Investment is one of the very important tasks in your life. No matter how much you earn, if you don't manage your wealth well, you may end up being poor in the end.
I prefer investing in stocks because it allows me to own many businesses without going through the hassle to run the business. The only thing you need to do is to choose the right business and own it by buying its stock. Isn't it such a great way of running your own business?
Some of you may find that my method and the stocks picked here do not sound exciting. Many of you want to get instant gratification of high return. My philosophy is to invest for long run. It is similar to open your own business, you may not break even after starting it for a year or so. Thus, you must be patient as long as you believe that the business is right.
Which stock to buy? It is easy. Looking into those businesses that everyone needs them and no one can live without them. Choose the ones that are doing the best and that other people find difficult to copy it or replace it.
But of course, you have to buy it at the right time and when the stock is under valued. That's the most difficult part. Educate yourself on this aspect by reading a lot of investment books. I am sure you will be very successful if you put your time in it.
Another important thing: Never borrow money to invest. Always invest using your own saved money. Never play with stock !!!
About technology stocks, unless you are sure that you are holding something like google or microsoft at their early stage, try to avoid it. Too many people loose their money on technology stocks. I'll definitely avoid Creative.
For recommendation of stocks to buy, visit http://lifeandart.googlepages.com/index.html
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