what r ur best tips for playing the stock market and makeing as much money as possable,and same for inverting.
♥ asked:
what r ur best tips for playing the stock market and makeing as alot if money?
and what r ur best tips for invertsing money?
what r ur best tips for playing the stock market and makeing as alot if money?
and what r ur best tips for invertsing money?
Tags: Alot, Makeing Money, Money Tips, Much Money, Possable, Stock Market, Ur
January 9th, 2010 at 11:45 am
To anyone as green as your question sounds, I recommend _The Motley Fool Investment Guide: How the Fools Beat Wall Street’s Wise Men and How You Can Too_ by David and Tom Gardner.
January 10th, 2010 at 7:56 am
The best tip I can give, is think long-term. Let compound interest , dollar cost averaging and dividend reinvestment work in your favor.
Your first option should be to fund fully a retirement account. This is always a great way to invest.
If you have done this, or you wish to wait on the retirement fund, then one of the best things you can do is open a DRIP Plan.
They are seldom talked about because brokers make very little money when they suggest them. Yet, they have proven to be one of the best, if not the best, long-term strategy on Wall Street.
The best part is you get solid annual returns from well-known, safe Blue Chip companies like: McDonalds, General Electric, Pfizer, Walmart, US Bancorp…….etc……..
They are inexpensive to start and maintain, and your dividends are reinvested for free.
They are perfect for small investors, as well as big investors. They are safe and allow you to not care about whether the market is going up or down.
Good Luck