Investing In Shares

When you approach the stock market, you have a choice of investment options like stocks or mutual funds. I believe that investing in shares of stock is the way to go if you want to make serious money. If you get good at stock market investing, you can make a fortune in the market. Most people though give up just when they start learning. Learning how to do it will take time and patience as well as practice trading real stocks. You won't really discover the rewards in the stock market until you learn how to invest in shares of stock. You should commit today to learning the steps you need to take to be successful.

The best advice I can give is to adopt the CANSLIM strategy as described by William O'Neil in How To Make Money in Stocks. This is probably one of the greatest stock market books ever written about investing in stocks and shares. His philosophy is simple -- you can find future stock market winners by studying the past all star stocks. What characteristics do they share? He's put together a whole set of steps to follow to weed out the stocks that don't act like winning stocks.

The first thing you'll need is a subscription to the IBD. I prefer the eIBD version as I get it when the market closes and I can have it on my computer no matter where in the world I am as long as I have an internet connection. Then, pick up his book and start reading. You'll find that if you start reviewing the materials until you know it like the back of your hand, you'll start figuring out that it's not as hard as Wall Street makes it seem. Now, this doesn't mean you'll lose money, but if you win once in three tries, you will make money in stocks. The only thing preventing you from taking action is you. It's time to stop letting other people manage your investments and take charge of it yourself.

Don't let the fear of failure in the market keep you from trying. Most everybody I know lost money in the market in 2008. The vast majority of people left their money where it was and they lost almost HALF of their money. You have the skill and ability to do that! Start working on it. An investment in shares of stock will pay huge dividends for your portfolio if you work at it.