Stock Investing - Selected Resources For Stock Investing

by Andrew Mills

One of the most common requests I receive is for investing help. In this article, I try to present just a few basic investing tips to remember when you plan for your future through investing.

1. Have a plan and know where you are going with your investments. If you don't have a plan, how will you know if you are on track? The process of creating a plan includes determining your current financial situation, how much money you want to save, and by when.

2. Diversify your investments. Create a balanced portfolio to help you stay on track and reach your goals.

3. Beware of get rich quick schemes. If an investment seems too good to be true, it probably is. Usually the higher the estimated return, the higher the risk to you. Stick with time-proven ways to grow your investments.

4. Feel comfortable with your investment decisions. If the risk in your investments keeps you from sleeping at night, they aren't worth it. Life is too short.

5. Keep good records and check your statements each time you receive them. Always question anything that doesn't look right or that you don't understand. Read the Prospectus thoroughly before investing, do your research and understand how the fund works and all applicable expenses.

Investing, if done properly is a key to your future wealth. So don't forget to include these tips when you invest and watch your success.

for more finacial and money related articles visit http://www.click4money.net or earn4clicks.com

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Yahoo! Finance: Most Popular
The most popular stories on Yahoo! Finance

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Nokia Corp. and Qualcomm Inc. said Wednesday they agreed to settle a high-stakes licensing dispute and end a bitter legal battle that has lasted nearly three years and spanned three continents.
Qualcomm, Nokia deal ends long legal battle (Reuters)
Qualcomm Inc and Nokia settled a three-year, three-continent legal battle on Wednesday when Nokia agreed to make an upfront payment and ongoing royalties to the U.S. technology company.
Microsoft exec who led Yahoo bid leaving company (Reuters)
Microsoft Corp said on Wednesday that Kevin Johnson, who as president of Microsoft's largest business division spearheaded the company's pursuit of Yahoo Inc , is leaving the software maker.
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Microsoft exec who led Yahoo buyout team to leave (AP)
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WaMu shares fall on 2Q loss, S&P downgrade (AP)
Shares of Washington Mutual Inc. stumbled Wednesday after the bank reported a staggering $3 billion loss in the second quarter as it increased its loss reserves to more than $8 billion to cover souring mortgage loans.
San Diego sues Bank of America to halt foreclosures (Reuters)
San Diego's city attorney said on Wednesday he filed a lawsuit against Bank of America Corp and its Countrywide unit to prevent the mortgage lenders from foreclosing on homes in the city, which he aims to make a "foreclosure sanctuary."
Defense firms split $6.9B parts deal (AP)
The Air Force has awarded a $6.9 billion contract for spare parts to a variety of contractors for all of the service's managed weapons systems.
Toyota outsells GM worldwide in first half (AP)
General Motors Corp., pummeled by falling U.S. sales and high gas prices, lost the global sales lead to Toyota Motor Corp. in the first half of this year, but the churning market makes it difficult to predict which automaker will end the year on top.
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Five tips for Investing