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[M6]Mad Money Stock Picks
by Sharron Nixon, Sha
Financial information is so readily available both offline and online, it is surprising to learn that successful investing is still a major mystery for many folks. The biggest problem is not the lack of information, as there is plenty of information around for anyone who wants it. The real issue is the lack of security and predictability, and the way in which people deal with it.

It is a basic wish for people to be secure, and they also like a certain degree of predictability in their actions and investments. But balancing this is their desire to make a profit. The biggest problem is that in order to attain high profits, there is usually a high degree of risk.

Of course, one solution to this dilemma would be to simply put your money in a savings account, collect a little interest and just relax. If this sounds good to you, you are probably better off taking this course of action, and you do not need to read the rest of this article.

So, if you're reading this, you are probably not satisfied with the small returns that you get with savings accounts, and you need your money to work a little bit harder for you.. But you would still like to minimize your uncertainty, and find a certain amount of predictability in what you are doing. I can give you a prediction that has a very high degree of certainty.

If you invest in the stock market, two things are bound to happen. You are going to win some, and you are going to lose some.

That should at least cover the uncertainty factor. This might sound too simplistic, which in one way is good, because the point here is very simple. It just is not feasible for you to make money every single time you make a transaction. Even Warren Buffet does not make money on every single investment he has ever made, and you are talking about a master here. The best traders and investors in the world lose money on a certain number of their transactions

On the flip side, it is very difficult to lose money every time you invest. Yes, you will hear some claim that they have never made any money on their investments, but there is a high probability that this just is not true . Even these people have made money on some of their transactions, but they probably re-invested that money into other stocks that ended up losing money.

It can be likened to the time spent sitting at a slot machine. After you play for a while the machine will start throwing out a mountain of coins, resulting in a nice profit. But instead of calling it a day and pocketing your winnings, you simply keep pouring money into the machine until the very last coin. Then you go home wondering why good luck never comes your way. The fact is, you did do ok, but it is what you do with your windfall that matters.

It is important to face the fact that losing some money from time to time is ok, and you need to accept that. This does not give you the excuse to feel fine every time you lose money. You should always have the goal of making a profit, but you need to be aware of the fact that you cannott realistically expect to make a profit every single time. This will ease some of the fears of failing, since losing money on an investment does not mean you are a failure as an investor. Many people never get started just because they are afraid of losing money. And if they do lose money, they feel they have failed and retreat from the stock market in its entirety, never to return again.

If you have not experienced this yet, take a look around you. Do you ever remember a friend or relative telling you about their investments? Just about every time you bumped into them they would tell you how good their stocks were doing and how much profit they were making. And then, suddenly, they completely dropped the subject. They never said anything about it again. And if anyone asked them how their stocks were doing, they would either mumble something inaudible or utter some kind of defensive statement. What is likely to have happened? You guessed it. They lost their money and withdrew from activity in the stock market. They have essentially given up, and in doing so, they have lost. Not because they lost money, but because they gave up.

If you want to be a successful investor, you cannot afford to handle it like that. The thought of giving up surface when things are not going your way, but you should never give in to it. When it comes to successful investing, your attitude is more important than your knowledge, just as this rings true in many other areas of life.

You should always try to learn all you can about investing because you do need knowledge. Even if that knowledge is just the basics of how the stock market works. You also need to learn from your mistakes, but you have to realize that you will not be successful 100% of the time. So before you put your money into the stock market, or any other investment for that matter, remember this: You will win some and you will lose some.

Many people define the best penny stocks by how much they cost per share. It is not reliable to pick a penny stock based on this method. There are much better criteria for analyzing such high risk stocks. Even if you do find the greatest stock pick in the world there is still risk involved. So dont ever think that any stock is a sure thing. Learn a bit about the stock market first and understand fluctuations. Then understand that those fluctuations are amplified ten fold or more with penny stocks. No joke.

There are quite a few companies out there selling services offering advice on penny stocks. The number one out there is Mr. Peter Leeds. Think about this for a second. How did he become number one? Is he stock market savvy? Does he really know what he is talking about? Yes and no. The point I one to make here is that of course his picks are good picks. Think about it, he is so well known now that tons of people follow his picks and jump on them at a moments notice. This of course causes a demand and price surge in any stock he recommends as penny stocks take relatively little activity to react in a positive direction. So it always looks as if he has a flawless record of stock pick recommendations and his service subscriptions continue to sell like hot cakes.

Here at Best Penny Stocks and Picks we track hundreds of penny stocks and make judgments based on sound analysis and then email this out to a select group of individuals every morning before the stock market opens. We do not profit from out services except to charge for advertising and promotion. We have relatively few clients in comparison who range from very savvy to completey uneducated concerning stocks. The common thread among all is they dont just jump on every recommendation we make. Thats completely fine with us and we advocate such investment behavior.

There is nothing wrong with sitting and watching to see what would have happened to your money IF you had invested in any particular stock. We have recommended all along that you take your time and get to know the stock market and have even recommended using practice trade accounts. These are accounts that use fake money to trade with using real stocks. It really helps you get a feel for the market and see what you are comfortable with.

Its ok to follow other peoples recommendations if you yourself dont have the time to do the research. You just have to make sure you have been following a reputable service and not someone just trying to make a quick buck. Penny stocks seem to be alluring to all the bad guys on the internet. Its not uncommon to come across an email or website purporting to be just the source of information youve been looking for. Just take you time and be cautious until you get a feel for whats legit and whats not.
Article Source : Pg. 108

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Both Sharron Nixon & Scott Johns are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Sharron Nixon has sinced written about articles on various topics from About Branding, Bipolar Disorder and Bipolar Disorder. You can find out more about choosing and ways to pull the odds in your favor by visiting. Sharron Nixon's top article generates over 201000 views. to your Favourites.

Scott Johns has sinced written about articles on various topics from Investing and Trading, Penny Stocks and Careers and Job Hunting. Scott Johns conducts research and analysis of stock market picks for a penny stock analysis company. To check out for some of his company's latest p. Scott Johns's top article generates over 9900 views. to your Favourites.
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