Do you invest in stocks?

[Russell]

Re: Do you invest in stocks?

I think just about everyone that's been in the market long enough suggests not to chase the next hottest sector/stock. Yes, I'm guilty of doing this but most of the time you'll get burned.

The widely recommended thing to do is to pick the best stocks and funds you can and stick with them for a long time ignoring the ups and downs of the market. Its very tempting to move your money when you see your picks doing poorly compared to the others but if you're in for the long haul you shouldn't pay attention to the current ups and downs.

At least its the safer way to invest and may not necessarily be the best. Unfortunately, some don't agree with 'buy and hold' and prefer 'trading' rather than 'investing'. After chasing the next hot sector myself for sometime now I've concluded that for someone like me who can't predict which way the market will shift next is better off sticking with investing rather than trading. Others may do well with trading...

A few articles that I really like:

http://money.cnn.com/pf/101/lessons/4/

http://www.fool.com/school/basics/basics08.htm

http://moneycentral.msn.com/content/...ng/P117785.asp (start investing with $100)

[jmjj215]

Re: Do you invest in stocks?

VJW has mentioned in this forum that timing is becoming more of an issue - not just buy and hold.

[Russell]

Re: Do you invest in stocks?

Yes, Charles Givens' strategy of money movement says to move money based upon where the intrest rates are headed and I've also read VJWs posts with interest because it sounds like he knows what he's talking about but that's just it...I don't know what I'm doing so I'll follow the traditional advice...