Share market tutorial in Shimla – Capital market courses in Shimla – Online share trading courses in Shimla
How do you find the best stocks that will make you the most money? My first word of advice to you is this: Next time you read an article saying that it’s easy, stop reading the article. It’s far from easy. Watching the sun rise is easy. Finding the best stocks, much like losing weight is hard and it takes time, patience, and discipline.
First, let’s look at time. Once you get beyond the sensationalist articles that tell you how to strike it rich with little to no investment knowledge, you will find the real experts saying that no less than one hour of research will need to be done on each stock that you own each week. In order to be diversified (having stocks in different areas of the market to avoid huge losses) you will need at least 5 stocks so no less than 5 hours of research per week plus a little more is going to be needed.
Next, patience. If you are one of those that get a thrill out of watching your stocks move tick by tick in real time on the screen, I’m with you. The truth is that picking the best stocks is largely about picking boring stocks that will appreciate over time. You can still watch your computer screen but you’re going to have to hold them for longer than a day or two. With nearly every stock I buy, I look to hold for quite a long time. Having one exciting stock is OK but your portfolio can be full of them.
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