Posted by: hukka_nepali January 13, 2006
Anyone into Stock Market?
Login in to Rate this Post:     0       ?        
Yes kalebhut, "the intelligent investor" i hear is the bible for those who want to learn about investment. That was the first book my mentor recommended when I started generating interest in stocks. So, I would highly recommend that book to everyone, even if you are not an investor. It is an easy read and explains things in plain English. Gives you a lot of insight on how the rich keep getting richer in America and how you can get your share of "pie". Chatmandude, I do subscribe to Motley fool and I have learned more about stocks from their publications than any others. I have their recommendations for stocks you should buy for 2006, including their hidden gems (stocks usually priced under $5 - $10 per share). So, if you or anyone else is interested, I would be glad to put that in here (it's in .pdf fromat so will have to think of a way....hmm). IndisGuise bro, investing and stock markets can be really fascinating as well as thrilling once you get into it. Glad to know you are interested (as a side note, I think if we Nepalis shift our passion from politics to investment, I bet there would be more number of Nepali Millionaire than Nepali politicians....know I mean lol). Not sure what kinds of tips and ideas you are looking for but I can share a few from my own experience. I should point out again that I am rookie at this myself. When investing and buying stocks you need to think either long term or short term, but most financial advisors will say a sound portfolio would have a mixture of both. After long term short term, you need to think high risk low risk stock. High risk will have high rewards and low risk comes with low reward. For most when investing, age is a big big big factor. I am in my early 20'ss so my portfolio has a lot of cheap stocks, which are high risk and high reward. If I were in my 40's, I would have the low risk strategy. One good thing about starting investing as early as you can is you can start out with very little principle. Anyone in their 20's, can start with anywhere from $2,000 - $5,000, as it should be a solid starting investment. There are plenty of stocks priced at under $5 per share and if you do your homework and do your research, there is high potential for reward....you are young so you can take chances and you should. BTW lalpari, what was your "yes" for? Motley fool or stocks? Either or, would be nice to hear more from ya. Alright folks, thats about it for now....comments, questions, suggestions are always welcome :-)
Read Full Discussion Thread for this article