25 Golden Rules of Investing
Rule 1: Bulls, Bears Make Money, Pigs Get Slaughtered
It is important for both investors and traders to know when to buy and sell and make money from stock market.
Rule 2: It Is Good To Pay Taxes
Stop to afraid from paying your taxes and start fearing the loss.
Rule 3: Don't Buy All At Once
Warren Buffet said that "Do not put all eggs in one basket".
Rule 4: Buy Broken Stocks, Not Broken Companies
There is no refund in trading, make your own research and buy undervalued stocks, not the broken companies.
Rule 5: Diversify Your Portfolio To Manage Risk
Make a diversification of your stock portfolio so that you can control the risk.
Rule 6: Do Your Stock Homework
Before you purchase a certain stock, make sure that you already have a research in that particular stock.
Rule 7: No One Makes Money By Panicking
You need to control your emotion when trading.
Rule 8: Buy Blue-Chip Companies
Buy the giant companies because it gives you a peace of mind when you do investing.
Rule 9: Defend Few Stocks But Not All
When you trade a stock, pick your best and favorite stock and focus on that stock.
Rule 10: Bad Buys Would Not Become Takeovers
It is great to focus on fundamentals on a particular stock.
Rule 11: Do Not Own Too Many Stocks
It is better to focus on a few stocks rather than many stocks because it gives peace of mind.
Rule 12: Cash Is For The Gainers
If you like the market, invest it now, and make money from it.
Rule 13: Control Your Emotion
It is very significant for the traders to control their emotions to avoid wrong decisions.
Rule 14: Expect, Do Not Afraid To Correct
Sometimes you got a mistakes, expect it and learn from your mistake, and try to correct it.
Rule 15: Do Not Forget Bonds.
Stocks are great way to invest, but do not forget to invest in bonds too.
Rule 16: Never Support The Losers With Winners
Do not sell the good stock in order to buy a bad stocks.
Rule 17: Check Hope At Your Door
Hope is an emotion. Trading is not a game of emotion.
Rule 18: Be Like Bamboo Means Be Flexible
Be prepare the shift of the market. Sometimes the market goes up or down. It's dynamic.
Rules 19: When Chief Executive Surrender, So Should You Too
When the Chief Officers of the company resign, it's an indicator that is something is wrong.
Rule 20: Giving Up On Value Is A Sin
Be patient when you invest in the market. Price is what you pay. Value is what you get.
Rule 21: Watch News On A Television
Always watch news and be updated what is happening in the market.
Rule 22: Wait At Least 30 Days After Preannouncement
Wait until 30 days after the preannouncement to figure out if it's necessary to buy a stock.
Rule 23: Beware Of Stock Market Hype
Beware of stock market hype, sometimes the market downs drastically.
Rule 24: Explain Your Stock Picks
Make sure that you know your stock picks very well so that you can explain it to others.
Rule 25: There Is Always A Bull Market
In every bearish market, there is always a market for some stocks, try to find it. Research it. Invest it.
Source: TheStreet.com
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Step-by-Step Guide to Investing in the Philippine Stock Market
Stock Investing Strategies in the Philippine Stock Market
Thanks for sharing.
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