Making Money in the Stock Market Wisely
Making money in the stock market is quick and easy right? Wrong!! I see this all the time and it really pisses me off! Lets face the facts. The is no quick and easy way to making money especially in the stock market. It you feel any different do yourself a favor and close this page because your wasting your time. I’m not trying to be a jerk but I don’t want you to waste your time.
Yes you can make money in the stock market but it takes research and a lot of hard work. First things first, you need to immerse yourself in this sub-culture. You need to change from SportsCenter to Squawk Box. Well maybe not change but definitely consume more CNBC than ESPN. You need to take a trip to borders and pick up Jim Cramers Mad Money book series or Peter Lynch’s One Up On Wall Street. You need to totally surround yourself in this new world so that when an opportunity presents itself your not standing there blind.
So where do I look for a winning stock? Me personally I use Yahoo Finance and MSN Money. They both have a huge amount of financial information as well as investment advice. One of the best things you can do is to look up a stock and see whats going. Check out it’s financials. Look at what the analysts are saying. It’s best to navigate these sites and get a feel for how they organize the data.
I have learned what works and what doesn’t. Due to the information overload some people get confused and give up before they get involved.