One should never believe in rumors or tips about a certain stock or a particular company.
Almost 50 percent of companies have promoters and brokers assigned with the responsibility of promoting stocks.
They tend to attract shareholders with this strategy and eventually sell off their stocks at a higher price.
These stocks are bound to crash in the future resulting in heavy losses.
These promoters will have their money and will then try to sell some other stock.
They end up making a profit using this method every time and it is the individual investor who ends up suffering a loss.
It is very important to do a thorough research about a particular company before putting investment in its stocks.
You must always use your brain rather than relying on the advice from others.
You should always ignore newsletters, bulletins and press releases while trying to dig out facts about companies.
It is better to start small while trading stocks in the stock market.
You should only invest money that you can honestly afford to lose.
By Kum Martin
Commodities
2007-11-29
3 Important Things That Every Investor Must Remember
Posted by cheahyeankit at 7:24:00 AM
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment