moneystack1.jpgTo be a good investor it requires financial intelligence that you should constantly improve. You have to start reading a lot of books and magazines, the great idea can come without even knowing. Inform yourself from local, national, even from global news. Any information you get from TV or newspaper, you need to learn something from it, keep your mind open. That’s how you start to become a good investor.

Successful investing requires three components, money, time and discipline, the chances are that you have the first two and have to work on the discipline part.

Investors who analyze the company can better judge the value of the stock and profit from buying and selling it. Your greatest asset in stock investing is knowledge (and a little common sense). To succeed in the world of stock investing, keep in mind these key success factors:

Analyze yourself. What do you want to accomplish with your stock investing? What are your investment goals?

Know where to get information. The decisions you make about your money and what stocks to invest in require quality information.

Understand why you want to invest in stocks. Are you seeking appreciation (capital gains) or income (dividends)?

Do some research. Look at the company whose stock you’re considering to see whether it’s a profitable company worthy of your investment dollars.

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