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Investment Mistakes Part 3

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musicwhiz5
    01-Jul-2007 23:25  
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Hi Elmo10,

Actually, I rely on Yahoo Finance for USA news and the DJIA, S&P 500 and NASDAQ. Nothing too complex, it has all the news you want about M&A, economy, Fed Rates, company news and economic data etc....

Hope this helps !
 
 
elmo10
    01-Jul-2007 18:44  
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musicwhiz5 where do i get the latest US market news, B4 the singpore market starts working for the day,
 
 
elmo10
    01-Jul-2007 18:35  
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Thank you musicwhiz5 for your good advice and also for suggesting the required books to read on, to gain more knowledge.
 

 
Livermore
    01-Jul-2007 08:39  
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My style is the same as musicwhiz5. For me, holding for long term brings me more profit than trading.

 

TA does help. But too me for working individuals, it might not be easy making big money by trading unless you can monitor the market full time. If you put in small positions you might not make much as you might be in it for short term.  If I put in large positions in trading, I would certainly have problems concentrating on my job. Then one ends up neglecting your other form of investment, which is your job.....
 
 
musicwhiz5
    01-Jul-2007 03:47  
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Elmo10,

I would advise people like yourself to consider investing rather than trading, especially if you are just starting out and have less cash to invest. This is due to the risky nature of trying to time the markets; fundamental analysis is a lot more rigorous and affords a good margin of safety in your investments should you choose to use it. Good books would include books onn Warren Buffett as well as The Intelligent Investor by Benjamin Graham. I have also been recommended Uncommon Profits for Common Stocks by Phil Fisher. If you like, you can try Peter Lynch's One Up On Wall Street but I can't get used to his style.

Good luck, and check back at my blog now and then for updates (support me by clicking on my ads thanks) !
 
 
Manikamaniko
    30-Jun-2007 10:32  
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Link

Link 

If the links above don't work, look for the thread  "Interest in Victorian's Intro FA course

 

 
elmo10
    30-Jun-2007 10:15  
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actully were are the session's held. And how do i get to it. thanks
 
 
Manikamaniko
    30-Jun-2007 10:07  
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elmo10... :)


If you haven't done so, why not start with Victorian's coming session/s?
I am sure you'll learn a lot there.   Smiley

 
 
elmo10
    30-Jun-2007 10:03  
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Hi musicwhiz5 could you please suggest me a good book to guide me into how to choose a stock to either buy or sell or hold.And also learn the initial steps of trading. Thank you , your blog is very helpful for newcomers.
 
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