Март 2010

How To Find Best Stock To Buy Now — Successful Stock Buyers Share Hints

So, you are looking to secure your future, huh? And the best way you believed how to do so is by investing in the stock market. Well, let me tell you something… Good choice! The business of stock trading and stock investing is a very rewarding one indeed, but only if you dedicate enough discipline and hard effort is put into understanding it.

I could chat to you about all of the popular and good stocks to buy out there, but that’s’s just the problem… From my own experience I can say that one of my best stock picks was of a small company back in ’89… Now one of the — if not the most — powerful multinational corporations in the world. I am not going to reveal the organization’s name though, but at the time I purchased them, is was selling penny stocks. It cost be around $0.70 to buy one stock, so I purchased a handful of them.

The Early Years

The first year, my little NASDAQ penny stocks went up around +0.30. That means they were up to $1.00! That was good knows! But I wanted them to go up a little further and then sell them so I could make the difference… To my amazement they fell to $0.90 — something like that.

For the subsequent 10 years the stocks zoomed and I was selling and purchasing and selling and buying… By 1999 they weren’t penny stocks anymore! Their price had gone up to an enormous $50 per stock! What about that! Life was good! And still is… Thanks to that moment!

In Short

What I’m making an attempt to say here is, the best stock to invest in isn’t always the one that’s’s worth hundreds of dollars. Sometimes you have to go for it and take the danger with penny stocks, and often with enough research you know the penny stocks are going to explode some day and make you a real fortune! For more information visit the stock trading book for dummies site.