| There is a mass of information available on how to | | | | You would sell them when they caught up with other |
| buy shares. Here are three simple tips which I believe | | | | comparable shares. Finally, contrarian investing is |
| will help you to avoid some of the pitfalls. | | | | about not necessarily always going with the market |
| 1. Research, Research And More Research | | | | trends. |
| There is no substitute for research. Hot tips are | | | | 3. If You Need It - Don't Trade It |
| useful but you should not be putting money down on | | | | It is difficult to trade and stick with your investment |
| these alone. If you have a hot tip then use this as a | | | | strategy if you are constantly worrying about your |
| spring board for research. | | | | bottom line portfolio value. |
| 2. Work Out Your Strategy | | | | Remember that shares go up and down and |
| Careful investors always know their strategy before | | | | sometimes it is worth sitting out a short lull in order |
| they part with their money. The three main strategy | | | | to make greater gains. If you are desperate for the |
| categories are growth, value and contrarian investing. | | | | money to be realised this is difficult to do. |
| Growth investing is about buying shares with a long | | | | Principally, if you disregard any of the over there is a |
| term view. With this strategy you should expect to | | | | potential likelihood that you will lose money. As |
| hold onto your share for quite a while and for them | | | | important as these three tips is a belief that you are |
| to increase as the industry strengthens with the | | | | feeling self-assured about investing if this is not the |
| economy. This is different to value investing. In value | | | | case along with following these three tips the it is |
| investing you are looking for shares which you | | | | definitely not a good time to start investing in shares. |
| believe are currently undervalued. | | | | |