Many young working executives out there are the people who are very much keen of starting a portfolio. Once get their security account, the first instance when they are able to access to their account they wanted to buy something. Correct me if I am wrong, but that is the fact.
Well, for people who are more patient minded and would take the effort to learn will benefit more than those who rushed into frantic buying and chasing after unrealistic stock price tags. Be it as it may as many reports that revealed technical indications, people will still try their luck to chase after prices. "This time is different", they would probably say. Familiar? Of course it is.
Here are some tips for the impulsive lot who wants to know more about the market.
1. Before buying an equity or a security counter, read their annual report and make sure it is a money making firm.
2. Check the 52 week high because chances are if you buy now, you are actually going to be the one that bought over the stock at it's highest.
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