Stock Market Tips

This week am going to be sharing some ways to guarantee Success in the Nigerian Stock Market and also how to decide which Stocks to Invest in.

Make sure you spread your risk. No matter how one looks at it, it is risk worth taking. So ensure you spread the risks and not put all your eggs in one basket.

Enter the market when others are leaving and leave when the ovation is loudest.

Sometimes its advisable to hold your stock for a long period of time.

Monitor the market at least once a day.

Study Federal Government’s economic policies especially the ones concerning your investments.

Research and make sure you know about the company you are investing in.

Monitor the company closely and the stock market.

Buy as many different stocks as possible. That way al eggs are not in the same basket.

Don’t be too expectant or better still over expectant but at the same time expect the best.

Stay put.

Use or consult a stockbroker. Or ask others who are more knowledgeable

Don't be greedy


How Do You Decide The Stock To Invest In?

The most popular approach seems to be consultation of stockbrokers. This is very important to consult your professional Stock brokers before deciding the stocks to invest in.

Also it’s very important you conduct your independent research or sniff around for news and developments around a company or the sector generally.

In the Stock Market, Information is Power. It is very important to watch out for company’s news to know when they are up to something that may influence their stock prices; Industry news and also maybe a change of management of the company.

Some people also go to the extent of daily monitoring of stock performance and also analyzing past records for value, returns and financial performance of the company.

Sometimes, I personally just invest based on my personal conviction about the prospects of a particular company and not based on hunch.

You will succeed!!!