My Top 10 Investing Tips

Investing

My Top 10 Investing Tips are the result of 6 years of investing. I have made many investing mistakes, but learned a solid set of investment principles in return. Below are my top 10 Investing Tips:

(1) Invest in companies you know
(2) Invest in companies that will grow in the market
(3) Invest in companies that can raise prices and people will still buy
(4) Don’t invest in popular stocks or fads, fads die hard. i.e. Croc’s, Heely’s
(5) Research companies news and financial statements before you invest
(6) Use logic when investing, leave emotion at the door
(7) Keep your portfolio of stocks focused, don’t invest in over 30 stocks
(8) Invest in a stock only if you would you buy the entire company
(9) Invest for the long-term, the tortoise won the race.
(10) Look for companies with worldwide brand presence i.e. Apple, RIM

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2 thoughts on “My Top 10 Investing Tips

  1. hey man
    thnks a ot for the advice!!!
    but i was wondering if u cud hep me a il further cuz im lookin 2 invest sum money (wen i save it) into some) in to either stocks or mutua funds, even thought mutual fund r a safer way to go i find that stocks, though riky get u more bang for ur buck………u kno ny growing companies that look promising??

  2. Hey Craig,

    It’s a tough decision – stocks or mutual funds?

    With mutual funds, a portfolio manager takes care of the stock picking, but in return will cut away your profits with high management fees.

    With stocks, like you said, returns can get volatile, and what it really comes down to is picking good companies and sticking it out – through ups and downs on the stock chart.

    But theres an alternative you’ll be interested in. ETF’s. I’ve been investing in these investment products for a while. An ETF is basically a mutual fund traded on the stock exchange like a stock that has super low management fees.

    Check out the XIU ETF http://ca.ishares.com/product_info/fund_overview.do?ticker=XIU. XIU invests in the top 60 companies in Canada and the management fee is only 0.17%. So just invest in it and sit back.

    Robin

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