From [http://whisperfromwallstreet.com]:
"Penny stocks should be part of any investor's strategy. 90% of all the big moves in penny stocks are predictable and will be repeated. In 2007 and 2008, 1500+ stocks rose up to 25% in a single day....
Do be aware that penny stock investing is not all free from risks. In fact, the high fluctuating prices of penny stocks may make it unsuitable for beginners.
However, if you have been in the stock market for some time and understand how it works, penny investing may be a good way to go.
A good web site for tracking penny stocks is here. Unfortunately, there are still no books on investing on penny stocks for dummies yet. :D Other links:
Wednesday, October 21, 2009
Tuesday, October 20, 2009
Good books for stock invesment for dummies
A few good books on stocks investing for dummies are listed here:
 Stock Investing for Dummies |
The Neatest Little Guide to Stock Market Investing |
 Investing Online for Dummies |
 Investing For Dummies, Fifth edition (Paperback) |
 Mutual Funds for Dummies |
 Trading for Dummies |
 Bond Investing for Dummies |
 Technical Analysis for Dummies |
 Candlestick Charting For Dummies |
Monday, October 19, 2009
Stocks for dummies
[What is a stock market - basic information for stock investment for dummies]
A stock market is a public market for the trading of company stocks at mutually agreed prices. The world stock markets were estimated to be worth about USD$37 trillion in 2008. Investing in the stock markets can be both profitable & exciting. Learning to trade for profit can be a good way to make extra income. However, there are several fundamental information that a new investor must learn. Beginners will not find it easy to make money at the stock exchange initially. If it were easy, anyone who is an investor would have become a millionaire.
[Tips for investing in stocks for dummies]
Investing in the stock market can be confusing, especially for the beginner. Some guidelines that can be helpful for stock investing are as follow:
1. Understand that there are no set rules for investing. There are no guarantees and no perfect way to invest.
2. Buy "blue chips" and "big names" stocks. These have lesser chance of earning shocks and company failures.
3. Read up on stock investing. The list of stock investing books from the "Stocks for Dummies" series can be a good start (see pictures below):
4. Treat all investments as if they are the last ones that you would ever made.
5. Note down all the details of your investment transactions: profits, loss, rationale for buying, reasons for selling.
6. Diversify your stock purchases across industries and countries.
7. Buy when there is a crisis (after it has happen for a few months).
8. Invest in exchange-traded fund (or ETF).
9. Invest using "extra" money only, that is money you can afford to lose or at least hold on to through the rough times.
A stock market is a public market for the trading of company stocks at mutually agreed prices. The world stock markets were estimated to be worth about USD$37 trillion in 2008. Investing in the stock markets can be both profitable & exciting. Learning to trade for profit can be a good way to make extra income. However, there are several fundamental information that a new investor must learn. Beginners will not find it easy to make money at the stock exchange initially. If it were easy, anyone who is an investor would have become a millionaire.
[Tips for investing in stocks for dummies]
Investing in the stock market can be confusing, especially for the beginner. Some guidelines that can be helpful for stock investing are as follow:
1. Understand that there are no set rules for investing. There are no guarantees and no perfect way to invest.
2. Buy "blue chips" and "big names" stocks. These have lesser chance of earning shocks and company failures.
3. Read up on stock investing. The list of stock investing books from the "Stocks for Dummies" series can be a good start (see pictures below):
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5. Note down all the details of your investment transactions: profits, loss, rationale for buying, reasons for selling.
6. Diversify your stock purchases across industries and countries.
7. Buy when there is a crisis (after it has happen for a few months).
8. Invest in exchange-traded fund (or ETF).
9. Invest using "extra" money only, that is money you can afford to lose or at least hold on to through the rough times.
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