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Use These Tips To Make Money On The Stock Market.

March 7, 2016 by  
Filed under Business, Money, Opinion, Weekly Columns

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( If you have money going spare, then it makes sense to invest it. When I say ‘money going spare’ I mean things like your savings. Or, perhaps you own a business and want to invest your profits to make even more money? Either way, you’ll probably want to start trading on the stock market. And, on that note, I have some tips that will help you make money:

Stay In The Know

Staying in the know refers to being aware of what’s going on. Regarding the stock market, it’s all about understanding the best things to invest in. You have to know what stocks are going to start increasing in price and making money. Obviously, you can’t predict everything; you aren’t going to be psychic. But, by doing your research, you can find out some things that are good to invest in. For example, Dow Jones share price is on the decrease lately, so that’s a sign that it’s not a good thing to spend your money on. If something Woman Worried About Her Personal Financesincreases in price, it means the value is on the up. So, when something is decreasing, it means the value is also decreasing. Stay in the know and look around the internet for the latest stock market news.

Start Off Small

The best tip I can give a beginner is to start off small. Don’t concern yourself with spending loads of money on the stock market. No, that’s a surefire way of losing a heap of cash. Spend a little amount of money and buy shares in a few stocks. Go for some safe bets and watch the value increase steadily over time. When you feel like the stock price has increased substantially, then you can sell. Now, you’ll have a little bit more money than you did before. So, you can make even more small investments in even more stocks. Then, you repeat the same process as before. Wait until the prices of each stock rise, sell them on, and get your profit. It’s a very clever trick to do, especially when combined with my first piece of advice.

Hire A Stockbroker

If you want to make as much money as possible, you should hire a stockbroker. Now, I know you’re probably thinking that this means you’re spending extra money. However, a broker can help you earn so much more than you would on your own. For starters, they’ll devote their day to you and keep you updated on any movers and shakers. Secondly, they might have knowledge that you can’t find anywhere else. Thirdly, they can invest in things for you, while you get on with your normal days work. So, you could end up earning money without having to do anything. Trust me, hiring a stockbroker is a great idea.

Follow these three tips and your finances could take a positive turn. All of the advice is geared towards making money on the stock market. If you want to invest your savings or business profits, then this is the best way to do it. In the space of a year, these tips can turn your life around.

Staff Writer; Shelia Jacobs

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