“One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute.” – William Feather
Making investment can be a tricky play. Especially if the investment is in the stock market. You not only have to look at the company you are investing in but also several other volatile factors. Stock market is not an easy game to play. Having the right amount of money is not enough. It needs a lot more than that.
Here are some basic tricks which can help you understand the stock market a little better:
- Do not go with the peer pressure: This rule applies to all the investments you make and this is one of the most important ones for the stock market. You should not invest in a stock just because your friend or a colleague did so. You may want to invest in the same stock, however, the base for that should be your research and information and not peer pressure. As rightly said by Warren Buffet “ Be fearful when others are greedy and be greedy when other are fearful.”