Friday, August 10, 2007

Investing Tips

Investing Tips So, now that we know it is nearly impossible to time the market, let's take a quick look at how to start building a solid stock portfolio:

Buy into well-managed companies and hold them for the long term as long as they keep growing.

Regularly invest set amounts regardless of short-term price movements.

Always buying on weakness and what's cheap right now.

Reinvest all dividends and capital gains to put the power of compounding to work for you.

Diversify by invest in 8-10 stocks, more if you can afford it (but not more than you can easily follow), in 8 or more different sectors.

Start investing NOW! Don't wait for a good time. All times are good times.If you follow these basic principles then you should have no problem building a long-term nest egg and being safely isolated from market fluctuations.

Investing Tips - Now is the time to invest

So, now that we know it is nearly impossible to time the market, let's take a quick look at how to start building a solid stock portfolio:

Buy into well-managed companies and hold them for the long term as long as they keep growing.

Regularly invest set amounts regardless of short-term price movements.

Always buying on weakness and what's cheap right now.

Reinvest all dividends and capital gains to put the power of compounding to work for you.

Diversify by invest in 8-10 stocks, more if you can afford it (but not more than you can easily follow), in 8 or more different sectors.

Start investing NOW! Don't wait for a good time. All times are good times.

If you follow these basic principles then you should have no problem building a long-term nest egg and being safely isolated from market fluctuations. But, be FLEXIBLE ! "Times change, and we change them."