2) Invest only in high quality "Blue Chip" companies.
3) Be patient. Be VERY patient.The longer you hold on to these stocks, the more they'll be worth.
3) Get diversified over a span of time. You can get instant diversification by investing in no-load mutual funds
4) if you can afford it, reinvest your dividends in the company that issued them. This gives you the good impact of compounding.
I would recommend you find a proven site where they give members tips, the one I would recommend is in the source.
￡100 for a membership, but then do you expect to get decent tips for free? Average yield per trade is 8-10% so profits are only determined by how much you have to invest.
One reassurance on there is they have lots of free tutorials of how to trade the stock market, so you know they definitely know their stuff.
If you go to "Trading accounts" there's 3 different trader types, find out which one you are, there are different accounts to trade and be risky (high profit) an account for if you want to save up over time, and all explained in videos. These accounts are free and with royal bank of Scotland and city index.
Also on the facebook they are very useful and able to help anyone.
If a person has no knowldge and skills about Forex then it will be very difficult to trade in Forex. But if you use the right software you can make very good profit. The best software is called "autobinary signal". If you aren't a big expert this software is the only way to earn good money in Forex.
My tip is never gamble more money than you can afford to lose. Playing the stock market is just another form of gambling. There are winners and losers. There are no certain ways to win. If there were we would all be rich.
Living out from stock market is harsh, unless you're really good at it and lucky. Here's where you can find some tips: http://demandpal.com/ .
you either have years of experience in the field or you pick very safe investments over a lengthy period of time or you can pick a horse in next weeks grand national the odds are similar
Are there any ways to do well in the stock market and not waste time and money in a business that isn't worth it? Is there a way to predict future outcomes of a business available on the stock market? Have you got tips for purchasing in stakes on the stock market?
