I can’t believe that it’s been a year now since I created an
account in a broker online and invest my money in several blue chips. My hubby
is very happy that I risked some of our money in the stock market; he did not
know at first because I don’t want him to
disagree with my decision. And when I told him about it he tried to educate
himself in the stock market and before I knew it he is the one that manages it
while I am left behind lol. Seriously he enjoys stock market and even shared the
knowledge with his colleagues at work.
Our strategy is just simple as buy low and sell high, we
have a target that are based on the broker’s computation, that if we reach that
target it is a signal to sell our stocks. And when the market goes down instead
of panicking we are buying more to average down our shares, then we wait till
it is up again. After selling we are looking for a new stock to hold that is
low and has a potential to grow and increase in price, of course it should be
blue chips too.
Remember to just choose your stock wisely, do not sell at
loss, and keep buying shares to average it down if the price of the stock keeps
falling. Educate yourself before entering in any investment.
Nice explanation. Maybe you can help me to know more about stock market. I always hear these words but never tried to enter. They say its risky and I am afraid to lose my earnings. I hope you will soon post more about this topic, I am interested.
ReplyDeleteStock market is a risky market. It's so overwhelming to know how you manage to learn this tricky trade. More blessings to you in that field. How I wish I could do the same.
ReplyDeleteBtw, try to check BPI or BDO. With BDO, I can help you meet my manager/friend there :)