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Best single advice for a new comer
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Francisnjuguna
#1 Posted : Thursday, September 18, 2014 3:03:34 PM
Rank: New-farer

Joined: 7/16/2014
Posts: 21
Location: Kenya and Liberia
What the single best advice for a person who want to join this business of investing in stocks
njuguna1
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KenyanEconomist
#2 Posted : Thursday, September 18, 2014 3:08:10 PM
Rank: New-farer

Joined: 5/7/2014
Posts: 40
Francisnjuguna wrote:
What the single best advice for a person who want to join this business of investing in stocks


Invest in Growing companies. Growth creates value!
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Goldilocks Reloaded
#3 Posted : Thursday, September 18, 2014 3:12:09 PM
Rank: Member

Joined: 1/14/2014
Posts: 178
Invest more in knowledge and information than in watching the ticker.
Go for a business that any idiot can run – because sooner or later, any idiot is probably going to run it – Peter Lynch
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shrewdinvestor
#4 Posted : Thursday, September 18, 2014 3:57:35 PM
Rank: Member

Joined: 9/12/2014
Posts: 120
Location: Nyali
Goldilocks Reloaded wrote:
Invest more in knowledge and information than in watching the ticker.

Best advice ever!Understand what you are about to get yourself into:thoroughly that is!
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kasibitta
#5 Posted : Thursday, September 18, 2014 4:08:46 PM
Rank: Member

Joined: 2/7/2014
Posts: 155
Seek knowledge and information and be wise.Finally, think by yourself...dont follow crowds
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hisah
#6 Posted : Thursday, September 18, 2014 4:27:37 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Don't jump in when everyone is talking about stocks no matter how cheery the media headlines sing about the hot stock market streak.

Buy when the media is so negative about the market or when they stop talking about it and when nobody wants to talk about stocks coz of their bad experience. That is when you mention about stocks everyone has that killer eye on you to shut up or else...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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its2013
#7 Posted : Thursday, September 18, 2014 5:37:59 PM
Rank: Member

Joined: 1/4/2013
Posts: 255
Buy low, sell high. Neither be too quick to buy nor too quick to sell. Carry out proper due diligence before every buy. Do a proper analysis of the stock and your decision before every sell.


Also very importantly, not every advice given is meant for your good. There are bears, bulls and pigs but there are also foxes and you'll know them with time.
Pretty hurts
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sparkly
#8 Posted : Thursday, September 18, 2014 5:57:46 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
hisah wrote:
Don't jump in when everyone is talking about stocks no matter how cheery the media headlines sing about the hot stock market streak.

Buy when the media is so negative about the market or when they stop talking about it and when nobody wants to talk about stocks coz of their bad experience. That is when you mention about stocks everyone has that killer eye on you to shut up or else...


You hit the nail on the head.
Life is short. Live passionately.
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Magnate
#9 Posted : Thursday, September 18, 2014 6:32:01 PM
Rank: Member

Joined: 11/1/2013
Posts: 257
Goldilocks Reloaded wrote:
Invest more in knowledge and information than in watching the ticker.


Applause Applause
No diagnosis,no pragnosis,no pragnosis no profit......Jesse livermore
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ngapat
#10 Posted : Thursday, September 18, 2014 8:20:39 PM
Rank: Veteran

Joined: 12/11/2006
Posts: 930
Buy value
“Invest in yourself. Your career is the engine of your wealth.”
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