Do you like to invest in stock exchange?
If you do some speculation in stocks what precautions will you suggest for a stock exchange investor?
This is such a broad topic it's difficult to answer. You will get a different approach from each investor you ask. Some will tell you to buy and hold. Some will tell you to day trade.
The best thing I can say is that if you're trying to retire on this money invest on something that will grow with time. If you want to use this money as a source of income then day trade for quick turnaround money. Of course that is just my opinion. I don't have any economic degrees, just experience from trading for the past 4 years with some good returns. I am young so I can take more risk with my investing. I tend to trade and only hold onto a stock for a few weeks, max. You might want to look into high paying dividend stocks though. They aren't a bad place to start. If you lose money on the stock, at least you will get some money back through the dividend.
As far as precautions go, know when to get out. Set a limit that you know you want to bail and stick to it. That's about the only precaution I have. Unless of course you consider the fact that you need to know your level of risk, but that's just a given. If you're older you shouldn't have as much risk as a young kid.
Hope that helps!
I used to enjoy it. I invested a little while I was learning about the market and the investment process. Did so for quite a while then there was that nasty little down turn and while I didn't have a ton of money, i did lose a bit which I could ill afford to lose. So I don't invest that way anymore.
I would recommend the person really get to know the market. If there is a particular stock that the person is interested in, study it, study it's history. One benchmark I used was how the stock did after 9/11 - how far did it fall, how fast did it recover. It is a good partial indicator.
I keep an eye on the stock market. But don;t invest there. If I had the money I would have bought one million BP shares when their share price collapsed and since their share price has recovered I would have been several millions pounds into profit.
by M.SHOAIB 9 years ago
we must know about stock exchange rules and regulations
by Myn Is Me 6 years ago
What is a Stock Exchange?
by clemchambers 6 years ago
If you had $1000 to invest in one stock what would it be?
by moses indetie 8 years ago
How do i make money in stock exchange
by young inv 10 years ago
Hello everyone , im 18 and am learning to be a carpenter in my second year , I have recently become interested in investing money i have saved into something , i come up with theories at work about why such and such is a great place to invest my money , but before i take a leap , i need to know...
by irenev17 9 years ago
mean buying stock in a band or writer, photographer, even a filmmaker. Not in the traditional 'fund-raiser' sense, but actual shares of digital media.
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