"The best time is today. The second best is tomorrow.
The earlier the better"
The earlier the better"
How I gonna start if I don't have any money. There are saying "Start Early Start Small". You can use a few bucks you get from your bonus to start. In Malaysia (KLSE), you can buy a share as low as 100 shares. So, start by putting your bonus into the market and add it more as you have more knowledge and money (of course).
How if I buy stock when the market is at their top. No need to worry to much.... If you plan to keep your stock in a long time and you already have an emergency account (which should you've earlier), then there are not to much for worry. From history, 70% - 75% of time the stocks price will go up, only 25% of time went down. If you buy a good stock at their peak (top price) and hold it long enough, then you return from investment on that stock will exceed the cost you pay for the peak price. But, make sure that stock has a good quality enough. If you buy a bad stock and hold it for 10 years as example, you still doesn't make a profit.
How to choose a good company???
In my next post (or next,next,....I don't when) I will share with you how I pick a stock. They actually don't need to much skills. As you understand numbers, then you will get it. For a beginners, I suggest you to focus your selection of stock into blue-chip stocks or a world-branded company which has a long experience in the stock market. Choose a company that has a good post a good dividend yield to their shareholders (such as 5% per year). Put a few bucks on that, and keep learning about stocks.
You'll suprised with the result.
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