Obviously were all different and have different goals and styles of investing, some enjoy risk, others are adverse to it. Put these factors together and they'll determine your investment personality, and the way you determine your financial future. There are those among us ready to take a risk plunging in and out of the market at a moment's notice; while others invest only for retirement, seeking to conserve their capital, but never realizing the upside potential of a good penny stock pick.
When you've made the decision to become an investor, either large or small, analyze your own investment personality. If you're a conservative investor, prone to worry, you'd be better suited for long-term Blue-chip investments. On the flip side, if you have a "Type A" personality, you'd probably enjoy the thrill of the hunt with the potential of watching a penny stock climb 100, 200, even 500% or more.
All of this wish to be part of the American dream, but none want that dream to turn into a nightmare. In order to ensure your success, first determine your own investment personality, your bankroll, your short-term and long-term goals. Understand that no matter who you are, or what you've learned, there will always be winners and losers, that is simply the way the market works. If you're on a loser, get out fast and live to invest another day.
While the American dream sees all of us increasing our wealth and achieving our goals, this dream can only be realized by taking action, and knowing your comfort zone. Take the time to determine the type of investor you are, find an area of the market that you're comfortable in, and realize no matter your information or methods, no one can bat 1000. This simply means there will always be winners and losers, our objective is to pick more winners over time.
Here are a few points to help make an informed decision...
Will you need your money back quickly or are you investing for retirement? No matter the type of investor, we're all hoping for increase over time, but many would like that increase to happen rapidly. In order to experience a rapid ROI, it's mandatory you get into the market at the right time with the greatest opporutnity for upside potential. That might seem obvious but not surprisingly many investors get blindsided by the market.
Do you have an investment specialty? This author has spent years learning the pennystock niche, assembling a wealth of data, information, and contacts in that industry; all necessary to make the proper moves at the proper time. Determine, which niche you want to invest in, currencies, commodities, mutual funds, or established companies, then learn as much as you can about that industry.
FACTS CONCERING PENNY STOCKS: Penny stocks have great upside potential and should not be ignored by the investor. While high-pressure salesman have given penny stocks a bad rep in the past, there are many established companies, that began life as penny stocks.
DEFINITION: Penny stocks are mostly traded in the over-the-counter market and pink sheets. Penny stocks are priced at less than five dollars a share, but have no upward limitation on how far they might rise.
Take the time to determine your own investment personality, then decide if you're prepared and have the time to do your own research, or whether it would be smarter to subscribe to a quality investment newsletter.
It would be wise to take the time to open a brokerage account, no matter the state of the market as you read this, this will give you the necessary foundation to make your investment moves when the timing is right. - 15224
When you've made the decision to become an investor, either large or small, analyze your own investment personality. If you're a conservative investor, prone to worry, you'd be better suited for long-term Blue-chip investments. On the flip side, if you have a "Type A" personality, you'd probably enjoy the thrill of the hunt with the potential of watching a penny stock climb 100, 200, even 500% or more.
All of this wish to be part of the American dream, but none want that dream to turn into a nightmare. In order to ensure your success, first determine your own investment personality, your bankroll, your short-term and long-term goals. Understand that no matter who you are, or what you've learned, there will always be winners and losers, that is simply the way the market works. If you're on a loser, get out fast and live to invest another day.
While the American dream sees all of us increasing our wealth and achieving our goals, this dream can only be realized by taking action, and knowing your comfort zone. Take the time to determine the type of investor you are, find an area of the market that you're comfortable in, and realize no matter your information or methods, no one can bat 1000. This simply means there will always be winners and losers, our objective is to pick more winners over time.
Here are a few points to help make an informed decision...
Will you need your money back quickly or are you investing for retirement? No matter the type of investor, we're all hoping for increase over time, but many would like that increase to happen rapidly. In order to experience a rapid ROI, it's mandatory you get into the market at the right time with the greatest opporutnity for upside potential. That might seem obvious but not surprisingly many investors get blindsided by the market.
Do you have an investment specialty? This author has spent years learning the pennystock niche, assembling a wealth of data, information, and contacts in that industry; all necessary to make the proper moves at the proper time. Determine, which niche you want to invest in, currencies, commodities, mutual funds, or established companies, then learn as much as you can about that industry.
FACTS CONCERING PENNY STOCKS: Penny stocks have great upside potential and should not be ignored by the investor. While high-pressure salesman have given penny stocks a bad rep in the past, there are many established companies, that began life as penny stocks.
DEFINITION: Penny stocks are mostly traded in the over-the-counter market and pink sheets. Penny stocks are priced at less than five dollars a share, but have no upward limitation on how far they might rise.
Take the time to determine your own investment personality, then decide if you're prepared and have the time to do your own research, or whether it would be smarter to subscribe to a quality investment newsletter.
It would be wise to take the time to open a brokerage account, no matter the state of the market as you read this, this will give you the necessary foundation to make your investment moves when the timing is right. - 15224
About the Author:
In '07 and '08 1500+ stocks rose 25% in 1 dy, many rose 100, 200 even 500% in a week. http://whisperfromwallstreet.com will prove how to profit from penny stocks picks. Visit and download free, "1500 Stocks That Rose 25%"