I am going to show you how to
pick winning stocks. You'll even
learn the basics of reading and
analyzing a company's financial
statements (oh, oh, can you really
do this? Of course you can!). This
is part of what is called
"fundamental analysis".
To pick winning stocks, you need
the tools to separate the companies
with superior sales and profit
growth from the ones who are just
making a lot of noise. Besides
choosing the right companies to
invest in, you must learn how to
read the market's trend so that your
timing is right.
And picking the next big winner
based on the news is not as likely
as picking the next big loser. The
news media's time-frame is usually
very short, sometimes just that
particular day!
Okay, you've made it this far.
Unless you're feeling totally
overwhelmed, don't skip to the
mutual fund chapter now.
If you're really serious about
becoming a pro at investing in the
market you might want to become a
student of technical analysis -
reading stock charts. Read How To
Make Money In Stocks and 24
Essential Lessons for Investment
Success by William J. O'Neil.
Then attend one of his remarkable
Investor's Business Daily's
workshops. At the very least,
subscribe to the Investor's Business
Daily. This incredible publication
does most of the work for you, the
serious or casual stock market
investor. (I receive nothing from
Mr. O'Neil or his excellent business
paper for my endorsement. You can
depend on me to only recommend the
best).
Doing all this research takes a
lot of time and is prone to error.
Isn’t it easier to just get copies
of Money, Smart Money,
Business Week, Forbes,
Fortune, etc. and buy the
stocks that they recommend? After
all, most of these stocks have been
chosen by really smart
professionals. No, no, no. See the
section on stock market analysts at
the end of this chapter, you may be
surprised.
| A
person’s investment success
or failure is partly
determined by good or bad
luck. When an investor has
made money in a good bull
market, it’s hard to know
just how much was because of
their investing skill.
People will let you know
about their successes, while
quick to forget about their
losers. You’re not likely to
hear about the mistakes that
they’ve made (all investors
have). |
Other Stock Market Basics Topics:
-
Stock Market Investing – the
Right Way
-
More Stock Marketing Investing
- How to Pick Winning Stocks
-
The Golden Rule of Investing
-
Avoid Psychological Traps to
Have Successful Investing
-
Changes in Stock Values Can Be
Big Numbers
-
How to Invest Smart
-
Stock Advice - Important Selling
Rules
-
Poor Stock Buying Decisions
-
Market Indicators
-
Stock Market Cycles
-
When a bear stock market may not
be a bear market
-
Stock Index Futures
-
Four Things that Affect Stock
Valuation
-
What is a P/E ratio?
-
Value Investing
-
Cheap Stocks
-
What is a Financial Statement?
-
Analyzing Financial Statements
-
Stock Market Tip - Red Flags to
Look For When Investing?
-
The Annual Report – How to Read
-
Stock Market Analysts – Stock
Market Advice and Tips
|