Tuesday, May 24, 2016

Starting Smarter Investments

                
How do you start investing if you are just beginning or are not a professional investor? You can start doing what the most experienced never do, and avoid many of the pitfalls they face.

Do not trade securities for this basic reason: Research invariably shows that you cannot time the market. So avoid any web sites that entice you with stock trading tips.
                       
Open an account with a very low cost mutual fund family of funds.
                                           
Do not make a habit of buying individual securities. The analysts who claim they know all about markets know very little for two reasons. First: they’re not really versed in business. Secondly: They cannot get close enough to understand a business that even CEOs often find difficult to comprehend. (See the Earl J. Weinreb NewsHole® comments and @BusinesNewshole at Twitter.)

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