stocks tips

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come over here buy me ten Guinness then sleep with me then I tell you everything I know

Yeah, I could appreciate some advice with the stock market to. I've been told by some people to never spend more than $500 in it, just because if it crashes, money goes down the drain. I've been told by some to spend thousands just to be on the safe side. I've never actually have gotten involved, so I can't say what a safe number is, but be careful. IF you've got the money to spend or are a millionaire, then don't worry about this post.

The best thing is to study the company ,what are they doing ,in what sector,what's the dividend,the profit they make last years are they volatile or more predictable? Look on a graph (you can do it yourself with excell) what the stockprice was the last years and compare it with the results the company makes. Diversify ,when one company goes the wrong way it's no disaster,of course you must try that this won't happen but that's easier said then done,accidents could always happen. Diversify your buying too,when you diversify your buying timing isn't so important and you buy more on low prices then on high prices,a sharp fall in prices is then more an opportunity then a disaster. Don't buy stocks who has already risen a lot and everybody is talking about,in most cases the party is almost over. These are a few tips,when you started after a while you should find your own tips because your profile is maybe the most important thing,how you react on some things that are gonna happen,you must know yourself so you could learn from your mistakes and make more profits when there's the possibility for it and less looses when things are gonna not the right way.