Make a list of things you want.. Set your financial goals.. Determine your risk tolerance.
Make a list of things you want.
Set your financial goals.
Determine your risk tolerance.
Learn about the market.
Formulate your expectations for the stock market.
Focus your thinking.
Determine your asset allocations.
Select your investments.
Determine the intrinsic value and the right price to pay for each stock you are interested in.
Purchase your stock.
Build a portfolio containing between five and 20 different stocks for diversification.
Hold for the long term, five to ten years or preferably longer.
Invest regularly and systematically.
Establish benchmarks.
Compare performance to expectations.
Be vigilant and update your expectations.
Guard against the temptation to trade excessively.
Consult a reputable broker, banker, or investment adviser if you need to.
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