Your hard earned money could be lost very quickly by making hasty, ill-informed financial decisions.
5. Keep your composure:
Don't watch the ticker. Let your investments baste in the daily trading fluctuations and hold your ground.
6. Quality over price:
Just because the price is low doesn't make it a sound one. Research your investment and find out what the price should be. Is it overbought or undersold?
7. Invest in your field of knowledge:
After speaking with your financial adviser, do your own due diligence. Get online and see what other financial pundits are saying about a particular investment.

0 comments:

Post a Comment

Popular Posts

Recent Posts

Text Widget

www.toptenreviews.com/
Unless noted otherwise, all text by Sevenlist. Powered by Blogger.