Archive for December 2009

Stock market advice

There is a lot of stock market advice floating around on the internet, and other forms of media. I follow the stock market closely so I have my own opinions about certain stocks and where the stock market might be headed, however I would never advise any beginning investor to take specific advice from anyone on the internet.

The odds are that these guys on the internet who push specific stocks are either trying to make a quick buck off of you or they do not know what they are talking about. If you want real advice, talk to a stock broker or another professional in the field that works with the stock market.

The internet is a great place to learn about the stock market, that is why I set up this website. However do not fall for any scams out their. There are no “secret systems” or formulas for beating the stock market. The only way for most to succeed in the stock market in the long term is to buy solid companies and hold them until you absolutely have to sell them. In the long term you should expect between a 7-12% return on your money. Compound interest will go into effect immediately and your money will be doubling over and over again.