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I'd go buy and hold. You don't need to know that much, you just need the discipline not to try to know too much. If you try to beat the market you'll most like
by erik14th 13y ago
I'd go buy and hold. You don't need to know that much, you just need the discipline not to try to know too much.
If you try to beat the market you'll most likely spend too much time that would be better spent in something else or end up beaten.
A good company to invest in, for me, is just a company with consistent profit growth, doesn't need to be a lot.
You can buy as many good companies as you want, and you should buy different stocks from different sectors, so you won't be greatly affected unless the whole economy collapses.
You can, and should, check those companies only like once a trimester or even a year. Cause prices go up and down, but value in good companies tend to rise in the long run.
I'm 24 and those are things I learned by having the same question.