Managing Your Stocks: 5 Considerations!
Although, some politicians, etc, emphasize, how the stock market, is performing, rather than the broader – picture/ scope, of the overall economy, it seems, very few, are properly prepared, and/ or, ready, to handle the principal necessities, of investing in stocks. It takes an open – mind, and the ability to focus, more on reality, than emotions, and consider, a variety, of, potentially, relevant factors! Having, been a Registered Representative, and Principal, of investment companies, for a considerable period of time, I feel, strongly, potential investors (especially, in the stock market), should, have a mindset, which considers, these variables, and proceeds, in a wiser, more – focused way. With, that in mind, this article will attempt to, briefly, consider, examine, review, and discuss, 5 significant considerations, regarding managing stock investing/ investment.
1. Evaluate fundamentals/ financials: Unfortunately, as in many things, these days, many people, overly, rely on the analysis/ opinions of others, instead of thoroughly, examining, a particular corporation’s fundamentals, and what the audited, financial statements, mean, and represent. Read books, take courses, and understand, key terminology. Know, how to read, and understand, budgets, and financial statements. Why are analysts, making certain predictions, or analyses? Try to separate, emotion, from logic, from the onset!
2. What to do, when a stock’s price, goes up?: A stock may go, up, stay – steady, or go, down, in price. What should one do, when the price of a particular stock, goes up, after you purchase, it? Ask, yourself, if you didn’t already, … Read more