Creating Wealth in Stock Market

>RULE 1: WHY DO YOU INVEST?4.Assuming that the tip is true, would you possibly
Make more money, this is the answer to mostknow about it?
people.Normally insider news is not disclosed.
If your reason is to make more money, then askRULE 7: SELL YOUR STOCKS EVEN LOSING MONEY
yourself these three questions:It is easier to be said than done.
1.Is your strategy making money?Sell at a loss is a difficult decision. Your heart will
2.Is your strategy safe?object, and your feeling will say "It is going to
3.How to increase the profit and minimize the risk?rebound, don't sell." Eventually price dropped further,
RULE 2: HOW TO CREATE WEALTH IN STOCKcausing a much tragic lost.
MARKET WITH JUST $1,000RULE 8: DON'T JUST FOCUS ON MAKING MONEY
Let say we invest some lower price stocks with justHow to protect your capital is much more important.
$1,000 in the stock market, invest twice a year forDon’t try to make 100% profit. It is already
short-to-medium term. If each time the return isgood enough to have a 60% profit margin.
double, you will make one million dollar cash within 5RULE 9: HISTORY WILL NOT ALWAYS REPEAT
years. If your starting capital is $20,000, after 3Everyone expects to make some money from the
years you will make one million dollar cash.stock market before Christmas, New Year, annual
If you are using the same $1,000 capital, invest twicebudget announcement or election, but the stock
a year, but the return is only 50%, you will make onemarket is not always bullish during these events. We
million dollar cash after 9 years.can say history is not always repeated.
So we can always start small. However, it is veryThe best way is “Let the Market Lead us”.
important that we know how to select high profitRULE 10: QUOTES FROM WARREN BUFFET
and low risk stocks.There are only two rules to make money in stock
RULE 3: DON'T GET OBSESSED WITH STOCKSmarket:
Sitting and monitoring the market whole day long willThe first rule: Never lose your money.
not bring you profit. Instead, it increases pressureThe second rule: Never forget the first rule.
and misleads your judgment.RULE 11: TURN BAD STOCKS INTO GOOD STOCKS,
RULE 4: NEVER GAMBLEDON’T JUST HOLD YOUR STOCKS
95% of the people always buy at the highest price.Don’t hold your stock too long, there is a
They don’t really know when to buy, justvalue when stocks are sold.
relying on news, rumors and tips. Only 5% of theHow long have you been holding your stocks until
people knows how to trade at the lowest price.now?
That’s why 95% are losing money, only theSince Year 1993? 1997? Or Year 2000?
5% are making money.Why didn't you exercise your stocks? Long term
Investment Builds Wealth, Gambling Definitely Lose !investment strategy is not practical anymore. Even
RULE 5: SAY GOODBYE TO NEWSthe blue chips also crash when the market collapses.
News used to be able to predict the market trend.The best strategy is to sell the stocks that are not
But not anymore, it is difficult to judge which newsearning money, and reselect some good counters.
could actually influence the market nowadays.Buy low, sell high for several times will earn you more
RULE 6: DO YOUR OWN ANALYSIS, FORGETthan enough to compensate the lost.
ABOUT TIPSRULE 12: WAKE UP FROM MISTAKES
Before investing, ask yourself these four questions:Stop investing if you are not sure of when to buy or
1.How many people have already heard about thesell.
tips before you?Without the knowledge of investment, you are
If many have heard about it before you, this news isbound to lose again. This is an age of information.
already obsolete. The price is already high.Investors are using knowledge, techniques and
2.How long have the tips been spreading before itstrategies to make money. Without investment
reaches you?knowledge, how do you protect your money?
The next day?Building wealth through investing starts with securing
3.Who told you?your capital.
Listed company director? Or friends?